Adani Green Energy NSE 5.00 % (AGEL) on Monday said that its arm has received a letter of award for 300 MW wind power project under a tender of Solar Energy Corporation of India (SECI). “AREHFL, a subsidiary of the AGEL, had participated in the tender issued by SECI for setting up 1,200 MW ISTS-connected […]
Adani Green Energy to acquire 50 MW Solar Asset from SkyPower Global
Adani Green Energy announced it has signed a share purchase agreement for acquisition of 100 per cent stake in an SPV holding 50 MW operating solar project of the Toronto-headquartered SkyPower Global. Adani Green Energy Limited (AGEL) on Saturday announced that it has signed a share purchase agreement for acquisition of 100 per cent stake […]
Adani Green raises $1.35 billion debt from 12 banks
Adani Green Energy Ltd (AGEL) on Thursday said it has raised USD 1.35 billion debt for its under-construction renewable energy projects via definitive agreements signed with a group of 12 international lenders. The revolving project finance facility would initially finance the 1.69 GW hybrid portfolio of solar and wind renewable projects to be set up […]
Gautam Adani gets richer by $16 billion in 2021; beats Musk, Ambani in wealth addition
Adani is followed by Google co-founders Larry Page and Sergey Brin, who have added $14.4 billion and $13.8 billion, respectively, to their net worth in 2021. Adani Group Chairman Gautam Adani has beaten billionaires like Elon Musk and Mukesh Ambani to add the highest amount of wealth in 2021 so far. Adani has added $16.2 […]
Adani Green commissions 100 MW wind power plant in Kutch
Adani Wind Energy Kutch Three (AWEKTL), a subsidiary of Adani Green Energy, commissioned a 100 MW Wind Power Plant in Kutch (Gujarat) 5 months ahead of its schedule. This is the 5th project commissioned before schedule by the company over the past 12 months. The plant has Power Purchase Agreement (PPA) with the Solar Energy […]
Power stocks in focus; Adani, Tata, Torrent Power hit 52-week highs
Shares of Adani Power were locked in 10 per cent upper circuit at Rs 71.40, surging 28 per in the past three trading days Shares of electric utilities companies were in focus at the bourses on Thursday, with the S&P BSE Power index hitting a 52-week high in an otherwise subdued market amid expectation of […]
Adani Group releases pledge on 10 lakh share of AGEL, 1.38 cr shares of ATL
Adani Group stated in a BSE filing about “release of pledge on 10,00,000 equity shares of AGEL and Release of pledge on 1,38,21,355 equity shares of ATL”. New Delhi: Adani Group firms Adani Green Energy (AGEL) and Adani Transmission (ATL) on Saturday announced release of pledge on equity shares by their promoters Gautam S Adani […]
Torrent 300 MW Bid Result
Tender Results : Andhra Pradesh 6.4 GW Solar Tender Won by Torrent, Adani, NTPC and Shirdi Sai Electricals
Reverse auction has been conducted by Andhra Pradesh Green Energy Corporation Limited as per the terms and conditions of RFS for the 6400 MW solar Photo-Voltaic bids at 10 locations. The following are the results of the reverse auction. Final Letter of Award will be granted subject to the outcome of WP 674 of 2021 […]
Exclusive: Adani has no guaranteed customer for $6 bln Indian solar project – document
NEW DELHI/CHENNAI: Adani Green Energy’s ADNA.NS record $6 billion solar power project announced in June has no guaranteed customer, its deal with India’s main solar-adoption agency shows, and may expose the company to higher financial risk. Shares in the firm, controlled by billionaire Gautam Adani, have soared three-fold since the signing of the 8 gigawatt […]