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Adani Group

Japanese Financial Group Orix To Invest Rs 7200 Cr In Greenko for 20% stake

Diversified Japanese financial conglomerate, has made the largest single renewable energy investment into India, with a $980 million ( Rs 7200 crores) on renewable major Greenko Group Holdings. The deal is expected to be closed by the end of the year. The Tokyo based firm had $23.6 billion in reported revenues last year, making the […]

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1500 MW Adani Project in Rajasthan Under HC Lens on land Allotment Issues

Acting on a petition by farmers in an affected village, the Rajasthan High Court has ordered for status quo on project land, pending the responses from various state agencies and further views on the issue. The project in question is probably part of the MoU signed with Rajasthan Renewable Energy Corporation Limited (RRECL), the Government […]

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Report Finds Adani to be the Largest Solar Generation Owner Globally

A report has found the Adani Group to be the largest solar power generation asset owner in the world in terms of operating, under construction & awarded projects. A new report by Mercom Capital has ranked the top 10 global large-scale solar PV developers. And at the very top of those rankings is the Adani […]

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Adani Operating 2595 MW of RE Assets, Over 11 GW Under Implementation

Adani Green Energy now has 2595 MW of renewable energy assets under operation, while an additional 11,395 MW capacity is currently under implementation. Adani Green Energy, the green energy business of the Adani Group, has issued a quarterly update of the firm for the first quarter of the financial year 2020-2021. The firm has reported […]

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Adani After More Thermal Capacity, Acquires 49% Stake in OPGC

Adani has picked up a minority stake in Odisha Power Generation Corporation (OPGC) – a thermal power generating company owned by the Government of Odisha. Fresh from its monumental win in the manufacturing linked solar power tender issued by the Solar Energy Corporation of India (SECI), the Adani Group has picked up a minority (49 […]

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Adani Power Board Gives Nod for Delisting from Indian Bourses

The board of Adani Power Ltd (APL), a part of the diversified Adani Group, has provided its consent on the proposal for delisting of the company’s equity shares from the stock exchanges i.e. both from BSE and NSE. The promoter group collectively holds 289.16 crore equity shares of APL representing 74.97 per cent of the […]

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As Adani Aims For Global Leadership, Questions At Home An Issue for India

Talking to the media after announcing the formal go ahead for the world record win for Adani Green Energy Limited, group founder and Chairman Gautam Adani made some very interesting observations on the future of solar manufacturing equipment in India. According to him, the share of Chinese origin imports could be brought down to zero […]

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After Total SA, More Foreign Investors Seeking Adani Partnership: Gautam Adani

After Total SA, more foreign investors have shown interest in partnering Adani group in its renewable energy business, chairman Gautam Adani has said After French energy major Total SA, more foreign investors have shown interest in partnering Adani group in its renewable energy business, chairman Gautam Adani said recently. In April, Total had invested around […]

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Lockdown Delayed Execution of Under Construction Projects, Escalated Costs: Adani Transmission

Adani Transmission (ATL), an arm of the Adani Group, has said that the coronavirus-induced lockdown has delayed the execution of its under-construction projects due to non-availability of workforce and delay in getting multiple regulatory approvals led to cost escalation. The government had imposed a 21-day nationwide lockdown on March 25, 2020, in order to fight coronavirus pandemic, […]

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