India: Essel Infra to sell solar assets to Adani Group for up to $286m

India: Essel Infra to sell solar assets to Adani Group for up to $286m

Solar Panels. Photo: Pixabay

Essel Infraprojects Ltd, a part of the Subhash Chandra-led debt-laden Essel Group, has agreed to sell about 310 megawatts (MW) of solar energy assets to the Adani Group at a valuation of ₹1,800-2,000 crore, said two people aware the development.

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