CERC Allows Adani Subsidiary Compensation For ‘Change of Law’ Events Updated On Tue, Nov 21st, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, allowed compensation to Mahoba Solar (UP) Private Limited MSUPL) a subsidiary of Adani Green. The central commission allowed the compensation on account of ‘change of law’ events. These include the imposition of increased safeguard duty on the imports of solar cells and modules and the […] Read more
Adani Discom Used RE Energy To Power Mumbai During Diwali Updated On Tue, Nov 14th, 2023 by Saurenergy Adani Electricity, the local power utility in Mumbai has delivered a green gift of sorts on Diwali to the financial capital. The firm says that it met the electricity demand of the territory in the metropolitan city it serves with renewable energy for a continuous four hours on Diwali. This was done during the Diwali […] Read more
India’s Top Ten Solar Module Manufacturers Updated On Fri, Nov 10th, 2023 by Saurenergy A recent announcement by the All India Solar Manufacturers Association (AISMA) has put the spotlight on India’s surging manufacturing capacity, which has crossed the 60 GW mark recently. Highlighting the details, the association showcased that 27 of the almost 100 manufacturers account for 50 GW of installed capacity now, even as significant fresh capacities are […] Read more
Adani Green Bets High On Khavda To Boost Its RE Capacity Updated On Tue, Nov 7th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), which has aimed to deliver 45 Gigawatt (GW) of renewable energy by 2030, has planned to use the vast opportunities at Khavda Solar Park in Gujarat to bolster its capacity. The firm, in its latest investor call, talked about its likely capacity boost plans. The management said it has deployed a […] Read more
India’s Solar Module Manufacturing Capacity To Touch 60GW: Report Updated On Tue, Nov 7th, 2023 by Saurenergy A latest report from rating agency ICRA claimed that Indian solar module manufacturing could rise up to 60 Gigawatt (GW) by 2025. This is in contrast to the country’s current capacity of around 37 GW. The boost in the local solar module, as per the report, is likely due to the increased backward integration of […] Read more
CERC Denies Granting ‘Change Of Law’ Benefits To Adani Green Updated On Mon, Nov 6th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, declined to give relief to Adani Green on ‘Change of Law’ events on procedural issues. It came after Adani Green, who was a respondent in a petition filed by the Solar Energy Corporation of India (SECI). The Petition was related to the adoption of tariffs. The Petition […] Read more
Cement Firm & Adani Foundation Install 20 HP Solar Lift Irrigation Systems Updated On Thu, Nov 2nd, 2023 by Saurenergy ACC, the cement and building material firm of the diversified Adani Group has installed 20 HP solar lift irrigation systems, covering a total area of 55-60 acres in the Bohardhi village, Bilaspur. The primary objective of this project aims to address the water scarcity issue faced by marginal farmers, providing them with a reliable source […] Read more
Adani Solar Planning A Complete Ecosystem For Solar Module Manufacturing: Rahul Bhutiani Updated On Wed, Nov 1st, 2023 by Saurenergy How do you plan to boost solar module manufacturing in India? Solar manufacturing in India has been evolving. Slowly, Adani Solar has focussed and moved forward to become a fully integrated solar manufacturer. Today, we have module and cell manufacturing facilities. For the first time in India, we introduced manufacturing ingots and wafers. It ensured […] Read more
Adani Green Reports 58% Spike In EBITDA On YoY Basis Updated On Mon, Oct 30th, 2023 by Saurenergy Adani Green Energy Limited (AGEL) in its latest filing before the Bombay Stock Exchange (BSE) said that it reported a 7.69 percent rise in its Profit After Tax (PAT) in the latest quarter ending September 30, 2023, compared to its last quarter. As per the details of the unaudited consolidated financial results, the renewable energy […] Read more