Adani Green Energy’s Acquisition of SB Energy: Key Takeaways from the Largest Deal in India’s Renewable Energy Sector
Frost & Sullivan
MAY 19, 2021
Adani Green Energy’s acquisition of SB Energy is the largest deal in India’s renewable energy sector, valuing the company at ?26,000 crores ($3.5 billion). This is great news for India, which currently has one of the largest renewable energy addition programs with targeted capacity addition of 175 GW by 2022 and 430 GW by 2030, according to the Ministry of Power and Ministry of New and Renewable Energy, India.
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