Adani Green Energy To Acquire SB Energy’s 5 GW India Renewable Power Portfolio For A Fully Completed EV Of USD 3.5 Billion – India’s Largest Renewables M&A Transaction EDITOR SYNOPSIS: • AGEL has signed definitive agreements for 100% acquisition of SB Energy Holdings Limited (“SB Energy India”). SB Energy India is a joint venture between Japan-based […]
Adani Green Energy’s Kamuthi solar plant becomes water positive
According to the DNV certification, the plant created a water credit of 52,982 m3, which is more than its water consumption for year 2020-21, AGEL said New Delhi: Adani Green Energy Limited (AGEL) on Thursday said its Kamuthi solar plant in Tamil Nadu has become water positive. A plant of a company becomes water […]
AGEL acquires Spinel Energy & Infrastructure
New Delhi, Mar 27 Adani Green Energy has acquired 100 per cent equity stake in Spinel Energy and Infrastructure from Hindustan Cleanenergy. Adani Green Energy has acquired 100 per cent equity stake in Spinel Energy and Infrastructure from Hindustan Clean energy and Peridot Power Ventures. “Adani Green Energy Ltd (AGEL) has completed acquisition of 100 […]
Adani Group releases pledge on 10 lakh share of AGEL, 1.38 cr shares of ATL
Adani Group stated in a BSE filing about “release of pledge on 10,00,000 equity shares of AGEL and Release of pledge on 1,38,21,355 equity shares of ATL”. New Delhi: Adani Group firms Adani Green Energy (AGEL) and Adani Transmission (ATL) on Saturday announced release of pledge on equity shares by their promoters Gautam S Adani […]
CCI Approves Acquisition of Share Capital in Adani Green Energy by Total SE Subsidiary
The Competition Commission of India (CCI) on Monday said it has approved acquisition of share capital in Adani Green Energy by a subsidiary of Total SE. The details of the quantum of stake buy and the value of the transaction were not disclosed The Competition Commission of India (CCI) has approved acquisition of minority stake […]
Adani Green Energy bags LoA for 600 MW wind-solar hybrid power project
Adani Renewable Energy Holding Eight (AREHEightL), a wholly owned subsidiary of Adani Green Energy on 31 December 2020 has received the Letter of Award (LOA) to set-up 600 MW Wind-Solar Hybrid Power Project. AREHEightL participated in a tender issued by the Solar Energy Corporation of India (SECI) for setting up 1,200 MW ISTS-connected Wind-Solar […]
Adani Green Energy commissions 100 MWac solar power project in Gujarat
Adani Solar Energy Kutchh Two, a Whollyowned subsidiary of Adani Green Energy has commissioned 100 MWac Solar Power Project at Khirsara, Gujarat, ahead of its scheduled Commercial Operation Date (COD) according to its 25-year-long Power Purchase Agreement (PPA ) with the Gujarat Urja Vikas Nigam India (GUVNL). The PPA is priced at Rs. 2.44/kWh, as […]
Exclusive: Adani has no guaranteed customer for $6 bln Indian solar project – document
NEW DELHI/CHENNAI: Adani Green Energy’s ADNA.NS record $6 billion solar power project announced in June has no guaranteed customer, its deal with India’s main solar-adoption agency shows, and may expose the company to higher financial risk. Shares in the firm, controlled by billionaire Gautam Adani, have soared three-fold since the signing of the 8 gigawatt […]
KERC allowed the petition of Adani Green Energy
KERC allowed the petition of Adani Green Energy For more information please see below link:
Adani Green Energy Q2 Results: Profit plunges over 82% to Rs 17.57 crore
New Delhi: Adani Green Energy on Wednesday reported over 82 per cent decline in its consolidated net profit to Rs 17.57 crore in September quarter mainly due to higher expenses. The consolidated net profit of the company was Rs 102.29 crore in the quarter ended on September 30, 2019, a BSE filing said. Total income […]
