The boards of directors of Adani Enterprises, Adani Transmission and Adani Green are scheduled to meet on Friday, April 8, 2022 to consider the proposal for raising of funds.
Adani Wilmar has surged 61% in the last one month; Adani Total Gas and Adani Enterprises rallied 35 per cent and 33 per cent, respectively.
With this, AGEL now has a total renewable energy project portfolio of 20.434 MWac capacity, out of which 5.410 MWac projects are operational
Adani group stocks have been in limelight post the stupendous listing of Adani Wilmar four days ago.
Three arms of Adani Green Energy Ltd (AGEL) have collectively raised Rs 612.30 crore through their maiden domestic bond issue on private placement basis for debt refinancing
The company had reported a consolidated net profit of Rs 41 crore in the quarter ended on December 31, 2020, a BSE filing stated
Adani Green so far this month has rallied 45% per cent, sustained trade above Rs 1,900-level can trigger a fresh 15 per cent surge
In the past seven trading sessions, the stock has rallied 36 per cent after the company announced a provisional operational update for Q3
The stock of the renewable energy arm of the diversified Adani Group quoted higher for the ninth straight trading session, and has gained 27 per cent during the same period.
Stocks hitting a 52-week high or new all-time high early in the year tend to have more legs for an upside for the rest of the year.
The RBI on Tuesday introduced a prompt corrective action (PCA) framework for large non-banking financial companies (NBFCs)
The AGEL-SECI agreement to supply 4,667 MW is part of a manufacturing-linked solar tender of 8,000 MW awarded to AGEL by SECI in June 2020
Adani Green Energy (AGEL) has inked a pact with state run Solar Energy Corporation of India (SECI) to supply 4667 MW of green energy. According to a company statement, this is the world's largest ever green power purchase agreement (PPA). "This is yet another step in our journey to enable India's dual objective to accelerate India's renewable energy footprint as well as promote domestic manufacturing under the Aatmanirbhar Bharat programme, said Gautam Adani, Chairman of the Adani Group. Following the proceedings at COP 26, it is increasingly evident that the world has to equitably transition to a low carbon economy faster than previously anticipated, he noted. This is why the Adani Group has committed USD 50-USD 70 billion of investment in the renewables space. This agreement keeps us well on track to our commitment to become the world's largest renewables player by 2030," Adani added. The AGEL-SECI agreement to supply 4,667 MW is part of a manufacturing-linked solar tender of 8,
Total income doubles, energy sales up 54% to nearly four billion units
Solar energy sales grew by 41 per cent
Mukesh Ambani's Reliance Industries and Gautam Adani's Adani Group plan to spend a combined $30 billion over the next few years on green energy push in India. Let us take a look at their goals
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Just last week, Adani Group Chairman Gautam Adani had announced that the Group would invest over $ 20 billion across the next 10 years in renewable energy generation
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