A unit of the Aditya Birla Group—the flagship company of Indian billionaire Kumar Birla—agreed to buy Shell’s renewable energy business in India for an enterprise value of 172 billion rupees ($1.8 billion) amid growing demand for clean energy in the world’s most populous country.

Under the deal, Aditya Birla Renewables will buy 100% of Solenergi Power, the owner of Sprng Energy, which operates Shell’s renewable energy assets in the country, according to a statement from Aditya Birla Group late........

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