Adani Green Energy

CERC Admits Adani Green Petition On LTA Over Pushback By CTUIL

SBSR Power Cleantech Eleven Private Limited (SBSR), a subsidiary of Adani Green Energy Limited, has won a minor victory at the Central Electricity Regulatory Commission (CERC), after the commission took the considered view to admit its petition, over the objections of the Central Transmission Utility Of India Limited (CTUIL). The Issue The case refers to […]

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Adani Green Earnings Call Q1 FY23: Operational Capacity Growth Up To 5800 MW

Kev revelations were made during the Q1 FY23 earnings call of the green arm of Adani Enterprises, Adani Green Energy Limited (AGEL). Here is a look at them-  Capacity Growth On An Upward Trend The operational capacity growth on YoY basis has shot up by 65% to 5800 MW. This growth has been attributed to […]

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Rajasthan High Court Dismisses Petition Against Land Allotment For 450 MW Project

The Rajasthan high court in a recent judgement has dismissed a petition that sought to challenge land allotment by the Government over a solar project. The PIL threatened grave environmental issues if solar projects were to be commissioned in Western Rajasthan. In a landmark judgement, the Justice not only dismissed the petition but also penalised […]

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Andhra Pradesh And Adani Green Sign 60,000 Cr MoU

Andhra Pradesh and Adani Green Energy signed a Memorandum of Understanding (MoU) on May 23 to set up two mega green energy projects at an estimated cost of Rs 60,000 crore in the State. Besides establishing a 3,700 MV hydro storage project, the renewable energy company will also set up a 10,000 MW Solar Power […]

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Sungrow Inaugurates 10 GW Solar Inverter Manufacturing Facility in India

Leading solar inverter maker Sungrow held a formal ceremony in New Delhi to inaugurate the expanded 10 GW annual manufacturing capacity of its plant in India. The company claims that the inauguration is a response to “Make in India” Initiative of Government of India and demonstrates Sungrow’s commitment to “Atmanirbhar Bharat”. The company believes that […]

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Adani Green Energy to Acquire 40 MW Operational Solar Asset in Odisha

Adani Renewable Energy (MH) Limited (AREMHL), a wholly-owned subsidiary of Adani Green Energy Ltd (AGEL), has signed definitive agreements with Essel Green Energy Pvt Ltd to acquire 100% economic value in an SPV that owns a 40 MW operating solar project in Odisha. The company confirms that the project has a long-term Power Purchase Agreement […]

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3.5 GW Solar Capacity Added in H1 of 2021 in India, Says Report

A report by renewable energy research firm JMK Analytics says that India added 3.5 GW of solar capacity in the first six months of the financial year 2022. It places cumulative renewable capacity at 96.95 GW, a figure at variance with government claims of having hit 100 GW. Typically, these differences are accounted for by […]

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Adani Green Energy Q1 Results Deliver Record Revenues, Profits Over Year Ago No’s

Adani Green Energy Ltd. [“AGEL”], a part of the Adani Group, today announced the financial results for the quarter ended June 30, 2021. The Operational Performance Snapshot for the period is as follows. Particulars Quarterly performance Q1 FY22 Q1 FY21 % Change Total Income 1,079 878 23% Revenue from Power Supply 848 609 39% Total […]

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