After 25 GW Capacity Target, Renew Power to Enter Cell Manufacturing Updated On Thu, Jul 16th, 2020 by Saurenergy Update: Sumant Sinha, Chairman and Founder at Renew Power, has confirmed that the firm will be entering into manufacturing of solar cells, with an initial capacity of 2000MW . Close on the heels of plans to grow total installed capacity to 25,000 MW in 5 years, comes a report in The Economic Times that Renew […] Read more
As Adani Aims For Global Leadership, Questions At Home An Issue for India Updated On Wed, Jun 10th, 2020 by Saurenergy Talking to the media after announcing the formal go ahead for the world record win for Adani Green Energy Limited, group founder and Chairman Gautam Adani made some very interesting observations on the future of solar manufacturing equipment in India. According to him, the share of Chinese origin imports could be brought down to zero […] Read more
After Total SA, More Foreign Investors Seeking Adani Partnership: Gautam Adani Updated On Wed, Jun 10th, 2020 by Saurenergy After Total SA, more foreign investors have shown interest in partnering Adani group in its renewable energy business, chairman Gautam Adani has said After French energy major Total SA, more foreign investors have shown interest in partnering Adani group in its renewable energy business, chairman Gautam Adani said recently. In April, Total had invested around […] Read more
COVID-19 a Valuable Energy Transition Opportunity: Gautam Adani Updated On Fri, May 29th, 2020 by Saurenergy Gautam Adani has presented his views on how he believes the COVID-19 pandemic has brought with it an opportunity for the renewable energy industry Gautam Adani, Chairman of the Adani Group, India’s biggest infrastructure conglomerate, recently took to his LinkedIn account to express his views on how he believes the coronavirus (COVID-19) pandemic has brought […] Read more
For India’s Power Sector, A Simple Test To Evaluate The $266 billion Stimulus Updated On Wed, May 13th, 2020 by Saurenergy Yesterday, Prime Minister Narendra Modi delivered yet another surprise, this time pleasant, in his 8 p.m address to the nation. The workaholic PM, whose evening addresses to the nation have achieved somewhat of a legendary status ever since the first big one delivered demonetisation in 2016, delivered one of his most enigmatic speeches, staying away […] Read more
Adani Green Turns into Black in Q4; Posts Net Profit at Rs 56 Cr Updated On Mon, May 4th, 2020 by Saurenergy Adani Green Energy Ltd (AGEL), an arm of Ahmedabad-based multinational conglomerate Adani Group, has reported a swing to consolidated net profit after taxes (PAT) of Rs 56 crore in the fourth quarter ended March 31, 2020, driven by the decline in total expenses of the company. “The consolidated net loss of the company stood at […] Read more
Covid-19: Gautam Adani and ‘Parivaar’ Commits to Support India in Testing Times Updated On Sat, Apr 4th, 2020 by Saurenergy Ahmedabad-based multinational conglomerate Adani Group Chairman Gautam Adani along with his ‘Parivaar’, employee workforce, has committed towards India’s fight against coronavirus pandemic. Last week, the Adani Foundation, a CSR arm of Adani Group, contributed Rs 100 crore towards PM’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund). Now, its employees have contributed […] Read more
Adani Transmission Q3 Net Profit Zooms 32% to Rs 204 Cr Updated On Thu, Feb 13th, 2020 by Saurenergy Adani Transmission Ltd (ATL), an arm of the Adani Group, has reported a jump of 32 per cent in its consolidated net profit after taxes (PAT) at Rs 204 crore for the third quarter ended December 31, 2019, strongly driven by superlative operational performance. “The consolidated net profit of the company stood at Rs 154 crore […] Read more
The Total-Adani Deal- Impact on Indian Solar Sector Updated On Fri, Feb 7th, 2020 by Saurenergy The announcement yesterday of a proposed JV between Total Total SA, the french energy major, and Adani Green Energy, the renewable energy arm of the Adani Group, for $510 million (approx Rs 3600 crores) is, to put it mildly, a surprise. After all, while not dire, the sector today faces multiple pressure points, the latest […] Read more