Adani forms manufacturing company for wind turbine generators
POWER & RENEWABLE ENERGY

Adani forms manufacturing company for wind turbine generators

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

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

Next Story
Building Material

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Next Story
Technology

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

Next Story
Infrastructure Urban

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?