Page 25 - Adani Green Energy

Adani Green Energy to buy 74.94 MW solar projects of Sterling and Wilson

Adani Green Energy Ltd (AGEL) on Wednesday announced that it has signed a share purchase agreement for the acquisition of 100 per cent stake in two special purpose vehicles (SPV) holding 74.94 MW operating solar projects of Sterling & Wilson, a Shapoorji Pallonji group company.

Adani Green Energy arm get letter of award for 300 MW wind project

Adani Green Energy (AGEL) on Monday said that its arm has received a letter of award for 300 MW wind power project under a tender of Solar Energy Corporation of India

Adani Green hits 5% upper circuit on wining 300 MW wind power project

With this project, AGEL's total renewable capacity now stands at 15,165 MW, of which 3,395 MW renewable plants are operational and 11,770 MW projects are under implementation.

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Competition Commission of India said it has cleared Tata Power's proposed acquisition of 51 per cent stake in North Eastern Electricity Supply Company of Odisha Ltd

Adani Green Energy acquires SkyPower's 50MW solar project in Telangana

With this acquisition, AGEL shall increase its operating renewable capacity of 3,395 MW with a total renewable portfolio of 14,865 MW

Adani Green Energy to acquire 50 MW Solar Asset from SkyPower Global

Adani Green Energy announced it has signed a share purchase agreement for acquisition of 100 per cent stake in an SPV holding 50 MW operating solar project of the Toronto-headquartered SkyPower Global

Adani Green raises $1.35 bn to finance its renewable portfolio

The debt facility, with participation from 12 intl banks, would initially finance the company's 1.69 GW hybrid portfolio of solar and wind renewable projects to be setup in 4 SPVs in Rajasthan

This Adani Group stock has zoomed over 1,000% from March 2020 low

Besides AGEL, Adani Total Gas from the Adani Group has rallied 889 per cent from its March 2020 low

Adani Green Energy's Kamuthi solar plant becomes water positive

Adani Green Energy Limited (AGEL) on Thursday said its Kamuthi solar plant in Tamil Nadu has become water positive

Adani Green Energy arm commissions 100-MW wind power plant in Gujarat

Adani Green Energy on Monday said its arm Adani Wind Energy Kutch Three Limited (AWEKTL) has commissioned a 100 megawatt (MW) wind power plant located at Kutch, in Gujarat

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Stocks of 18 of these 25 firms managed to outperform the S&P BSE Sensex on a year-to-date (YTD) basis

Adani wins 3 Gw in 5 projects at Andhra Solar auction, NTPC gets 600 Mw

Lowest bid discovered at Rs 2.47/unit for 6.4 Gw tender

Adani Green Energy posts Rs 41.36 cr net profit in December quarter

Adani Green Energy on Wednesday posted a consolidated net profit of Rs 41.36 crore in the December quarter mainly on the back of higher revenues. The consolidated net loss of the firm was Rs 128.46 crore in the quarter ended on December 31, 2019, a regulatory filing said. Total income of the company for the quarter under review rose to Rs 842.91 crore from Rs 523.20 crore in the year-ago period. "Over the past year we have accelerated our commitment to the Renewable Energy Space based on the new data that has become available. I fundamentally believe that the targets of renewable power will continue to be raised given the need as well as the affordability," Adani Green Energy Chairman Gautam Adani said. Vneet S Jaain, MD & CEO, Adani Green Energy Ltd said: "AGEL has also continued its rapid capacity building despite the ongoing pandemic adding 700 MW in YTD (year to data) FY21 with commissioning of 475 MW and 225 MW added through inorganic opportunities. This has been possible ...

Adani Green arm commissions 100 MW solar power plant in Jalalabad

Adani Green Energy on Monday said that its arm ASE4PL has commissioned a 100 MW solar power project at Jalalabad in Uttar Pradesh

India's aim of doubling renewable power by 2022 gets foreign backers' boost

For investments to rise more, though, the country may need to fix its ailing power distribution sector

Top headlines: Direct tax compliance may ease, RBI open to digital currency

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Investors bet big on Adani Green, but risk-reward outlook is open question

Share of AGEL, which is into solar and wind power, jumped over six times in 2020 versus a gain of 10% for the NSE's Nifty 100 Index - the first and only green energy company to do so in India

Adani Green Energy commissions 150 MW solar plant in Kutch, growth at 55%

Adani Green Energy Ltd (AGEL) arm Adani Solar Energy Kutchh One Ltd has commissioned a 150 MW solar plant in Kutchh, Gujarat. The company in a statement said that despite all the challenges of global pandemic COVID-19, unprecedented rain and flood in Kutchh, the team of experts made it possible to commission the project three months prior to its scheduled commissioning date. This plant has a power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL) at Rs 2.67/kWh for a period of 25 years. With this commissioning, AGEL's total operational renewable capacity grows to 3,125 MW. AGEL has total renewable capacity of 14,795 MW, including 11,670 MW awarded and under implementation projects. Gujarat contributes to nearly 13 per cent of the renewable energy production in India. Speaking on the development Vneet S. Jaain, MD & CEO, Adani Green Energy Ltd said, "This is third solar plant commissioned by AGEL over a span of less than a month. The trend demonstrates our sharp ..

Adani Solar Energy commissions 150 MW solar power project in Kutchh

With the commissioning of this project, AGEL now has total renewable capacity of 14,795 MW including 11,670 MW awarded and under implementation projects

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The promoter of Adani Green Energy, Adani Trading Services LLP, on Monday offloaded shares worth nearly Rs 3,309 crore in the firm