Adani Green Energy Ltd has incorporated a new subsidiary, Adani Ecogen Four Limited, through Adani Renewable Energy Holding Eleven Ltd. With ₹100,000 capital, AE4L will focus on renewable power generation. The move supports AGEL’s 50 GW target by 2030 and strengthens its expansion at Khavda, Gujarat, the world’s largest renewable energy hub.
Adani Green Energy Limited (AGEL), India’s largest renewable energy company, has announced the incorporation of a new wholly-owned step-down subsidiary, Adani Ecogen Four Limited (AE4L). The subsidiary was established through Adani Renewable Energy Holding Eleven Limited and officially incorporated on December 30, 2025, with the certificate received on December 31, 2025.
Key highlights of the announcement include:
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AE4L has been set up with an authorized and paid-up capital of ₹100,000, reflecting its initial structure.
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The subsidiary’s primary focus will be on power generation using renewable energy sources, aligning with AGEL’s aggressive expansion strategy.
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This move strengthens AGEL’s roadmap toward achieving its 50 GW renewable energy capacity target by 2030, reinforcing its position as a global leader in clean energy.
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The incorporation comes amid AGEL’s rapid build-out at Khavda, Gujarat, where it is developing the world’s largest renewable energy plant with a planned capacity of 30,000 MW.
By creating AE4L, Adani Green Energy continues to diversify its operational structure, ensuring scalability and sharper focus on renewable projects. This step highlights the group’s commitment to sustainable growth and its ambition to lead India’s transition to a carbon-free future.
Sources: InvestyWise, Adani Green Energy official site, Wikipedia, NDTV Profit, BusinessWorld