The Economic Times

Aditya Birla Group acquires Shell's India renewables energy arm, Sprng Energy, for $1.8bn

Aditya Birla Group announced acquiring Sprng Energy for $1.8 billion. This significant deal expands the group's renewable energy portfolio substantially. The acquisition includes utility-scale solar, wind, and hybrid assets across India. This transaction positions Aditya Birla Renewables among the nation's largest developers. Regulatory approvals are now pending for the completion of this major acquisition.