Under the MoU signed with CEB, Adani Green is conducting a feasibility study for wind power projects, according to the report
The Haryana Cabinet here on Monday gave approval regarding signing of a supplementary power purchase agreement with Adani Power after it stopped supply of power due to rising prices of imported coal.
Adani was entitled to a sum equivalent to 50 per cent of the outstanding it claims, the court said on February 1
MSCI published additions and deletions to its global indexes last month but the announcement didn't detail changes to the weightings of individual stocks in its indexes
In the past three months, the stock has zoomed 161 per cent, as compared to 5 per cent decline in the S&P BSE Sensex.
HDFC AMC, Godrej Properties to migrate lower; move part of Amfi's half-yearly stock reclassification
From the Asia Pacific region, MSCI has added 48 stocks and deleted 76, with the most changes in China
Twitter users tagged Adani Electricity and Tata Power, the utilities that serve the city, in their posts complaining about the outage.
The Midcap and Smallcap indices declined over 2 per cent each; The breadth too favoured the bears in 3:1 ratio.
Adani Power's consolidated net profit jumped to Rs 4,645.47 crore in the March quarter from Rs 13.13 crore in the year-ago period, mainly on the back of higher revenues. Total income of the company rose to Rs 13,307.92 crore in the quarter ended on March 31, 2022 from Rs 6,902.01 crore in the same period a year ago, it said in a statement on Thursday. The consolidated net profit for 2021-22 climbed to Rs 4,911.58 crore from Rs 1,269.98 crore in 2020-21. Last fiscal, the company's total income increased to Rs 31,686.47 crore from Rs 28,149.68 crore in the same period a year ago. Gautam Adani, Chairman of Adani Group said that availability of reliable power supply to various sectors across the nation is critical to economic growth. "The Adani Group stands committed to fulfilling India's energy needs in a sustainable, reliable, and affordable manner. Our diversified presence across the energy value chain helps us ensure that this vital input is always available to power the economy,
With Rs 1.05 trillion, Adani Power is the sixth Adani Group company which has touched the Rs 1-trillion m-cap milestone
Tata Elxsi, Jindal Steel seen as inclusion candidates; move could see a churn of Rs 6,900 crore by funds tracking the index
Adani Power's market cap was at Rs 99,972 crore as of 10:19 am on Friday, the BSE data shows
Shares of Adani Group companies traded higher by up to 16 per cent on the BSE on Monday, extending their last week's rally
Shares of power distribution companies are in demand amid reports of rising electricity consumption in the country
Adani Wilmar, Adani Power, and Adani Total Gas are expected to see up to 18 per cent upside in the coming sessions
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 Power had signed an agreement with the Rajasthan discoms in March 2008 to set up a 1,200 MW coal-based power project near Kawai in Baran district at a cost of Rs 6,000 crore
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.
India's power consumption has grown steadily at 4.6% YoY in March to 126.12 billion units, showing the impact of early onset of summers and easing of lockdown restrictions by states.