Adani Green Energy Expands Renewable Portfolio with Two New Hydro Energy Subsidiaries
Adani Green Energy Limited (AGEL) has incorporated two new wholly-owned subsidiaries, Adani Hydro Energy Thirteen Limited (AHE13L) and Adani Hydro Energy Sixteen Limited (AHE16L), through its step-down subsidiary Adani Saur Urja (KA) Limited (ASUKAL). Both subsidiaries, established on November 21, 2025, have an authorized and paid-up capital of Rs. 1,00,000 each. Their primary focus is on generating, developing, and supplying power from renewable sources, including hydro, wind, and solar energy. This move signifies AGEL's strategic expansion into hydro energy, diversifying its renewable energy portfolio.

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Adani Green Energy Limited (AGEL) has announced the incorporation of two new wholly-owned subsidiaries focused on hydro energy, marking a significant expansion in its renewable energy portfolio. The company's step-down subsidiary, Adani Saur Urja (KA) Limited (ASUKAL), has established Adani Hydro Energy Thirteen Limited (AHE13L) and Adani Hydro Energy Sixteen Limited (AHE16L) on November 21, 2025.
Key Details of the New Subsidiaries
| Particulars | AHE13L | AHE16L |
|---|---|---|
| Authorized Capital | Rs. 1,00,000 | Rs. 1,00,000 |
| Paid-up Capital | Rs. 1,00,000 | Rs. 1,00,000 |
| Turnover | Nil | Nil |
| Shareholding | 100% by ASUKAL | 100% by ASUKAL |
Objectives and Business Focus
The primary objective of both AHE13L and AHE16L is to engage in the generation, development, transformation, distribution, transmission, sale, and supply of power or electrical energy using renewable sources. While the companies are registered as hydro energy entities, their mandate includes the utilization of wind and solar energy as well.
Regulatory Compliance
The incorporation of these subsidiaries aligns with AGEL's commitment to expanding its renewable energy footprint. The company has informed the BSE Limited and the National Stock Exchange of India Limited about this development, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Strategic Implications
This move by Adani Green Energy signifies its continued focus on diversifying its renewable energy portfolio. By venturing into hydro energy alongside its existing solar and wind projects, AGEL is positioning itself as a comprehensive renewable energy provider. The incorporation of these subsidiaries may pave the way for future hydro energy projects, potentially contributing to India's clean energy goals.
Market Impact
While the immediate financial impact is limited, as both subsidiaries are yet to commence operations, this strategic expansion could enhance AGEL's long-term growth prospects in the renewable energy sector. Investors and industry observers will likely monitor the development of these subsidiaries for insights into Adani Green Energy's future direction in the hydro energy space.
As the renewable energy landscape continues to evolve, Adani Green Energy's proactive approach in establishing specialized subsidiaries demonstrates its commitment to maintaining a leading position in the sector. The company's ability to execute and scale these new hydro energy initiatives will be crucial in determining the success of this strategic move.
Historical Stock Returns for Adani Green Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.78% | -3.58% | -0.91% | +3.41% | -10.05% | -12.69% |















































