In Short : Adani Green Energy experiences a $1.36 billion surge following a significant boost to its mega renewable park. Stocks surge by 4.4%, reflecting positive market response to the company’s renewable energy initiatives and strategic developments. In Detail : Adani Green Energy (NS:ADNA) Ltd (AGEL), a global renewable energy leader, secures a transformative USD […]
Adani Green Energy aims to increase operational RE portfolio to 11 GW in FY24, says CEO Amit Singh – EQ
In Short : Adani Green Energy is planning to expand its operational renewable energy (RE) portfolio to 11 GW in the fiscal year 2023-2024. The company is aiming to substantially increase its renewable energy generation capacity to contribute to India’s clean energy goals. This expansion signifies a strong commitment to sustainability and the transition to […]
Adani Green Energy to Raise $5 Billion through Global Bonds 2023 – EQ Mag
The renewable energy division of the Adani Group, Adani Green Energy (AGEL), plans to finance around $5 billion through international bonds for its anticipated capacity expansion of additional 25 gigawatts (GW) by 2030. The funds would be raised in instalments starting with this fiscal year and continuing over the following several years. There are no […]
Adani Green Energy targets 45 GW of renewable energy by 2030 – EQ Mag
The capacity AGEL is building is about 10 per cent of the renewable energy capacity that India is targeting by 2030 in the transition towards achieving a net zero carbon emission target by 2070. Billionaire Gautam Adani’s renewable energy company is targeting to set up 45 gigawatts (GW) of renewable energy capacity by 2030, as […]
Adani Green Energy net profit rises 51 pc to Rs 323 cr in Jun qtr – EQ Mag
Adani Green Energy said its revenue from operations jumped 55.04 per cent YoY to Rs 2,059 crore from Rs 1,328 crore in the same quarter last year. Adani Green Energy Ltd on Monday said its consolidated profit grew 50.93 per cent year-on-year (YoY) to Rs 323 crore in the June quarter compared with Rs 214 […]
Adani Green Energy ranked first in Asia and among top 10 for renewable energy companies globally for ESG performance – EQ Mag
AGEL has been ranked first in Asia and among the top 10 companies globally in the renewable energy sector by ISS ESG. Adani Green Energy Limited (AGEL), the renewable energy arm of the diversified Adani portfolio, has been ranked first in Asia and among the top 10 companies globally in the renewable energy sector by […]
Adani Green Energy shares climb nearly 3 pc after earnings announcement – EQ Mag
Shares of Adani Green Energy climbed nearly 3 per cent on Tuesday after the company posted a four-fold rise in its consolidated net profit for the March quarter. The stock ended 2.47 per cent higher at Rs 974.10 on the BSE. During the day, it climbed 4.99 per cent to Rs 998.10. At the NSE, […]
Adani Green Energy announces key changes to management, Amit Singh to join as new CEO – EQ Mag
Adani Green Energy Ltd on Monday announced key changes to its top management with the appointment of Amit Singh as the Chief Executive Officer (CEO) and the Key Managerial Personnel with effect from 11 May 2023. The designation of current Managing Director & Chief Executive Officer Vneet S. Jaain will change to Managing Director effective […]
Adani Green Energy net profit up 4-fold to Rs 507 cr in March quarter – EQ Mag
During the quarter that ended on March 31, 2022, the consolidated net profit of the company was Rs 121 crore, according to a filing on the stock exchange. A consolidated net profit of Adani Green Energy increased four-fold to Rs 507 crore in the March quarter compared to the same period a year ago, which […]
Adani Green Energy gets certification from DNV for water conservation – EQ Mag
Adani Green Energy Ltd (AGEL) said it has received a recognition for conserving water against consumption. Adani Green Energy Ltd (AGEL) on Wednesday said it has received a recognition for conserving water against consumption. “AGEL has been certified Water Positive by DNV, an independent global assurance agency. The verification statement signifies that AGEL’s water conservation […]