Adani Green

Adani Green Operationalizes First 1 GW Of 30,000 MW Khavda RE Park

Adani Green Energy Limited (AGEL), the green developer arm of the Adani group, has operationalized cumulative capacity of 1 MW solar energy at the world’s largest RE park at Khavda, Gujarat. With this, AGEL has achieved operational capacity of 9,478 MW and continues its journey to the stated goal of 45,000 MW by 2030. AGEL […]

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CERC Rejects Punjab Discom’s Plea To Penalize Adani Green Over Delays

The Central Electricity Regulatory Commission (CERC), in its latest judgement declined the petition of Punjab State Power Corporation Limited (PSPCL) against Adani Green Energy. The Punjab discom had pleaded with the CERC to reduce the tariff of 50MW of a Gujarat-based wind power project developed by Adani Green due to the delay in the commencement of the […]

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Adani Green Announces Completing 1050MW JV With TotalEnergies

Adani Green Energy Limited (AGEL) has announced completing the 1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested USD 300 million in the AGEL subsidiary to acquire a 50% stake in the projects.  This follows the binding agreement about the JV announced between AGEL and TotalEnergies in September 2023. The […]

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The 2023 Playback- What Our Most Read Stories Tell Us

As a digital publisher, one of the joys of publishing is the feedback, both immediate and ongoing that writers get on their stories. Seen both in actual pageviews and in terms of traction on social media, this feedback loop is a key to decide what gets covered, and what doesn’t at times. We say at […]

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Promoters To Invest Rs 9,350 Crore Equity In Adani Green

Adani Green Energy Ltd (AGEL) announced that the Board of Directors of the firm have approved a preferential issuance of warrants to the Promoters of AGEL for a quantum of Rs 9,350 crore (equivalent to USD 1,125 million) at a per share price of Rs 1,480.75/share calculated basis SEBI ICDR regulations.  The issuance is subject […]

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Adani Green Concludes PPA For Entire 8GW Manufacturing-Linked SECI Tender

Adani Green Energy Ltd (AGEL) has announced the execution of power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 1,799 MW of solar power. With the signing of this balance PPA, AGEL has completed the power offtake tie-up for the entire 8,000 MW manufacturing-linked solar tender awarded to it by […]

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Adani Green Seals Its Largest Project Financing Of USD 1.36 billion

Adani Green Energy Ltd (AGEL) announced a follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks.  The renewable energy firm said that the green loan facility would play a pivotal role in enabling the development of AGEL’s next […]

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Adani Green Bets High On Khavda To Boost Its RE Capacity 

Adani Green Energy Limited (AGEL), which has aimed to deliver 45 Gigawatt (GW) of renewable energy by 2030, has planned to use the vast opportunities at Khavda Solar Park in Gujarat to bolster its capacity. The firm, in its latest investor call, talked about its likely capacity boost plans. The management said it has deployed a […]

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CERC Denies Granting ‘Change Of Law’ Benefits To Adani Green

The Central Electricity Regulatory Commission (CERC), in its latest judgment, declined to give relief to Adani Green on ‘Change of Law’ events on procedural issues. It came after Adani Green, who was a respondent in a petition filed by the Solar Energy Corporation of India (SECI). The Petition was related to the adoption of tariffs.  The Petition […]

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