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Adani Group

Adani Green Completes Rs 133 crore Spinel Energy Buyout

Adani Green Energy has completed the acquisition of Spinel Energy and Infrastructure from Hindustan Cleanenergy and Peridot Power Ventures. The deal, which was announced on January 21 first, was formally completed last week. The enterprise value of the all cash deal has been put at Rs 133 crores. For Adani Green, the acquisition is another […]

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Adani to Develop Green Hydrogen Projects in India, Partners With Maire Tecnimont

Maire Tecnimont and Adani Enterprises will explore the development of industrial projects producing chemicals, ammonia and hydrogen in India Italian conglomerate Maire Tecnimont has announced that it has, through its subsidiaries NextChem, Stamicarbon and MET Development (MET DEV), signed a Memorandum of Understanding (MoU) with Adani Enterprises to explore the development of industrial projects using […]

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Adani Green Energy Receives LOA for 300 MW Wind Project From SECI

AREHFL, a subsidiary of Adani Green Energy, has received the LOA to set-up a 300 MW wind project under SECI’s 1200 MW (Tr-X) tender. AREHFL, a subsidiary of Adani Green Energy (AGEL), had participated in the tender issued by the Solar Energy Corporation of India (SECI) for setting up 1,200 MW ISTS-connected wind power projects […]

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Adani Green to Take Over 50 MW Solar Asset from SkyPower Global

One of India’s leading renewable companies, Adani Green Energy Limited (AGEL) has announced that it has signed a share purchase agreement for the acquisition of a 100 percent stake in a special purpose vehicle (SPV) holding 50 MW operating solar project of SkyPower Global, developers and owners of utility-scale solar energy projects, with more than […]

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Adani Green Raises $1.35 Bn for 1.69 GW of Solar, Wind Assets in Rajasthan

Adani Green Energy has successfully raised USD 1.35 billion to initially finance a 1.69 GW portfolio of solar and wind projects in Rajasthan. Adani Green Energy Limited (AGEL) has announced that it has successfully raised a USD 1.35 billion debt package for its under-construction renewable asset portfolio through definitive agreements signed with a group of […]

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Adani Green Commissions 100 MW Gujarat Wind Project Ahead of Schedule

Adani Green Energy has commissioned a 100 MW wind power plant in Kutch, Gujarat five months ahead of its schedule. AWEKTL, a subsidiary of Adani Green Energy Limited (AGEL), has announced that it has commissioned a 100 MW wind power plant in Kutch, Gujarat five months ahead of its schedule. The 100 MW wind project […]

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Adani Green Energy Added 700 MW to Operational Capacity in YTD FY21

Adani Green Energy Ltd (AGEL), a part of the Adani Group, has announced the financial results for the financial period ended December 31, 2020. The firm has reported that continuing on its rapid capacity building despite the ongoing pandemic, it added 700 MW to its operational capacity in YTD FY21 with commissioning of 475 MW […]

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