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 […]
AGEL arm bags 150 MWac solar project
Adani Green Energy arm AREHFifteenL has bagged a 150 MWac solar energy project capacity from Torrent Power. Adani Green Energy arm AREHFifteenL has bagged a 150 MWac solar energy project capacity from Torrent Power. Adani Renewable Energy Holding Fifteen Ltd (AREHFifteenL), a wholly-owned subsidiary of Adani Green Energy Ltd (AGEL), participated in a Tender issued […]
Adani Green Energy’s Kamuthi solar plant becomes water positive
According to the DNV certification, the plant created a water credit of 52,982 m3, which is more than its water consumption for year 2020-21, AGEL said New Delhi: Adani Green Energy Limited (AGEL) on Thursday said its Kamuthi solar plant in Tamil Nadu has become water positive. A plant of a company becomes water […]
AGEL acquires Spinel Energy & Infrastructure
New Delhi, Mar 27 Adani Green Energy has acquired 100 per cent equity stake in Spinel Energy and Infrastructure from Hindustan Cleanenergy. Adani Green Energy has acquired 100 per cent equity stake in Spinel Energy and Infrastructure from Hindustan Clean energy and Peridot Power Ventures. “Adani Green Energy Ltd (AGEL) has completed acquisition of 100 […]
Adani Green to buy 74.94 MW solar projects of Sterling & Wilson
Mumbai: Adani Green Energy Ltd (AGEL) on Wednesday announced that it has signed a share purchase agreement for the acquisition of 100 per cent stake in two special purpose vehicles (SPV) holding 74.94 MW operating solar projects of Sterling & Wilson, a Shapoorji Pallonji group company. Source: IANSLive
Adani Green Energy arm gets letter of award for 300 MW wind project
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 […]
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 […]
Total’s Acquisition Of AGEL Stake Strengthens Its Position In Low-Carbon Generation: Moody’s
Total’s acquisition of AGEL stake strengthens its position in low-carbon generation: Moody’s Frankfurt [Germany]: Total SE’s acquisitions of 20 per cent minority interest in Adani Green Energy Ltd (AGEL) from Adani Group for around 2.5 billion dollars is credit positive because it strengthens Total’s position in the low carbon business, according to Moody’s Investors Service. […]