Adani Firm to Acquire 50% Equity in Rajasthan’s Essel Saurya Urja Updated On Thu, Jan 19th, 2023 by Saurenergy Adani Renewable Energy Holding Two Ltd has announced that the company will acquire 50 per cent equity in Rajasthan based renewable energy company Essel Saurya Urja Company of Rajasthan Ltd (ESUCRL). The deal has been announced to be for Rs 15 crore from Essel Infraprojects a firm belonging to the troubles Essel Group whose promoters […] Read more
Adani Green Energy Acquires Solar Projects Worth 205 MW From Essel Updated On Fri, Aug 30th, 2019 by Saurenergy Adani Green Energy has announced that it has signed a securities purchase agreement for the acquisition of 205 MW operating solar assets from Essel Adani Green Energy has announced that it has signed a securities purchase agreement for the acquisition of 205 MW operating solar assets of Essel Green Energy Private Limited (EGEPL) and Essel […] Read more
Subhash Chandra’s Essel Group in Talks To Sell Solar Assets Updated On Tue, Jun 18th, 2019 by Saurenergy Essel Group is in talks to sell its solar energy portfolio and US-based luxury wellness destination YO1 Centre This forms the latest efforts that the Subhash Chandra-led conglomerate is undertaking to raise money to reduce debt. According to media reports, Essel Infraprojects, is in an advanced stage of talks with the Adani Group’s renewable energy […] Read more
Greenko in Advance Stages of Buying Essel Infra’s Solar Biz Updated On Tue, Jun 5th, 2018 by Saurenergy When contacted, an Essel spokesperson told sources, “As an infrastructure conglomerate, we keep on evaluating various opportunities. However, we would not like to comment on market speculation.” Greenko also declined to comment on the deal. A part of Subhash Chandra-led Essel group, Essel Infraprojects is in advance stage of selling 685 MW solar business to […] Read more
