Adani Green Commissions 180 MW Solar Project In Rajasthan Updated On Wed, Mar 27th, 2024 by Saurenergy As the end of the financial year approaches, India’s sorry solar capacity addition figures for the year got a late boost with the commissioning of the project from Adani Green Energy Limited (AGEL). AGEL, India’s largest and one of the world’s leading renewable energy (RE) companies, has commissioned a 180 MW solar power plant at […] Read more
Adani Green Operationalises 448.95 MW Solar Projects In Gujarat Updated On Tue, Mar 5th, 2024 by Saurenergy Gujarat-based renewable energy company Adani Green Energy Limited (AGEL) operationalized an incremental 448.95 MW solar power projects at Khavda, Gujarat. Together with an earlier intimation of projects, dated February 14, 2024, AGEL aggregated to 1,000 MW solar power projects that are operationalized at Khavda, Gujarat. With the operationalization of these plants, AGEL’s total operational renewable […] Read more
Adani Green Delivers Stellar Q3 Results-Profit Up 148% on 40% Turnover Jump Updated On Tue, Jan 30th, 2024 by Saurenergy Adani Green Energy Limited has announced its financial results for Q3 and nine months ending December 31, 2023. The firm, which is the green energy project developer from the Adani Group, saw consolidated net profit improve by 148.54% to Rs 256 crore in Q3FY23 as compared to Rs 103 crore reported in the same period […] Read more
AGEL Unveils Cash Backed Plan For Redeeming $750 Million Debt Updated On Mon, Jan 29th, 2024 by Saurenergy Adani Green Energy Limited (AGEL) has announced the redemption plan for the USD 750 million 4.375 notes due 09 September 2024 (Holdco Notes). The outstanding amounts of the Holdco Notes shall be fully secured through cash balances set aside as part of various reserve accounts securing the Holdco Notes, eight months prior to the maturity. […] Read more
Adani Green FY24 Update Highlights 16% Growth In Capacity, 59% In Power Sales Updated On Tue, Jan 16th, 2024 by Saurenergy In an operational update to the stock exchanges, Adani Green Energy Limited (AGEL), the renewable energy developer arm of the Adani Group, has shared the progress it has made in the first 9 months of FY24. With a target of 45GW of operational renewable energy by 2030, which would be close to10% of India targets, […] Read more
Promoters To Invest Rs 9,350 Crore Equity In Adani Green Updated On Tue, Dec 26th, 2023 by Saurenergy 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 […] Read more
Adani Green Seals Its Largest Project Financing Of USD 1.36 billion Updated On Tue, Dec 5th, 2023 by Saurenergy 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 […] Read more
Adani Green Bets High On Khavda To Boost Its RE Capacity Updated On Tue, Nov 7th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), which has aimed to deliver 45 Gigawatt (GW) of renewable energy by 2030, has planned to use the vast opportunities at Khavda Solar Park in Gujarat to bolster its capacity. The firm, in its latest investor call, talked about its likely capacity boost plans. The management said it has deployed a […] Read more
Adani Green Reports 58% Spike In EBITDA On YoY Basis Updated On Mon, Oct 30th, 2023 by Saurenergy Adani Green Energy Limited (AGEL) in its latest filing before the Bombay Stock Exchange (BSE) said that it reported a 7.69 percent rise in its Profit After Tax (PAT) in the latest quarter ending September 30, 2023, compared to its last quarter. As per the details of the unaudited consolidated financial results, the renewable energy […] Read more
