Adani Group

Adani Boosts RE Association With Gallery At London Science Museum

The prestigious Science Museum in London has announced a landmark new gallery on Tuesday, which will examine how the world can undergo the fastest energy transition in history to curb climate change, with a subsidiary of the Adani Group being the title sponsor. Energy Revolution: The Adani Green Energy Gallery is supported with title funding […]

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SECI Finally Finds The First Buyer for Manufacturing Linked Tender- GRIDCO

Late last week, SECI (Solar Energy Corporation of India) announced the first power supply agreement (PSA) in connection with its manufacturing-linked solar tenders, floated in November 2019. These were won by Adani Green and Azure Power finally. Signed in Bhubaneshwar between SECI and GRIDCO Limited (or Grid Cooperation of Odisha), a subsidiary of Odisha Electricity […]

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BSES Discoms 510 MW Hybrid Purchase Signals Demand Recovery For Renewables

The decision by the Delhi BSES discoms, BRPL and BYPL, to enter an agreement with SECI to purchase 510 MW of solar plus wind power signals a welcome return to demand recovery for renewable projects awaiting PPA’s. This is on the back of two key events, one that has happened, and another, that might be […]

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Rajasthan HC Cancels Land Allotment To Adani Project

Delivering its judgement in a case filed in 2020, the Rajasthan High Court has cancelled the land allotment adding up to 1452 bighas in Jaisalmer district that was provided to AREPRL, an Adani group firm set up for these projects. The court has also directed state agencies to conduct survey of the land parcels allotted […]

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Adani Ramps Up Renewables Ambition For Group

In a letter to the shareholders, Gautam Adani, Chairman, Adani Group, said the company is aligning with India’s goal of becoming the world’s biggest player in renewable energy. The group has also set a target for itself to become the biggest solar power producer in the world. According to the chairman’s letter, the Adani Group […]

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Adani Green Transfers 74% Stake of MSEL to Adani Tradecom LLP

Ahmedabad-headquartered Adani Green Energy Ltd announced on Saturday that its subsidiary Adani Renewable Energy Holding Four Ltd has transferred 74 per cent shareholding of Mundra Solar Energy Ltd (MSEL) to Adani Tradecom LLP (ATLLP). It stated in a BSE filing, “7,400 equity shares are transferred to ATLLP at face value i.e. Rs 10 each, aggregating to Rs […]

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Adani Power Ltd Posts Rs 13.13 Crore Net Profit in Q4 2021 Results

Adani Power Limited (APL), the power business subsidiary of Indian conglomerate Adani Group, yesterday recorded a consolidated net profit of Rs 13.13 crore in the March 2021 quarter, as opposed to, a BSE filing revealed, a consolidated net loss of Rs 1,312.86 crore in the quarter ended March 31, 2020. The reason for the pleasant result […]

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Adani Green Continues Brisk Start to 2021, With 50 MW Solar Plant in UP’s Chitrakoot

In an official statement today, Adani Solar Energy Chitrakoot One Limited (ASECOL), a subsidiary of Adani Green Energy Limited (AGEL), said that it has commissioned a 50 MW solar power plant in Chitrakoot, Uttar Pradesh (UP).  “The plant has a 25-year-long Power Purchase Agreement (PPA) with the Uttar Pradesh Power Corporation Limited (UPPCL) at Rs 3.07/kwh,” […]

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