Adani Green Energy VIP Industries

Adani Group will invest Rs 1 lakh crore over the next decade in Andhra Pradesh, Karan Adani said on Friday. Speaking at Andhra Pradesh Investor Summit, he said the investment will span across ports, cement, data centres, energy and advanced manufacturing. This is over and above the Rs 40,000 crore already invested. Adani, eldest son of billionaire Gautam Adani, unveiled the Group's USD 15-billion Vizag Tech Park vision, which includes building one of the world's largest green-powered hyperscale data-centre ecosystems in partnership with Google. He said existing Adani operations in Andhra Pradesh have already created over one lakh direct and indirect jobs, with more large-scale employment generation planned through upcoming projects.

SECI's chairman told Reuters last month that a three-fold increase in tendering of renewable projects has left 30 GW of projects for which bidding is complete, but without buyers

Sri Lanka's Supreme Court has given Prime Minister Dinesh Gunawardena, the Cabinet and the Adani Group three weeks to file preliminary objections to a petition filed by an environmental group against the wind power project undertaken by the Indian conglomerate in the country. Sri Lanka's Adani Group renewable project entails two wind energy projects; a 250 MW in the northeastern district of Mannar and a 234 MW project at Pooneryn in the north. The total investment was to be USD 750 million. On Tuesday, a three-member bench of the apex court gave the prime minister, the Cabinet and the Adani Group three weeks to file preliminary objections to the rights petition against the project. An environmental rights group had claimed in court that a decision by the Cabinet to treat the Adani wind power project as a Sri Lanka-India government-to-government venture was illegal and that it would cause immense damage to the migratory bird population causing environmental hazards. They had also .

Company added it has no relationship with the third-party and has not received any notice itself

First public deal between oil giant and Indian conglomerate since a short-seller leveled fraud allegations against the latter

If added, Adani Green will be the first stock from the group in Sensex. After the inclusion of Adani Enterprises by September-end, Nifty will have two Adani group constituents

Adani Green Energy (Rs 70.60), Gujarat Ambuja Exports (Rs 208) and Morepen Lab (Rs 33.60) were locked in the lower circuit of 5% on the BSE.