Adani, Sterlite Power Complete Acquisition of Transmission Networks For 7 GW Evacuation from Khavda Updated On Mon, Sep 2nd, 2024 by Saurenergy Adani Energy Solutions Ltd (AESL), the transmission and distribution company of the Adani group, has completed the acquisition of the Special Purpose Vehicle (SPV) of the Khavda Phase IV Part-A transmission project, after receiving a letter of intent (LOI) from REC Power Development and Consultancy Ltd. Khavda IVA Power Transmission Ltd, a special purpose vehicle […] Read more
Adani Green Energy Q1 Results- Revenue Up 22% YoY Updated On Thu, Jul 25th, 2024 by Saurenergy Adani Green Energy, the renewable developer arm of the Adani Group, has announced its Q1 results for Fy24-25. In the April June period, the firm recorded a topline of Rs 3122 crores, a 22% jump over the Rs 2550 crores recorded in the corresponding quarter last year. On a sequential quarter basis too, the firm […] Read more
The Top 5: India’s 10 GW Club for RE Developers is Set to Expand Significantly by 2025 Updated On Thu, Jul 4th, 2024 by Saurenergy India has made remarkable strides in the renewable energy sector over the past few years, largely due to the emergence of major renewable energy developers within its borders. Just a few years ago, there were no significant renewable energy project developers in the country. In fact, in 2020, there was no renewable energy developer with […] Read more
Adani Green Energy To Invest $1 Billion In Sri Lanka Wind Projects Updated On Tue, Jun 11th, 2024 by Saurenergy Adani Green Energy plans to invest more than $1 billion (Rs 83.5 billion) in wind power projects in Sri Lanka, according to news reports. This is the country’s largest foreign direct investment and one of the most important energy projects to date. The investment will be directed to the construction of two wind parks with […] Read more
Adani Green Operationalises 1 GW Of Solar Projects At Khavda Within 24 Hours Updated On Fri, Mar 29th, 2024 by Saurenergy In two back to back filings at the Bombay Stock Exchange (BSE), Adani Green Energy Limited has announced the operationalisation of two traches of solar projects at Khavda Gujarat. While one involved a group of projects adding upto 775 MW, the other filing pertained to a further 212 MW of projects operationalised. The announcements follow […] Read more
Wind Turbine Manufacturer Senvion Adds 121.5 MW Order to Portfolio Updated On Fri, Oct 13th, 2023 by Saurenergy Senvion Wind Technology Pvt. Ltd. (Senvion India), a manufacturer of wind turbines, has bagged an order by Independent Power Producer O2 Power Pvt. Ltd for its 2.7 MW M130 turbines. The order stands at a total of 121.5 MW. The scope of the project entails supply, installation, and commissioning, with a total of 45 machines […] Read more
Adani Green Wins Battle At TNERC With Tangedco On Tariff Applicability Updated On Mon, Jul 24th, 2023 by Saurenergy In an order dated July 20, the Tamil Nadu Electricity Regulatory Commission (TNERC) has ruled in favour of Kamuthi Renewable Energy Ltd., a subsidiary of Adani Green Energy Limited in a case involving a dispute with TANGEDCO on the applicable tariff for a 75 MW project at Kamuthi. Tangedco, in an order September 2016, had […] Read more
Adani Green’s 130 MW Wind Project Commissioned in Gujarat Updated On Fri, May 26th, 2023 by Saurenergy A subsidiary of Adani Green Energy, Adani Wind Energy Kutchh Five Limited (AWEK5L), has achieved the commissioning of a 130 MW wind project in Gujarat. The plant has been established at Kutchh. The firm has signed a power purchase agreement (PPA) of 130 MW with Solar Energy Corporation of India (SECI). The agreement has been […] Read more
Adani Green Energy Q4 Results Strong, Net Profit Rises 319 Percent Updated On Wed, May 3rd, 2023 by Saurenergy The Adani Groups green energy development arm, Adani Green Energy has announced a rise of 319 per cent in consolidated net profit to Rs 507 crore for the Q4 quarter ended March 2023. This corresponds to a net profit of Rs 121 crore in the corresponding quarter last fiscal. Other key numbers on the EBITDA […] Read more