Adani Green Sets Up New Renewable Subsidiary

05 Jan 2026 CW Team

Adani Green Energy Limited has announced that its wholly owned subsidiary, Adani Renewable Energy Holding Eleven Limited, has incorporated a new wholly owned entity named Ecothrive Renewables Limited.

According to an exchange filing, Ecothrive Renewables was incorporated on December 26, 2025, and is registered with the Registrar of Companies, Gujarat, at Ahmedabad. The newly formed company is yet to commence business operations.

The primary objective of Ecothrive Renewables is to generate, develop, distribute, transmit, sell and supply power using renewable energy sources such as solar, wind and other clean energy technologies. Adani Renewable Energy Holding Eleven Limited holds 100 per cent of the share capital of the new subsidiary.

Ecothrive Renewables has an authorised capital of Rs 0.1 million and a paid-up capital of Rs 0.1 million.

Adani Green Energy is India’s largest renewable energy company and one of the leading clean energy players globally. The company develops, owns and operates utility-scale, grid-connected solar, wind, hybrid and pumped storage power projects and has set a target of achieving 50 GW of installed capacity by 2030, in line with India’s decarbonisation goals.

In its financial performance, Adani Green Energy reported a 111.2 per cent year-on-year rise in consolidated net profit to Rs 5.83 billion in the second quarter of FY26, despite a 5.3 per cent decline in net sales to Rs 28.24 billion compared with the same period last year.

On the stock market, shares of Adani Green Energy closed 1.29 per cent lower at Rs 1,004.75 on the BSE.

Real Estate

09 Mar 2026

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..

Company showcases North America-certified machinery and secures new deals

Zoomlion Heavy Industry Science & Technology Co., recently showcased a wide portfolio of North America-certified and customised construction equipment at CONEXPO-CON/AGG 2026 in Las Vegas. The display included engineering hoisting machinery, concrete equipment, earthmoving machinery, mining equipment and construction hoisting solutions tailored to regional operational requirements.All equipment presented at the exhibition complies with North American certification standards, with several models specifically developed to meet local regulatory requirements and site conditions. One of the hig..

Sinoboom Launches Dual-ETM Smart Technology

Sinoboom recently introduced its Dual-ETM Smart Technology at CONEXPO-CON/AGG 2026, designed to enhance battery endurance and operational efficiency in electric boom lifts.The new technology integrates advanced components that enable real-time optimisation of power usage during equipment operation. By calculating the precise power requirement instantly, the system delivers only the energy needed for each movement, reducing the inefficiencies associated with conventional maximum-demand power systems.The solution incorporates multiple sensors—including pressure, weight, length and level sensor..