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Adani Enterprises merges two subsidiaries with Adani New Industries Limited | Mint

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Adani Enterprises merges two subsidiaries with Adani New Industries Limited | Mint

- Adani Enterprises has merged two subsidiaries, Adani Infrastructure Private Limited and Mundra Solar Technology Limited, with Adani New Industries Limited. - The merger was effective from October 1 and all necessary procedural formalities have been completed. - Adani Infrastructure Private Limited is involved in real estate and power project development and provides engineering and project management services. - Mundra Solar Technology Limited is engaged in the production, collection, and distribution of electricity. - Adani New Industries Limited focuses on low-carbon projects, green hydrogen, wind turbines, and manufacturing solar module batteries. - Adani New Industries Limited is setting up facilities for solar glass, aluminum frames, and back sheets to support its existing solar cell and module manufacturing.

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