In Short : Adani Green Energy Limited (AGEL) has become the world’s first renewable energy Independent Power Producer (IPP) to achieve water positivity across its 14 GW operational portfolio. Achieving this milestone a year ahead of its FY26 target, AGEL demonstrates its commitment to sustainable practices, setting a global benchmark in the renewable energy sector […]
GQG Partners invests $1 billion to buy additional stake in AEL, AGEL – EQ Mag
Firm had invested $ 2.3 bn in group cos in March; flagship AEL gains over 5%, AGEL ends flat American financial powerhouse GQG Partners (GQG), along with other investors, acquired shares worth $1 billion (Rs. 8,200 crore) from Adani family in the group’s flagship Adani Enterprises Limited (AEL) and Adani Green Energy Limited (AGEL) via […]
AGEL to issue of 2 cr shares worth Rs 3,850 cr to Green Energy Investment Holding – EQ Mag Pro
Adani Green Energy Ltd (AGEL) has received the approval of shareholders for the issuance of over two crore shares worth around Rs 3,850 crore on a preferential basis to Green Energy Investment Holding RSC Ltd. The current principal shareholder of Green Energy Investment Holding RSC Ltd is IHC Capital Holding LLC. At the extraordinary general […]
Adani Green First In India To Achieve GRI South Asia Charter Member Status – EQ Mag Pro
AGEL has displaced 14.64 million tCO2 until March 2021 Average tariff across AGEL portfolio will be lower than the national APPC Digital interventions like IoT, machine learning and innovations for cost reduction Ahmedabad : Adani Green Energy Ltd (AGEL), the world’s largest solar power developer and the renewable energy arm of the diversified Adani Group, […]
AGEL to invest USD 20 billion in renewable energy development over next decade – EQ Mag Pro
Ahmedabad : Adani Green Energy Ltd (AGEL) will invest USD 20 billion in renewable energy development over the next decade and develop two Gigawatt per year solar manufacturing capacity by financial year 2022-23, an official statement said on Tuesday. Adani Transmission Ltd (ATL) is on course to increase the share of renewable power procurement from […]
AGEL arm commissions 150-MW wind power project in Gujarat; 9 months ahead of schedule
Adani Wind Energy Kutchh Three Ltd (AWEKTL) commissioned 150 MW wind power project located in Kutchh, Gujarat, nine months ahead of its schedule,” according to a BSE filing. Adani Green Energy on Wednesday said its arm AWEKTL has commissioned a 150-megawatts (MW) wind power project in the Kutchh district of Gujarat, nine months ahead of […]
AGEL Arm Transfers 74 Pc Stake of MSEL to Adani Tradecom LLP
Adani Green Energy Ltd on Saturday said its arm Adani Renewable Energy Holding Four Ltd has transferred 74 per cent shareholding of Mundra Solar Energy Ltd to Adani Tradecom LLP (ATLLP). New Delhi : Adani Green Energy Ltd on Saturday said its arm Adani Renewable Energy Holding Four Ltd has transferred 74 per cent shareholding of […]
Adani Green to Buy SB Energy’s 5 GW Renewable Portfolio for USD 3.5 Billion
Ahmedabad: Adani Green Energy Limited (AGEL), signed definitive agreements for the acquisition of 100 per cent interest in SB Energy India on May 19, 2021. Earlier, AGEL owned 80 per cent stakes in SB energy and the remaining 20 per cent was owned by Bharti Group. Reportedly, the transaction is for a fully completed enterprise […]
Adani Green Energy Share Surges as Firm Checks to Buy SoftBank’s Majority Stake in SB Energy
Adani Green Energy Limited (AGEL) share hit the upper circuit of five per cent on May 17, 2021. The hit was recorded amidst the reports saying that the firm was checking a proposal to purchase Japan’s SoftBank Group’s majority stake in solar power producer SB Energy. On BSE, the stock opened at a gain of […]
Adani Green Energy Gains After Q4 PAT Grows 63% YoY to Rs 104 cr
Adani Green Energy rose 1.33% to Rs 1,080 after the company’s consolidated net profit soared 62.5% to Rs 104 crore on 41.3% surge in net sales to Rs 979 crore in Q4 FY21 over Q4 FY20. The sale of energy for Q4 FY21 increased by 24% Y-o-Y (year-on-year) to 1,614 million units as against 1,303 […]
