Adani Operating 2595 MW of RE Assets, Over 11 GW Under Implementation Updated On Wed, Jul 15th, 2020 by Saurenergy 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 […] Read more
Adani After More Thermal Capacity, Acquires 49% Stake in OPGC Updated On Wed, Jun 24th, 2020 by Saurenergy 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 […] Read more
Adani Power Board Gives Nod for Delisting from Indian Bourses Updated On Mon, Jun 22nd, 2020 by Saurenergy 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 […] Read more
As Adani Aims For Global Leadership, Questions At Home An Issue for India Updated On Wed, Jun 10th, 2020 by Saurenergy 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 […] Read more
After Total SA, More Foreign Investors Seeking Adani Partnership: Gautam Adani Updated On Wed, Jun 10th, 2020 by Saurenergy 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 […] Read more
Lockdown Delayed Execution of Under Construction Projects, Escalated Costs: Adani Transmission Updated On Tue, Jun 2nd, 2020 by Saurenergy 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, […] Read more
PPA for Thermal Plant with Adani Power in MP Raises Important Questions Updated On Mon, Jun 1st, 2020 by Saurenergy The May 27 announcement by Adani Power of a 1320 MW thermal power deal in Madhya Pradesh raises more questions than it answers. The company’s subsidiary Pench Thermal Energy (MP) has signed a 25 year power purchase agreement (PPA) with MP Power Management Company (MPPMCL) for procurement of 1230 MW of electricity on long term […] Read more
COVID-19 a Valuable Energy Transition Opportunity: Gautam Adani Updated On Fri, May 29th, 2020 by Saurenergy Gautam Adani has presented his views on how he believes the COVID-19 pandemic has brought with it an opportunity for the renewable energy industry Gautam Adani, Chairman of the Adani Group, India’s biggest infrastructure conglomerate, recently took to his LinkedIn account to express his views on how he believes the coronavirus (COVID-19) pandemic has brought […] Read more
Adani Green Turns into Black in Q4; Posts Net Profit at Rs 56 Cr Updated On Mon, May 4th, 2020 by Saurenergy Adani Green Energy Ltd (AGEL), an arm of Ahmedabad-based multinational conglomerate Adani Group, has reported a swing to consolidated net profit after taxes (PAT) of Rs 56 crore in the fourth quarter ended March 31, 2020, driven by the decline in total expenses of the company. “The consolidated net loss of the company stood at […] Read more
