Business Standard

Thursday, February 13, 2025 | 05:00 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Adani Green Energy Ltd News

Adani group stocks in focus; Enterprises, Power, Green Energy gain up to 4%

Gautam Adani, Chairman of the Adani Group, has announced the launch of Adani Health City integrated health campuses, to be implemented through the Group's not-for-profit healthcare arm

Adani group stocks in focus; Enterprises, Power, Green Energy gain up to 4%
Updated On : 11 Feb 2025 | 10:52 AM IST

Nifty bias improves; analysts expect further gains above 23,200

In the derivatives segment, Crompton Greaves, Titan and HDFC Bank saw over 90 per cent rollovers on Wednesday. The Nifty Put-Call-Ratio rose above 1, with FIIs cutting down some of their short bets.

Nifty bias improves; analysts expect further gains above 23,200
Updated On : 30 Jan 2025 | 9:06 AM IST

Sri Lanka to renegotiate wind power purchase pact with Adani Green Energy

The Sri Lanka government will renegotiate the power purchasing agreement with Adani Green Energy for a 484 MW wind power project to bring the cost under USD 0.06 per unit, an official said on Tuesday. "We would want it to be below 6 cents US," government spokesman Nalinda Jayathissa told reporters here. The previous government's decision to sign a 20-year power purchase agreement for the 484MW wind plants at 8.2 cents US was disputed as local bidders had offered lower unit prices. Jayathissa's NPP had earlier vowed to annul the Adani green energy project. The new government in December decided not to sign an agreement at the purchase prices agreed by the previous government in 2023. The government refuted news reports that the Adani Green Energy projects in the northeastern regions of Mannar and Pooneryn projects are to be cancelled. However, the government-appointed committee would review the whole project. Adani Green Energy had also earlier rejected reports that the project h

Sri Lanka to renegotiate wind power purchase pact with Adani Green Energy
Updated On : 28 Jan 2025 | 5:56 PM IST

Sri Lanka power project not cancelled, tariff is being re-evaluated: Adani

"Reports that Adani's 484 megawatt (MW) wind power projects in Mannar and Pooneryn have been cancelled are false and misleading," Adani Group spokesperson said

Sri Lanka power project not cancelled, tariff is being re-evaluated: Adani
Updated On : 24 Jan 2025 | 7:55 PM IST

Adani Green Energy Q3FY25 results: Net profit jumps 85% to Rs 474 cr

Adani Green Energy Ltd (AGEL) on Thursday posted over 85 per cent rise in consolidated net profit to Rs 474 crore for December quarter on the back of higher revenues from power supply. The company had logged a net profit of Rs 256 crore in the year-ago period, according to a BSE filing. Revenue from power supply rose to Rs 1,993 crore in the quarter from Rs 1,765 crore in the same period year ago. "We are steadily developing the world's largest RE plant in Khavda, Gujarat as well as large-scale plants in Rajasthan and other sites, supported by well-aligned transmission planning." "Our updated strategy now includes largescale deployment of Battery Energy Storage Systems (BESS), given significant cost declines in last few quarters," CEO Amit Singh said in a statement. BESS can be deployed relatively quickly and will be crucial in grid integration, supporting rapid renewable growth and complementing the company's existing solar, wind and hydro pumped storage projects, Singh ...

Adani Green Energy Q3FY25 results: Net profit jumps 85% to Rs 474 cr
Updated On : 23 Jan 2025 | 8:05 PM IST

Q3 results today: Ultratech, HPCl, Zee among 59 to post earnings on Jan 23

Q3FY25 company results, January 23: Two Adani entities including Adani Energy Solutions and Adani Green Energy will release results for the Oct-Dec quarter today

Q3 results today: Ultratech, HPCl, Zee among 59 to post earnings on Jan 23
Updated On : 23 Jan 2025 | 9:20 AM IST

Two of the world's largest law firms to defend Adani in US indictment case

These law firms are the Chicago-based Kirkland & Ellis and Los Angeles-based Quinn Emanuel Urquhart & Sullivan LLP which specialises on business litigations

Two of the world's largest law firms to defend Adani in US indictment case
Updated On : 20 Jan 2025 | 12:58 PM IST

NTPC, Power Grid, NHPC, other power stocks rise up to 7% in trade today

In 2024, solar power spearheaded this growth with addition of 24.54 GW, registering 33.47 per cent year-on-year (Y-o-Y) rise in its cumulative installed capacity to 97.86 GW in 2024

NTPC, Power Grid, NHPC, other power stocks rise up to 7% in trade today
Updated On : 15 Jan 2025 | 11:50 AM IST

Adani Enterprises tests 9-yr trend line support; tech view on group stocks

Adani group stocks have tumbled up to 47% since the start of December quarter. In case of a pullback Adani Green, Adani Ports and Adani Power can potentially rally up to 32%, show tech charts.

