Aditya Birla Group To Acquire Shell-Backed Sprng Energy For $1.8 billion, Deal To Create 9.3 GW Renewable Energy ...
New Delhi: Aditya Birla Renewables Ltd (ABRen), a wholly owned subsidiary of Grasim Industries, has agreed to acquire Shell-backed Sprng Energy in a deal valued at about USD 1.8 billion (Rs 17,200 crore). The acquisition will create one of India's …