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Adani

Airtel Business, Adani Energy Partner To Power 20mn Smart Meters

Airtel Business – the B2B arm of Bharti Airtel, an Indian telecommunications service provider – today announced that it will power over 20 million smart meters for Adani Energy Solutions Limited (AESL). Airtel, through its nationwide communications network, will deliver reliable and secure connectivity for all AESL’s smart meter deployments. In addition, Airtel’s smart metering […]

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CERC Rejects Punjab Discom’s Plea To Penalize Adani Green Over Delays

The Central Electricity Regulatory Commission (CERC), in its latest judgement declined the petition of Punjab State Power Corporation Limited (PSPCL) against Adani Green Energy. The Punjab discom had pleaded with the CERC to reduce the tariff of 50MW of a Gujarat-based wind power project developed by Adani Green due to the delay in the commencement of the […]

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Adani Green Announces Completing 1050MW JV With TotalEnergies

Adani Green Energy Limited (AGEL) has announced completing the 1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested USD 300 million in the AGEL subsidiary to acquire a 50% stake in the projects.  This follows the binding agreement about the JV announced between AGEL and TotalEnergies in September 2023. The […]

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Promoters To Invest Rs 9,350 Crore Equity In Adani Green

Adani Green Energy Ltd (AGEL) announced that the Board of Directors of the firm have approved a preferential issuance of warrants to the Promoters of AGEL for a quantum of Rs 9,350 crore (equivalent to USD 1,125 million) at a per share price of Rs 1,480.75/share calculated basis SEBI ICDR regulations.  The issuance is subject […]

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Adani Green Concludes PPA For Entire 8GW Manufacturing-Linked SECI Tender

Adani Green Energy Ltd (AGEL) has announced the execution of power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 1,799 MW of solar power. With the signing of this balance PPA, AGEL has completed the power offtake tie-up for the entire 8,000 MW manufacturing-linked solar tender awarded to it by […]

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Adani Group Announces Setting Up Of 30GW Green Energy Park In Gujarat

Gautam Adani, chairperson of Adani Group recently announced the launch of green energy park that is coming up in Gujarat, Rann of Kutch. In the announcement on X a social media platform he shared details of the upcoming green energy park of 30GW.  “Proud to play a crucial role in India’s impressive strides in renewable […]

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Adani Green Seals Its Largest Project Financing Of USD 1.36 billion

Adani Green Energy Ltd (AGEL) announced a follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks.  The renewable energy firm said that the green loan facility would play a pivotal role in enabling the development of AGEL’s next […]

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Adani TotalEnergies E-Mobility Limited to Steer EV Charging in Kanpur

Adani TotalEnergies E-Mobility Limited (ATEL) has inked an agreement with Kanpur Municipal Corporation (KMC) with an aim to encourage e-mobility in Kanpur. Under the Memorandum of Understanding signed between ATEL and the Municipal Corporation of Kanpur, the emobility firm will be responsible for setting up EV charging stations at 18 major locations in Kanpur city. […]

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