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Adani Green Energy

Total Invests Rs 3,707 Cr to Form 50:50 JV with Adani Green Energy

French multinational energy company Total S.A. (Total) has invested about Rs 3,707 crore, through its step-down subsidiary, to form 50:50 joint venture (JV) with Adani Green Energy Ltd (AGEL), the renewable energy arm of conglomerate Adani Group. The move came after the regulatory body – the Competition Commission of India (CCI) — has provided its […]

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CCI Approves JV Between Adani Green Energy and Total SA

Fair trade regulator CCI has notified that it has approved the formation of the JV between Adani Green Energy Ltd and Total S.A. Fair trade regulator CCI has notified that it has approved the formation of the joint venture (JV) between Adani Green Energy Ltd (AGEL) and Total S.A. As per a combination notice filed with the […]

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Fresh CERC Order On Adani Green Energy Plea Establishes Ground Rules

In a judgement uploaded on March 27, the Central Electricity Regulatory Commission has iterated the by now established view on GST change, where it has regularly been accepting it as a change in law. It has also allowed restitution to developers accordingly, payable by implementing agencies SECI and NTPC respectively, subject to the providing of […]

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Adani Green Energy Posts 35% Increase in Revenue in First 9 Months of FY20

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 […]

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Adani Green Energy Subsidiary Bags 700 MW Solar-Wind Capacity in Maharashtra

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 […]

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Adani Green Energy’s $362.5 mn Green Bonds Attracts Strong Interest

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 […]

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Adani Green Energy Mulling Over Acquiring Rest of Essel’s Solar Assets

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 […]

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LONGi Solar Signs 1.2 GW Module Agreement With Adani Green Energy

LONGi Solar has entered into a strategic partnership agreement with Adani Green Energy, where it will supply Adani with 1.2 GW of its new generation modules LONGi Solar has announced that it has entered into a strategic partnership agreement with Adani Green Energy, where LONGi will supply Adani with its new generation Hi MO4 modules. […]

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Adani Green Energy’s Ashish Garg Resigns as CFO

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 […]

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