Adani Sells 25.10% Stake in AEML to Qatar Investment Authority Updated On Tue, Feb 11th, 2020 by Saurenergy Adani Transmission has announced that the Qatar Investment Authority has completed the acquisition of a 25.10 percent stake in AEML Adani Transmission Limited (ATL) has announced that Qatar Investment Authority (QIA) has completed the acquisition of a 25.10 percent stake in Adani Electricity Mumbai Limited (AEML) from ATL along with an investment in shareholders subordinated […] Read more
Total to Buy 50% Stake in Adani’s Solar Portfolio for About USD 510 Mn Updated On Thu, Feb 6th, 2020 by Saurenergy In a bid to extend its long term partnership to renewables portfolio, Adani Group on Thursday entered into binding agreement to sell its half of the stake in solar energy assets for about USD 510 million to Total Gas & Power Business Services SAS (Total). As per the deal, Total will acquire 50 percent stake […] Read more
Adani Green Energy Posts 35% Increase in Revenue in First 9 Months of FY20 Updated On Tue, Feb 4th, 2020 by Saurenergy Adani Green Energy has announced its financial results for the first 9 months, reporting revenue from operations of Rs 1852 crore, a 35% growth YoY Adani Green Energy (AGEL), a part of the Adani Group, has announced its financial results for the first 9 months of FY 20 and quarter ended December 31, 2019. And […] Read more
Adani Green Energy Subsidiary Bags 700 MW Solar-Wind Capacity in Maharashtra Updated On Tue, Jan 28th, 2020 by Saurenergy Rosepetal Solar Energy (RSEPL), a wholly-owned subsidiary of Adani Green Energy has been awarded 700 MW solar-wind hybrid capacity by AEML in Maharashtra Rosepetal Solar Energy (RSEPL), a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has been awarded 700 MW solar-wind hybrid capacity by the Adani Electricity Mumbai Limited (AEML) after the state commission […] Read more
Adani Green’s Arm Commissions 75MW Wind Project; Shares Hit 52Wk High Updated On Thu, Jan 2nd, 2020 by Saurenergy Ahmedabad headquartered Adani Green Energy Ltd (AGEL) said that it has commissioned new 75 MW wind energy project through its subsidiary Adani Renewable Energy. The project has been commissioned under the 25 year PPA with Maharashtra Discom MSEDCL at a tariff of Rs 2.85/kWh. The company said in a filing to the stock exchanges that […] Read more
Adani Green Energy’s $362.5 mn Green Bonds Attracts Strong Interest Updated On Tue, Dec 17th, 2019 by Saurenergy Adani Green Energy’s green bonds worth USD 362.5m became India’s 1st investment-grade offering from the nation’s renewable energy sector to global investors. The Adani Group’s aggressive moves in the dollar bond market have led to amplified interest for foreign investors in the Indian renewable energy space. Recently, amortising green bonds worth USD 362.5m issued by […] Read more
Adani Green Energy Mulling Over Acquiring Rest of Essel’s Solar Assets Updated On Mon, Dec 16th, 2019 by Saurenergy Adani Green Energy is reportedly considering acquiring all the remaining solar energy assets of the Essel Group. Adani Green Energy (AGEL) is reportedly considering the option of acquiring all the remaining solar energy assets of the Essel Group. According to media reports, the Essel Group has reached an agreement to sell the remaining 480 MW […] Read more
Need Govt Action to Unlock Vast Potential of Floating Wind: WindEurope Updated On Tue, Dec 3rd, 2019 by Saurenergy Floating wind technology unlocks previously unimaginable horizons of wind power at sea – but it needs Government support for unleashing the full potential. The expansion of offshore wind, as part of the global fight against climate change, will require both bottom-fixed and floating offshore turbines. Floating technology unlocks previously unimaginable horizons of wind power at […] Read more
Adani Green Energy’s Ashish Garg Resigns as CFO Updated On Tue, Nov 26th, 2019 by Saurenergy Adani Green Energy Ltd (AGEL), a renewable energy arm of Adani Group, on Monday said that Ashish Garg, who was designated as the Chief Financial Officer (CFO) of the company has resigned with immediate effect. The company had informed in an exchange filing that “Ashish Garg has tendered his resignation as Chief Financial Officer of […] Read more
