Aditya Birla Renewables: Aditya Birla Renewables buys Shell’s Sprng Energy in 17,200 crore deal
Aditya Birla Group buys Shell’s Sprng Energy in $1.8 billion deal MUMBAI: Aditya Birla Renewables (ABRen), the renewable energy arm of Grasim Industries, is set to acquire Shell’s India-based renewable energy business, Sprng Energy, for an enterprise value of Rs 17,200 crore ($1.8 billion) including debt, marking one of the largest transactions in the country’s…