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Adani Green hits life-time high on commissioning of wind power project

The commercial sale of power from the Project to Maharashtra State Electricity Distribution Company is expected to commence w.e.f. 1st January 2020

renewable energy, wind energy, solar energy
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SI Reporter Mumbai
Shares of Adani Green Energy (AGEL) hit a new high of Rs 175, having been locked in the upper circuit band of 5 per cent on the BSE for the third straight day, after the company commissioned 75 MW wind power project.

In the past four months, the stock of the Adani Group Company zoomed 300 per cent from a level of Rs 44 on the BSE. In comparison, the S&P BSE Sensex rallied 13 per cent during the same period.

“Adani Renewable Energy (GJ), a stepdown subsidiary of Adani Green Energy has commissioned its 75 MW wind power project