Page 22 - Adani Green Energy

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

India Inc's green push gets a fillip with amended Energy Conservation Bill

Share of thermal energy for manufacturing companies almost 95%

Amended Energy Conservation Bill seeks to build carbon credit market

Will also embrace green fuels, industrial energy efficiency

Fag-end buying lifts Sensex 214 pts; Nifty nears 17,400; IT stocks dazzle

CLOSING BELL: All sectors, except IT and Financial Services, witnessed selling pressure today, led by auto, pharma, and public sector banks

Stocks to Watch: ONGC, Reliance, Zomato, Adani Wilmar, IndiGo,Vodafone Idea

Stocks to Watch today: Uber has decided to put its entire 7.8 per cent stake in Zomato on the block, according to sources.

Adani Green Energy net profit falls 2% to Rs 214 crore in June quarter

Adani Green Energy Limited (AGEL) on Tuesday posted a fall of over 2 per cent in consolidated net profit at Rs 214 crore in the April-June quarter of FY23, due to higher expenses. The consolidated net profit of the company in the year-ago period was at Rs 219 crore, according to a regulatory filing. The company's total income rose to Rs 1,701 crore in the first quarter of the current fiscal. It was at Rs 1,079 crore in the same period last year. The expenses stood at Rs 1,425 crore during the quarter under review compared to Rs 898 crore in the preceding fiscal. In a separate statement, Vneet S Jaain, MD & CEO, AGEL, said: "With deployment of latest technologies and analytics driven O&M, AGEL's solar and wind portfolio performance has continued to improve. We are further proud of our teams that have enabled commissioning of India's first solar-wind hybrid capacity of 390 MW at Jaisalmer, Rajasthan with more such projects in pipeline." During the April-June quarter, the company

Open access II: India's attempt to expand scope of green energy initiatives

The new guidelines expanding consumer choices to green energy will remain subject to the uncertainties and quirks of state policy

Blackrock, Mubadala to invest in Tata's renewable arm via rights issue

Unlisted firm Tata Power Renewables Energy plans to raise Rs 6,000 cr; Both Blackrock and Mubadala had invested $525 million this April for 10.5% stake

Adani Group shares rally up to 12%; Adani Total Gas hits record high

The Group said it has participated in the 5G spectrum auction to provide private network solutions along with enhanced cyber security in the airport, ports & logistics and other businesses

India made recommendation for Adani Green: Sri Lankan power board

Under the MoU signed with CEB, Adani Green is conducting a feasibility study for wind power projects, according to the report

Bull run on Dalal Street continues for Reliance, Adani Group companies

The combined m-cap of the six Adani Group companies is up 39 per cent year-to-date to Rs 13.38 trillion on Thursday

Andhra cabinet approves 3,700 MW Adani Green Energy projects in 4 locations

Adani came forward to set up these plants at a cost of Rs 15,376 crore in four phases and provide employment to 4,000 people, according to the Chief Minister's Office

Andhra Pradesh govt clears Adani green energy projects worth Rs 15,740 cr

In a boost to the green energy sector in Andhra Pradesh has cleared pump storage projects proposed by Adani Green Energy with a total capacity of 3,700 MW