Ahmedabad (Gujarat) [India]: The Adani Green Energy Limited (AGEL) on Thursday expanded its joint venture with TOTAL SA with the acquisition of 205 megawatts (MW) of operating solar assets for an enterprise valuation of Rs 1,632 crore, taking the total operating renewable portfolio under the joint venture to 2,353 MW. AGEL and TOTAL, a broad […]
Total CEO reviews projects with Gautam Adani
French supermajor Total S A CEO Patrick Pouyanne made a day-long visit to India to review the gas and renewable energy projects his firm has with Adani Group. Total has joint ventures with Adani Group firms for city gas distribution, LNG import terminal, and renewable energy projects. In February this year, Total and Adani Green […]
Coronavirus impact: Gautam Adani sees COVID-19 as opportunity for faster transition to clean energy
“While the immediate economic impact may slow us down, we are presented with an opportunity to pause, rethink, and design a new and faster transition to a low-carbon future,” Billionaire Gautam Adani said Billionaire Gautam Adani on Thursday said COVID-19 had an immediate economic impact but the pandemic presents an opportunity to design a new […]
Gautam Adani sees COVID-19 as opportunity for faster transition to clean energy
“While the immediate economic impact may slow us down, we are presented with an opportunity to pause, rethink, and design a new and faster transition to a low-carbon future,” he said New Delhi: Billionaire Gautam Adani on Thursday said COVID-19 had an immediate economic impact but the pandemic presents an opportunity to design a new […]
Gautam Adani gives Rs 100 crore to PM Fund to fight coronavirus
New Delhi: Billionaire Gautam Adani on Sunday announced a Rs 100 crore contribution by his group’s philanthropy arm to the Prime Minister’s Fund to fight coronavirus outbreak. Adani joins Tata Group, Reliance IndustriesNSE -0.89 % and other corporates who have come forward to make contribution to fight the unprecedented crisis. “Adani Foundation is humbled […]
Adani Group aims to become world’s largest solar power player by 2025: Gautam Adani
Billionaire Gautam Adani on Wednesday said his group is aiming to become the world’s largest solar power company by 2025 and the biggest renewable energy firm by 2030. In a Linkedin post, the Adani Group chairman said the age of renewable energy has dawned upon the world faster than most could have anticipated. “Our vision […]
GLOBAL INTEREST HAS BEEN GAINED BY GAUTAM ADANI’S $362 MILLION WORTH “ADANI GREEN”
The Indian billionaire industry leader and owner of the Adani group, the Ahmedabad multinational conglomerate engaged in ports growth and operations in India is Gautam Shantilal Adani (born June 24, 1962, p. 41). Adani is chairman of the Adani Foundation, headed mainly by his mother, Priti Adani. He founded The Adani Group in 1988 and […]
Adani Transmission first quarter profit up 26 per cent at Rs 213 cr
Total income of the company increased to Rs 2,889.74 crore during April-June 2019, from Rs 694.98 crore in the same quarter last fiscal. New Delhi: Adani Transmission on Thursday reported 26 per cent rise in consolidated net profit to Rs 213.42 crore for the June quarter, mainly driven by higher revenues. The company’s consolidated net […]
Adani Green to raise 500 million dollar in green bonds
Majority of the company’s existing debt belong to PSEPL at $212 million and AGEUPL at $100 million. Adani Green Energy, the renewable energy arm of Adani Enterprises, is in process of raising $500 million in green bonds for capital expenditure and refinancing of debt by the middle of June, people close to the development told […]
Commissioning of 50Mwac Solar Power Project in the State of UP by Adani Green Energy
Adani Green Energy (UP), a wholly owned subsidiary of Adani Green Energy has commissioned 50 MWac Solar Power Project on 10 May 2019 in the State of Uttar Pradesh. The off-taker for the Said Project is Uttar Pradesh Power Corporation Limited. The PPA is for 25 years. The approved PPA tariff, at present, is Rs. […]