Adani forms manufacturing company for wind turbine generators

10 Jun 2021 CW Team

Adani Enterprises (AEL) has announced the formation of a wholly-owned subsidiary firm, Mundra Windtech, dedicated to the production of wind turbine generators.

The business subsidiary of Indian conglomerate Adani Group said in a Bombay Stock Exchange (BSE) filing that on June 7, 2021, it formed a wholly-owned subsidiary called Mundra Windtech (MWL). The subsidiary company is yet to begin business operations.

The firm has been created to carry on business as manufacturers of wind turbine generators and other auxiliaries, according to the aims and effects of acquisition/incorporation for the acquisition of MWL.

According to AEL, MWL is a company incorporated in India and registered with the Registrar of Companies in Ahmedabad, Gujarat.

On the BSE, AEL was trading at Rs 1,629.85 per piece, down Rs 6.40 or 0.39% from its previous close of Rs 1,636.25. AEL is the first company in India to synchronise supercritical technology.

Image Source

Also read: Adani Green transfers 74% stake of Mundra Solar to Adani Tradecom

Also read: Adani partners with Maire Tecnimont for green hydrogen projects

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..