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.

Infrastructure Urban

23 Jan 2026

9th India–Myanmar Joint Trade Committee Meeting Held in Nay Pyi Taw

The ninth meeting of the India–Myanmar Joint Trade Committee (JTC) was held in Nay Pyi Taw, Myanmar, with a focus on strengthening bilateral trade and deepening economic cooperation. The meeting was co-chaired by U Minn Minn, Deputy Minister, Ministry of Commerce of the Republic of the Union of Myanmar, and Nitin Kumar Yadav, Additional Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India.Representatives from relevant ministries and stakeholder departments from both countries participated in the discussions. The meeting covered a broad range of issues aim..

DGCA Launches Digital Pilot Licence Services for ATPL

The Directorate General of Civil Aviation (DGCA) has launched Electronic Personnel Licence (EPL) services for the Airline Transport Pilot Licence (ATPL), marking a significant step in the regulator’s ongoing digital transformation of aviation licensing in India. The service was inaugurated at an event held at the DGCA headquarters.Inaugurating the EPL ATPL service, Director General of Civil Aviation Faiz Ahmed Kidwai said the initiative represents a major advancement in strengthening India’s civil aviation regulatory framework through secure, modern and future-ready digital systems. He con..

Cabinet Extends Atal Pension Yojana and Support Till 2030–31

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the continuation of the Atal Pension Yojana (APY) up to the financial year 2030–31, along with the extension of government funding support for promotional and developmental activities and gap funding to ensure the scheme’s long-term sustainability.Under the approved framework, APY will continue to receive government support aimed at expanding its reach among unorganised and low-income workers. This includes funding for awareness campaigns, capacity-building initiatives and other developmental activities to strengthen ..