Inox Clean Energy Completes ₹6,000-Crore Acquisition of Vena Energy India

A company called Inox Clean Energy bought another company called Vena Energy India.

Vena Energy India builds and runs clean energy projects.

Clean energy comes from the sun and wind, so it helps the planet.

The deal cost about six thousand crore rupees, which is a very big amount of money.

The buying company paid for it with its own money and by refinancing.

The deal was finished very quickly, in only about two months.

That is fast for such a big business deal.

Now Inox Clean Energy will run many more solar and wind power projects.

It will also have big batteries that store electricity for later.

Together, the company will have enough clean energy to power millions of homes.