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Adani Green Partners UAE’s Minerva to Develop Renewable Projects in India

Joint venture to focus on building and operating clean energy assets. Adani Green Energy Limited has announced that its subsidiary, Adani Renewable Energy Middle East, has entered into a joint venture agreement with Minerva Holding RSC to develop renewable energy projects in India.

The partnership is backed by EPointZero Holding RSC, the energy and infrastructure arm of International Holding Company PJSC. Minerva, which is wholly owned by EPointZero, will collaborate with Adani Green Energy to develop, construct, and operate renewable energy assets across the country.

As part of the agreement, AGEL UAE will acquire up to a 20% stake in the newly formed joint venture, Minerva Renewables Holding RSC. The governance structure will allow Minerva to appoint up to four directors on the board, while Adani Green Energy will nominate one director.

The collaboration reflects growing international interest in India’s renewable energy sector and is expected to support the expansion of clean energy capacity through strategic global partnerships.