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On Monday, Adani Power has announced that a wholly-owned subsidiary firm, Adani Power (Jharkhand) Ltd has been incorporated by it.
The company said in a BSE filing that “Adani Power Limited (APL) has incorporated a wholly owned subsidiary company Adani Power (Jharkhand) Ltd (APJL) in India, which is registered with the Registrar of Companies, Gujarat, in Ahmedabad on December 18, 2015.”
It further said that APJL is yet to commence its business operations and is “incorporated as a wholly-owned subsidiary of the company for its business purpose”.
