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Adani Group

Adani Green Energy Increases Income but net Profit Drops 82% in Q2

Adani Green Energy while reporting a slight increase in its total income has also reported a decline of over 82% in its consolidated net profit for Q2 2020. Adani Green Energy has reported its financial results for the second quarter (Q2) of the financial year after its Board of Directors approved the results. The firm […]

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Adani to Complete 1 GW Transmission Line to Mumbai by Dec’ 2021

Adani Transmission has vowed to execute a transmission line project which will enhance the power supply by 1 GW to Mumbai, by the end of next year Adani Transmission has vowed that it will be able to execute a transmission line and substation project at suburban Vikhroli which will enhance the power supply by 1,000 MW (1 GW) to […]

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CCI Approves Acquisition of AGE’s Solar Assets by Adani-Total JV

CCI has approved the acquisition of solar energy generation assets of AGE10L by AGE23L, which is the JV controlled by Total Solar and Adani Green Energy. The Competition Commission of India (CCI) has approved the acquisition of solar energy generation assets of Adani Green Energy Ten Limited (AGE10L) by Adani Green Energy Twenty-Three Ltd (AGE23L), […]

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Adani Green Energy Completes Acquisition of 205 MW Solar Assets From Essel

Adani Green Energy has completed the acquisition of 205 MW operating solar assets from Essel Green Energy Private Limited and Essel Infraprojects Limited. Adani Green Energy Limited (AGEL), the renewable energy business of the Adani Group, has announced that it has completed the acquisition of 205 MW operating solar assets from Essel Green Energy Private […]

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Adani Green Reports Strong Q1 2021, Moves Closer to 25 GW by 2025 Target

Adani Green Energy Ltd. (AGEL) has announced the financial results, reporting a strong Q1 for FY 2021, for the quarter ended June 30, 2020. Adani Green Energy Ltd. (AGEL), a part of the Adani Group, has announced the financial results reporting a strong Q1 for FY 2021, for the quarter ended June 30, 2020. The […]

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Japanese Financial Group Orix To Invest Rs 7200 Cr In Greenko for 20% stake

Diversified Japanese financial conglomerate, has made the largest single renewable energy investment into India, with a $980 million ( Rs 7200 crores) on renewable major Greenko Group Holdings. The deal is expected to be closed by the end of the year. The Tokyo based firm had $23.6 billion in reported revenues last year, making the […]

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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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Report Finds Adani to be the Largest Solar Generation Owner Globally

A report has found the Adani Group to be the largest solar power generation asset owner in the world in terms of operating, under construction & awarded projects. A new report by Mercom Capital has ranked the top 10 global large-scale solar PV developers. And at the very top of those rankings is the Adani […]

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Adani Operating 2595 MW of RE Assets, Over 11 GW Under Implementation

Adani Green Energy now has 2595 MW of renewable energy assets under operation, while an additional 11,395 MW capacity is currently under implementation. Adani Green Energy, the green energy business of the Adani Group, has issued a quarterly update of the firm for the first quarter of the financial year 2020-2021. The firm has reported […]

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