Adani Green

Hydro Pumped Storage Projects exempted from seeking CEA's approval in major boost for power producers

The decision is expected to boost power companies such as Tata Power, Adani Green Energy, Greenko Group, JSW Energy and Torrent Power which have announced plans on pumped storage projects.

Solar stocks shine as analysts see real export potential alongside strong domestic growth

Industry experts said emerging opportunities for Indian exporters after the UK FTA, along with a growing domestic demand could ensure continued momentum in shares of renewable sector companies, despite elevated valuations.

Adani Green Energy profit up 25.54% to Rs 383 crore in Q4

The company's total income rose to Rs 3,278 crore during the quarter from Rs 2,841 crore in the same period a year ago.

Adani Green raises $1.06 billion to refinance renewable facility in Rajasthan

AGEL currently has an operating renewable portfolio of 12.2 GW, the largest in India, spread across 12 states. The company has set a target of achieving 50 GW by 2030.

Top gainers and losers today: Stocks that moved the most on January 20

Benchmark indices, Nifty and Sensex, maintained their upward momentum on January 20, driven by strong gains in both public and private sector banks, which stood out as top performers.

Green energy players Adani Green, Waaree Energies, Hitachi Energy, Torrent Power surge upto 7%

Adani Green Energy was the top gainer within the pack, up 7 percent followed by Waaree Energies, Hitachi Energy and Torrent Power that gained 3-4 percent.

Adani Group's better financial health helped weather the storm better this time, says Bernstein

Bernstein said the Adani Group's significant reduction in promoters' pledged shares, lower leverage, and improved valuations were key factors lifting its financial footing in the past two years.

LIC, KEC International, Yes Bank, Integrated Proteins in Focus| Stocks on Radar

LIC appeals GST demand of over ₹116 Crore. Integrated Proteins has issued and allotted up to 2 crore convertible equity warrants. Adani Green Energy Arm Incorporates Subsidiary Adani Hydro Energy Five. KEC International secures ₹1,704 crore turnkey orders from Power Grid Corporation. Yes Bank Limited Appoints Binu Soman as Chief Vigilance Officer, Effective December 14, 2024

Gainers & Losers: Stocks that moved the most on November 26

The market slipped back into the red after enjoying two days of strong gains as investors cheered for the BJP's landslide win in Maharashtra. Looking ahead, analysts feel valuations, FII selling and earnings growth will remain the key driver for market sentiment.

Adani Group disclosed US bribery probe for the first time a year after FBI raided Sagar Adani

The first disclosure was made in March 2024 when Adani Green was raising $409 million in debt funding

Adani bribery case may have financial, reputational implications, say legal experts

While the Adani Group has issued a statement over the US bribery charges, assuring all legal recourse will be sought, legal experts say there is a reputational risk that the companies may have to face, which may impede financing.

Gautam Adani, others face charges over bribery scheme: Key highlights of the 54-page US indictment

The defendants have been charged for "their roles in a multi-billion-dollar scheme to obtain funds from US investors and global financial institutions on the basis of false and misleading statements."

Gautam Adani offers dollar bond again after earlier deal postponed

The increase in US yields since Trump’s election victory may result in higher all-in borrowing costs for Adani than if it had proceeded with its October offering.

Adani Green offers dollar-denominated bonds to repay overseas loans

Adani Green's units Adani Hybrid Energy Jaisalmer and Adani Solar Energy Jaisalmer are the co-issuers of the debt note. The group aims to use the proceeds of the bond issue note to repay foreign currency loans of the subsidiaries.

Gautam Adani plans to invest $10 billion in US energy, infrastructure to create up to 15,000 jobs

Gautam Adani said the group is looking at 'leveraging its global expertise' in projects in America that will ensure energy security and resilient infrastructure.

Adani Group plans to invest $3 billion to set up its 1st pumped-storage hydropower unit: Report

Adani Green will set up PSH capacity of 5 GW in the next five years and then eventually increase to 25 GW, which will take the group’s total green-energy capability to 70 GW, the report stated.

Sri Lanka inks MoU with Adani Green for 20-year power purchase deal

The Adani Group firm will develop two wind power stations in Mannar and Poonerin

Adani Green commissions 180-MW solar plant at Devikot, in Rajasthan

The plant has a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI), Adani Green Energy Ltd (AGEL), India's largest renewable energy company, said in a statement.

Adani Green completes funding of reserves for $750-million Holdco Bond

On January 8, the company announced a redemption plan for the $750 million Holdco notes to boost investors' confidence.

TN GIM 2024: Tata Power, Adani Green and Sembcorp announce major investments in energy sector

A total of 631 memorandum of understandings were signed, leading to the creation of 14.54 lakh direct employment opportunities and 26.91 lakh in total.

Adani Green completes JV with TotalEnergies, raises $300 million

This follows the binding agreement announced between AGEL and TotalEnergies in September 2023. The JV houses the 1,050 MW portfolio comprising a mix of already operational (300 MW), under construction (500 MW), and under development assets (250 MW) with a blend of both solar and wind power projects in India.