In Short : Adani Green Energy has reported a significant increase in its net profit for the third quarter, reaching Rs 256 crore. This robust financial performance reflects the company’s continued growth and success in the renewable energy sector. In Detail : Adani Green Q3FY24 results: The company’s revenue from operations rose 17 per cent […]
Adani Green Energy inks pact with SECI for supply of 1,799 MW solar power – EQ
In Short : Adani Green has signed an agreement to supply 1,799 megawatts of solar power to the Solar Energy Corporation of India (SECI). This significant pact strengthens Adani Green’s role in contributing to India’s renewable energy landscape and supports the country’s sustainable energy goals. In Detail : Adani Green Energy (AGEL) on Monday said […]
Adani Green Energy gains on $1-billion investment prospect from parent group – EQ
In Short : Adani Green Energy is experiencing positive market traction due to the anticipation of a substantial $1-billion investment from its parent group. This development underscores investor confidence in Adani Green Energy’s prospects and the commitment of the Adani Group to further support renewable energy initiatives. In Detail : Adani Green Energy gained nearly […]
Adani Green Energy announces incorporation of four step down subsidiaries – EQ
In Short : Adani Green Energy has confirmed the incorporation of four step-down subsidiaries. This strategic move is likely part of the company’s expansion or restructuring efforts, reflecting its commitment to advancing renewable energy initiatives and strengthening its presence in the sector. In Detail : Adani Green Energy has incorporated four step down subsidiaries — […]
Adani Green Energy’s $1.36B Boost for Mega Renewable Park, Stocks Surge 4.4% – EQ
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 […]