Page 20 - Adani Green Energy

Adani Group stocks crack; Adani Enterprises, ATGL hit 10% lower limit

Adani Enterprises and Adani Total Gas were the major losers among the group stocks, as they hit the 10 per cent lower circuit in intraday deals.

Adani Green Energy up 20% on heavy volume; exchange data shows block deal

In September, Spitze Trade and Investment Limited, one of the promoters of AGEL acquired 4 million equity shares representing 0.25 per cent of total equity of the company via open market deals.

Adani Green commissions largest 600 MW wind-solar plant in Rajasthan

Adani Green Energy Ltd (AGEL) on Thursday said it has commissioned the world's largest wind-solar power plant of 600 MW capacity in Jaisalmer, Rajasthan. The plant has a power purchase agreement with Solar Energy Corporation of India (SECI) at Rs 2.69/kwh for 25 years, a company statement said. The project consists of 600 MW solar and 150 MW wind plants, it said adding it shall not only reduce intermittency of renewable energy power, but also help the country in optimal utilisation of transmission network. In May 2022, AGEL operationalised India's first hybrid power plant with a capacity of 390 MW in Jaisalmer. With the commissioning of the 600 MW plant, AGEL now has total operational generation capacity of 6.7 GW, including operational hybrid power generation capacity of 1 GW, the largest in the world, it said. This puts AGEL's total renewable portfolio of 20.4 GW well on track to reach its vision of 45 GW capacity by 2030. The 600 MW hybrid plant is housed in two AGEL subsidiar

TotalEnergies may trim stake in Adani Green to cash in on valuation jump

The French energy giant bought 20% of Adani Green in 2021 for $2 billion, building on a series of previous deals with Indian billionaire Gautam Adani.

Top headlines: Adani's $100-bn green energy push; Saab to produce in India

The group has earmarked 70 per cent of its new investments for energy transition space and infrastructure. "We are already the world's largest solar player, and we intend to do far more

World's second-biggest fortune fails to halt rout in bonds of Adani firms

Stocks of firms in Gautam Adani's business empire -- spanning ports to gas distribution and coal mining -- have jumped in part on soaring energy prices

Gautam Adani earned Rs 1,612 crore a day in 2021: Hurun India

Adani was far ahead of Reliance Industries' chairman Mukesh Ambani (Mukesh Ambani & family), whose wealth rose 11 per cent in the last one year

Stocks to Watch: IRCTC, McLeod Russel, Sugar, Adani Ports, Gail, Dish TV

Stocks to Watch Today: Oil related shares are likely to be in focus on Tuesday as the oil ministry sought a review of the windfall profit tax on domestically produced crude oil.

Adani Green commissions 325-MW wind power project in Dhar district of MP

Adani Green Energy Limited has commissioned a 325-megawatt wind energy plant in Dhar district of Madhya Pradesh. With the commissioning of this plant, its operational generation capacity has increased to 6.1 gigawatt (GW), Adani Green Energy Limited (AGEL) said in a statement on Monday. "Adani Wind Energy MP One Private Ltd (AWEMP1PL), a subsidiary of AGEL, has commissioned a 324.4 MW wind power plant in Dhar, Madhya Pradesh," it said. The plant has two 25-year Power Purchase Agreements (PPAs) with Solar Energy Corporation of India (SECI), one for 274.4 MW energy and another for 50 MW power, at a tariff of Rs 2.83 per kwh (kilowatt hour). The newly commissioned plant will be managed by the Adani Group's 'Energy Network Operation Centre' platform, which provides technological assistance. In the statement, the company did not disclose any financial details of the project. According to industry estimates, to set up every 1 MW of solar capacity, an investment of over Rs 4.5 crore is

Suzlon Energy freezes at 20% upper circuit on heavy volumes

As of 10:08 AM, a combined 228 million equity shares had changed hands in less than hour of trades with pending buy orders for around 45.83 million shares on the NSE and BSE.

Adani Green could replace Dr Reddy's in Sensex during December review

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

Top headlines: Economy grows at fastest pace, Tata Sons amends AoA and more

With this, Tata Sons and Tata Trusts, which own 66 per cent of the group, must have separate chairmen

Adani Green's key debt ratio is set to improve, says Nomura Holdings

The Adani conglomerate has committed to invest a total of $70 billion by 2030 across its green energy value chain to become the world's largest renewable energy producer.

Debt ratio at Adani's green firm needs 'watching' as it soars to 95.3%

Gautam Adani owned company's debt-to-capital ratio has soared to 95.3%, a level that is on the "higher side" for a private company

Green hydrogen: India Inc's next big thing even as policies take shape

Undeterred by the absence of policy or supply chain, conglomerates, and RE companies are investing heavily in this new fuel.

Sensex tanks 709 pts from day's high, ends 311 pts down; Nifty holds 17,500

F&O Expiry: 25 of the 30 Sensex constituents and 34 of the 50 Nifty constituents ended in the negative territory including Adani Ports, Bajaj Finance, IndusInd Bank, Infosys, TCS, Axis Bank, and HDFC

Stocks to watch: TCS, Wipro, Future Ent, IDBI Bank, Adani Green, ONGC, NHPC

Stocks to watch today: Canara Bank plans to raise up to Rs 3,500 crore through tier II bonds; TCS clarified that it would pay 100 per cent of variable payout in the June quarter of FY23.

Top headlines:Nitish wins trust vote; DreamFolks IPO sails through on Day 1

Adani Green Energy Ltd., one of the seven listed units of Gautam Adani's ports-to-renewables empire, has seen its debt-to-equity ratio balloon to the second-highest in Asia

Adani Green's 2,021% debt-equity ratio is second-worst in Asia: Report

The Gujarat-based company's debt-to-equity ratio is only behind China's Datang Huayin Electric Power Co., which has a ratio of 2,452%, among 892 listed companies in Asia, according to Bloomberg data

Adani group gets provisional approvals for renewable energy projects in SL

Adani Green Energy was issued provisional approvals for two wind power projects in northern province for an investment of over $ 500 million, Sri Lanka's Energy Minister Kanchana Wijesekara announced