Adani Enterprises said that it has incorporated a new fully-owned subsidiary – Mundra Windtech Limited (MWL), which will be engaged in manufacturing wind turbine generators and other auxiliaries.
The flagship entity of Indian conglomerate Adani Group said that Mundra Windtech Limited is yet to start its business operations.
The new Indian wind turbine manufacturer has an authorized and paid-up share capital of Rs 1 lakh.
Last month, Adani Enterprises announced the incorporation of another fully-owned subsidiary called Mahanadi Mines and Minerals Private Limited (MMMPL) for owning, developing, and operating mines of various minerals.
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