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Adani Group

Adani, Sterlite Power Complete Acquisition of Transmission Networks For 7 GW Evacuation from Khavda

Adani Energy Solutions Ltd (AESL), the transmission and distribution company of the Adani group, has completed the acquisition of the Special Purpose Vehicle (SPV) of the Khavda Phase IV Part-A transmission project, after receiving a letter of intent (LOI) from REC Power Development and Consultancy Ltd. Khavda IVA Power Transmission Ltd, a special purpose vehicle […]

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Adani Energy Solutions Raises Rs 8,373 Crore From QIP Route

Gujarat-based Adani Energy Solutions Limited (AESL), recently completed its Rs 8,373 crores (USD 1 billion) Qualified Institutional Placement (QIP). This QIP marks AESL’s first equity raise in the capital market since its demerger and listing from Adani Enterprises Limited (AEL) in July 2015. Adani Energy has a base deal size of Rs. 5,861 crore (USD […]

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Adani Green Energy Q1 Results- Revenue Up 22% YoY

Adani Green Energy, the renewable developer arm of the Adani Group, has announced its Q1 results for Fy24-25. In the April June period, the firm recorded a topline of Rs 3122 crores, a 22% jump over the Rs 2550 crores recorded in the corresponding quarter last year. On a sequential quarter basis too, the firm […]

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Kiwa PVEL’s Scorecard: Adani Solar, Waaree Maintain Top Positions

Adani Solar, the solar photovoltaic (PV) manufacturing arm of the Adani Group and Waaree Solar have been been recognized as a Top Performers in the 10th Edition of Kiwa PVEL’s PV Module Reliability Scorecard. Kiwa PVEL is a leading independent laboratory serving the downstream solar industry. Their annual Scorecard highlights manufacturers that have produced PV […]

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CERC Declines Relief To Adani Subsidiary Over Delay In Bhuj Wind Project

The Central Electricity Regulatory Commission (CERC) in its latest judgment declined to give any relief to Adani Wind Energy Kutchh One Limited over its delay in the commissioning of its proposed 250 MW wind energy project. The project was slated to come up at Dayapar village in the Bhuj district of Gujarat.  The Adani Group […]

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MG Motor Partners With Adani Gas To Setup EV Charging Stations

Adani Gas inked a memorandum of understanding (MoU) with MG Motor India regarding electric vehicle (EV) charging infrastructure under which ATEL plans to install CC2 60 kW DC chargers at future MG dealerships. It plans to additionally offer “a comprehensive solution encompassing supply, installation, commissioning, operations, and maintenance of charging infrastructure.” According to the statement, […]

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Adani Green Races Past 10 GW Operational Milestone In March’24

With a string of plants being operationalised all through March last month, Adani Green Energy Limited (AGEL)has surpassed 10,000 megawatts (MW) of a completely green operational portfolio. AGEL’s operational portfolio consists of 7,393 MW solar, 1,401 MW wind and 2,140 MW wind-solar hybrid capacity. The milestone is a key landmark for AGEL’s  goal of 45,000 […]

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Adani Green Operationalises 1 GW Of Solar Projects At Khavda Within 24 Hours

In two back to back filings at the Bombay Stock Exchange (BSE), Adani Green Energy Limited has announced the operationalisation of two traches of solar projects at Khavda Gujarat. While one involved a group of projects adding upto 775 MW, the other filing pertained to a further 212 MW of projects operationalised. The announcements follow […]

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Adani Electricty Plans To Install 8,500 EV Charges In Mumbai Societies

Adani Electricity Mumbai Ltd has announced that it has plans to install 8,500 chargers for electric vehicles (EVs) across apartment societies in Mumbai, reported news agency PTI. The Adani group company said it has launched what it calls the “share charge” initiative under which multiple EV owners can charge their vehicles, as was reported by […]

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