Business
Source: Bloomberg Markets
Aditya Birla Group Frontrunner to Acquire Shell's Sprng Energy
Aditya Birla Group has reportedly emerged as the leading candidate to purchase Sprng Energy, Shell Plc's renewable power production unit based in India. The potential acquisition would involve Shell's Indian subsidiary, marking a significant development in the renewable energy sector.
By Fainaron·Jun 15, 2026 (7 hours ago)·4 views
Aditya Birla Group is reportedly the frontrunner to acquire Sprng Energy, the Indian renewable power producer owned by Shell Plc.
Sprng Energy is Shell's subsidiary in India, focused on renewable energy generation. The potential transaction would see Aditya Birla Group take ownership of the company.
According to Bloomberg Markets, people familiar with the matter indicated Aditya Birla Group as the preferred bidder.
Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by Bloomberg Markets. Read the original at Bloomberg Markets →