Adani Enterprises tests 9-yr trend line support; tech view on group stocks
Updated On : 15 Jan 2025 | 11:19 AM IST

Adani Green Energy up 7% on arm commissioning 57.2 MW wind power component

With the commissioning of this plant, Adani Green Energy's total operational renewable generation capacity has increased to 11,666.1 MW

Adani Green Energy up 7% on arm commissioning 57.2 MW wind power component
Updated On : 15 Jan 2025 | 10:17 AM IST

Adani Group shares in focus; Power, Green, Energy Solutions gain up to 12%

Shares of Adani Power, Adani Green Energy, Adani Energy Solutions, Adani Total Gas and Adani Enterprises have rallied between 5 per cent and 12 per cent, so far today

Adani Group shares in focus; Power, Green, Energy Solutions gain up to 12%
Updated On : 14 Jan 2025 | 11:16 AM IST

F&O Market: Union Bank, Dabur see short build-up as Nifty tumbles 300pts

Union Bank stock futures plunged nearly 8% on the back of 54% increase in OI. On the other hand, Dr. Lal Path Labs and Metropolis Health witnessed long build-up on Monday; shows derivatives data.

F&O Market: Union Bank, Dabur see short build-up as Nifty tumbles 300pts
Updated On : 06 Jan 2025 | 12:41 PM IST

Adani Green Energy's CEO Amit Singh to step down for new role in group

He will be replaced by Ashish Khanna starting April 1, who is the current CEO of the group's international energy business

Adani Green Energy's CEO Amit Singh to step down for new role in group
Updated On : 30 Dec 2024 | 9:13 PM IST

Adani Ent to exit Adani Wilmar JV; Group shares rally up to 15% in weak mkt

AEL will use the proceeds from the sale to turbocharger its investments in the core infrastructure platforms in energy & utility, transport & logistics and other adjacency in primary industry.

Adani Ent to exit Adani Wilmar JV; Group shares rally up to 15% in weak mkt
Updated On : 30 Dec 2024 | 3:55 PM IST

What led Adani Green Energy share to rally 9% on Dec 12? Check details here

The rise in Adani Green Energy share price came after the company announced that its step-down subsidiary Adani Green Energy Twenty Five, has commissioned a 250 MW solar power project in Rajasthan

What led Adani Green Energy share to rally 9% on Dec 12? Check details here
Updated On : 12 Dec 2024 | 12:24 PM IST

Adani Group shares trade firm; Power, Green Energy stocks gain up to 9%

Adani Green Energy Twenty Five, a step-down subsidiary of Adani Green, has commissioned a 250 MW solar power project at Rajasthan

Adani Group shares trade firm; Power, Green Energy stocks gain up to 9%
Updated On : 12 Dec 2024 | 12:10 PM IST

Adani Group most attractive among Indian investment grade cos: Nomura

The Japanese firm also sees 'minimal risk' of termination of 8 gigawatt (GW) Solar Energy Corporation of India (SECI) solar manufacturing-linked projects

Adani Group most attractive among Indian investment grade cos: Nomura
Updated On : 09 Dec 2024 | 1:27 PM IST

Adani's solar contract has lower tariff, can find new buyer: Analysts

Adani Group's solar power contract, which is at the centre of bribery allegations, has tariffs that are lower than competition and can find new buyers in case the pact is cancelled, according to analysts. US authorities have charged Adani Group Founder-Chairman Gautam Adani and others for being part of a scheme to offer USD 265 million bribe to Indian officials to gain a contract to supply 8 gigawatt of electricity generated from solar energy by Adani Green Energy Ltd (AGEL). The group has denied all charges. "If Adani promoters are found guilty, we believe the size of potential penalty is manageable given it is up to three times the value of the bribe," Nomura said in a report. The brokerage said there are about 1.8 GW solar projects commissioned in Gujarat from February-March 2024, with tariff of Rs 2.42 per unit under the 25-year power purchase agreements (PPAs). These operational projects are running under 5 special purpose vehicles, namely Adani Green Energy Twenty Four A Ltd

Adani's solar contract has lower tariff, can find new buyer: Analysts
Updated On : 08 Dec 2024 | 10:35 AM IST

Andhra Pradesh govt may rethink Adani's solar deal amid bribery allegations

According to reports, Andhra Pradesh CM N Chandrababu Naidu is personally reviewing the situation and is expected to discuss the matter with his cabinet on Tuesday

Andhra Pradesh govt may rethink Adani's solar deal amid bribery allegations
Updated On : 03 Dec 2024 | 9:26 AM IST

Stocks of 6 Adani Group settle lower; Adani Total declines nearly 5%

Shares of six Adani Group firms ended lower on Monday, with Adani Total Gas falling nearly 5 per cent. The stock of Adani Total Gas dropped 4.87 per cent to Rs 772 on the BSE and Adani Energy Solutions tanked 4.04 per cent to Rs 806.60. Shares of NDTV dipped 1.29 per cent, Adani Wilmar went lower by 1.23 per cent, Adani Power declined 1 per cent and Adani Enterprises skidded 0.28 per cent. During morning trade, Adani Green Energy jumped 9 per cent after Adani Group Chairman Gautam Adani said his conglomerate was committed to compliances and "every attack makes us stronger" amid recent allegations and his indictment in the US. The stock of Adani Green Energy Ltd surged to Rs 1,445 during the morning trade but later gave up most of the early gains and ended at Rs 1,327.95, up 0.26 per cent. Shares of Adani Ports climbed 2.18 per cent, Ambuja Cements went up 1.34 per cent, Sanghi Industries (0.65 per cent), and ACC (0.38 per cent). Coming out in public for the first time after recen

Stocks of 6 Adani Group settle lower; Adani Total declines nearly 5%
Updated On : 02 Dec 2024 | 11:03 PM IST