Aditya Birla to buy Shell's India unit for ₹17,200 crore in major deal
Aditya Birla Renewables (ABRen) has revealed plans to purchase Solenergi Power from the UK-based oil company Shell for ₹17,200 crore. This transaction stands as one of the biggest acquisitions of its kind within India. ABRen operates as a subsidiary under Grasim Industries, the primary company of the Aditya Birla Group. Solenergi is the parent company of the Sprng Energy group, a prominent player in the Indian renewable energy sector.
by shortkt.com✓