Page 14 - Adani Green Energy

Adani Group planning world's largest, 20 GW hybrid energy plant in Gujarat

The company intends to build the facility faster than any project in its execution history, Gautam Adani said

Adani grp shares in focus; Adani Green, Transmission, Power rally up to 10%

Adani Green Energy (up 10% at Rs 1,089.15), Adani Total Gas (up 5% at Rs 662.45), and NDTV (up 5% at Rs 238.75) were locked in their respective upper circuit limits

SBI, other PSBs to fund Adani's Rs 34,000 cr PVC project in Mundra

Mundra Petrochem, an arm of Adani Enterprise has set its eyes on installing the plant with an annual capacity of one million tonnes in the first phase at a total cost of $2.5 million

Hindenburg report deliberate, malicious attempt to damage reputation: Adani

Gautam Adani added that the Securities and Exchange Board of India is still to submit its report, but the group remains 'confident of governance and disclosure standards'

Adani Green Energy to raise Rs 12,300 crore to repay debt, boost capex

Adani Enterprises Ltd and Adani Transmission had earlier announced they will raise funds worth Rs 21,000 cr

Adani Green Energy weighs raising $1.5 bn to fund expansion, say reports

Adani Green Energy Ltd.'s board will discuss plans to raise funds from institutional investors on Thursday

Adani group promoters looking to trim more stake to build cash reserves

The Adani family owns over 60 per cent stake in the group's listed companies, except Adani Green Energy and ACC Ltd

GQG Partners ups stake in two Adani cos to above 5%, shows confidence

US-based boutique investment firm GQG Partners has ramped up its shareholding in two Adani group companies to more than 5 per cent in signs of its confidence in the group despite the damning report of a US short seller. On June 28, GQG bought USD 1 billion (Rs 8,265 crore) worth of additional stakes in the group's flagship Adani Enterprises Ltd and renewable energy firm Adani Green Energy Ltd. The stake sale in Adani Enterprise was through one block deal, where GQG bought 1.79 crore, or 1.58 per cent, more shares to take its holding to 6.15 crore shares or 5.4 per cent of the total, according to stock exchange filings. A separate filing showed that billionaire Gautam Adani and his brother Rajesh S Adani had sold the shares of the promoter family. This has reduced the Adani family's stake in Adani Enterprises to 67.65 per cent from 69.23 per cent previously. In Adani Green Energy, GQQ bought 4.47 crore or 2.82 per cent additional shares to take its holding to 10.35 crore shares or 6

GQG Partners invests $1 billion to buy additional stake in AEL, AGEL

Firm had invested $ 2.3 bn in group cos in March; flagship AEL gains over 5%, AGEL ends flat

Adani Enterprises rallies 6% on report promoters sell stake via block deal

Till 10:49 am; around 23 million shares of Adani Enterprises had changed hands, as compared to an average sub 7 million shares traded over last 10 days on the NSE

Adani Enterprises, Green see $900 mn of block trades, sparks speculation

The flagship of Indian billionaire Gautam Adani saw 18 million shares traded in a single block Wednesday, or about 1.6% of its outstanding stock, according to data compiled by Bloomberg

Promoter entities raise $1 bn by selling shares in Adani Green Energy, AEL

The proceeds will be used by the promoters to pre-pay debt, banking sources said

Top headlines: Adani cos under Sebi lens, TCS on foreign remittances

Business Standard brings you the top headlines at this hour

Dealings in shares of at least three Adani companies under Sebi lens

Regulator probes possible breach of laws related to insider trading

Fitch affirms stable outlook to $362.5 mn debt of Adani Green Energy RG2

Fitch Ratings has affirmed 'BBB-' rating on Adani Green Energy Ltd Restricted Group 2's USD 362.5 million senior secured notes (bonds), implying a low risk of default. Assigning a stable outlook, the rating agency said that credit assessment is supported by the company's 570MW solar portfolio across two Indian states and long-term fixed-price power purchase agreements (PPAs). The Adani Green Energy Limited Restricted Group 2's (AGEL RG2) consists of 570MW of polycrystalline solar projects, a proven technology with a long operating history, a Fitch rating issued on Friday said. "We regard the operation of these types of solar projects as straightforward and the solar modules are provided by internationally known suppliers" it said. It stated that Fitch Ratings has affirmed the AGEL RG2's USD 362.5 million senior secured, largely amortising notes due 2039 at 'BBB-'. The Outlook is Stable, it held. Explaining about rating rationale, it explained that the AGEL RG2's credit assessment

Stocks to Watch today, June 7: Adani Green, Mazagon Dock, Torrent Power

Stocks to Watch today, June 7, 2023: Tata Power, Uniparts India, Seshasayee Paper, Marksans Pharma will turn ex-dividend on Wednesday

More than skin-deep: Nifty Next 50 complexion to get a shade of difference

Removal of non-F&O stocks could lead to addition/subtraction of 11 stocks, triggering a Rs 5,000-crore churn

Sensex ends 194 pts lower owing to late selling; Broader indices outperform

CLOSING BELL ON JUNE 01, 2023: The NSE Nifty 50 settled with a loss of 47 points below the 18,500-mark. Overall market breadth was fairly positive.

Three Adani firms consider raising up to $5 bn after $2.5 bn share sale

The three companies said on Wednesday they were holding board meetings on Saturday to consider proposals to raise funds. They did not disclose how much they intended to raise

Adani Group shares in focus on fund raising plan; Adani Enterprises up 4%

The board will consider raising funds by way of issuance equity shares or other eligible securities through a private placement, a QIP, or a preferential issue, among others.