Aditya Birla Renewables Ltd (ABRen), the renewable energy arm of Grasim Industries, has entered into an agreement to acquire Sprng Energy from Shell Overseas Investment BV in a transaction worth about $1.8 billion. The acquisition will create one of India's largest integrated renewable energy platforms.

Aditya Birla Renewables Ltd (ABRen), the renewable energy arm of Grasim Industries, has entered into an agreement to acquire Sprng Energy from Shell Overseas Investment BV in a…

Aditya Birla Group acquires Sprng Energy for ₹17,200 crore, boosting its renewable energy capacity to 9.3 GWp.

Aditya Birla Renewables acquired Sprng Energy's holding company for Rs 17,200 crore. This significant deal catapults the company's generation capacity to 9.2 gigawatts. Sprng…