Adani Power

Adani Power Posts 126% Growth in EBITDA for Q2 2020

Adani Power has reported a consolidated EBITDA of Rs 5,086 crore in Q2, a growth of around 126 percent over the same period last year. Adani Power, a part of the Adani Group, has reported its financial results for the second quarter (Q2) of the financial year 2020-21. The firm has reported a consolidated Earnings […]

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1500 MW Adani Project in Rajasthan Under HC Lens on land Allotment Issues

Acting on a petition by farmers in an affected village, the Rajasthan High Court has ordered for status quo on project land, pending the responses from various state agencies and further views on the issue. The project in question is probably part of the MoU signed with Rajasthan Renewable Energy Corporation Limited (RRECL), the Government […]

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Adani After More Thermal Capacity, Acquires 49% Stake in OPGC

Adani has picked up a minority stake in Odisha Power Generation Corporation (OPGC) – a thermal power generating company owned by the Government of Odisha. Fresh from its monumental win in the manufacturing linked solar power tender issued by the Solar Energy Corporation of India (SECI), the Adani Group has picked up a minority (49 […]

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PPA for Thermal Plant with Adani Power in MP Raises Important Questions

The May 27 announcement by Adani Power of a 1320 MW thermal power deal in Madhya Pradesh raises more questions than it answers. The company’s subsidiary Pench Thermal Energy (MP) has signed a 25 year power purchase agreement (PPA) with MP Power Management Company (MPPMCL) for procurement of 1230 MW of electricity on long term […]

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Top 10 Solar Companies in India

What has taken on earth today as a curse is the changing global warming scenario. Solar companies in India have taken the trunk on shoulder to make it a better place to live in future. Solar companies in India are today a GW worth. With making huge success in utility, commercial and home installations, solar […]

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NEXTracker delivers India’s largest solar tracker plant for 105 MW PV project in Punjab

NEXTracker, a Flex company, announced today it has delivered its award-winning PV technology to India’s largest solar tracker power plant, in collaboration with its customer, Adani Power Ltd. Located in the State of Punjab, the project is 105 MW and is already 50% installed and commissioned. This is the first phase of a strategic agreement between […]

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SunEdison finds difficult to get buyers for its projects in India

US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […]

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