Adani Green Energy Q1 Results: Strong Revenue Growth, Profit Stumbles Updated On Wed, Aug 3rd, 2022 by Saurenergy Adani Green Energy Limited has announced it’s results for Q1, FY 23. The firm has reported net sales at Rs 1,701.00 crore in June 2022, up 57% from Rs. 1079 crore in June 2021. On a QoQ basis, vis a vis March 2022, sales have moved up from Rs 1587 crores in March, just over […] Read more
Adani Group Will Invest $70 bn In Green Energy To Build Atmanirbhar Bharat Updated On Wed, Jul 27th, 2022 by Saurenergy Adani Group Chairman Gautam Adani has said that the company will invest $70 billion in green energy transition and infrastructure projects, calling upon the shareholders to “reshape India’s energy footprint for an Atmanirbhar Bharat”. Addressing the annual shareholders’ meeting of Adani Enterprises, the flagship company of the group, he said, “The best evidence which showcased […] Read more
Rajasthan And NTPC Sign MoU To Develop 10 GW Renewable Energy Park In State Updated On Mon, Jul 4th, 2022 by Saurenergy NTPC Renewable Energy Ltd (NREL) and Rajasthan Government signed on July 1 an MoU for a 10 GW ultra mega Renewable Energy Power Parks (UMREPP) to be developed in Rajasthan. The MoU was signed at a ceremony held on Friday in the presence of Rajasthan Energy Minister Bhanwar Singh Bhati. Since it was formed on […] Read more
India’s Renewable Energy Auctions To Retain Interest Of Large Developers-IEEFA Updated On Wed, Jun 22nd, 2022 by Saurenergy A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) says that large developers in the renewable energy sector have enough options to boost returns even as challenges mount and will fight aggressively in the various auctions scheduled in 2022 in India. The report comes even as the industry is going through […] Read more
Unfazed By Protests, Adani Will Expand Energy Footprint In Lanka Updated On Tue, Jun 21st, 2022 by Saurenergy Unfazed by the political storm over recent off-the-cuff remarks by MMC Ferdinando, the former Chairman of Ceylon Electricity Board, a couple of weeks ago, Adani Group has set its sights on further expanding its operations in Sri Lanka through Adani Green Energy Limited (AGEL). The expansion plan entails setting up strategic projects that include about […] Read more
CERC Orders Grant Of Transmission Licence To Adani Transmission Updated On Fri, Jun 17th, 2022 by Saurenergy Central Electricity Regulatory Commission (CERC) ordered on June 16 the grant of transmission licence to Khavda-Bhuj Transmission Limited subject to fulfillment of 14 conditions under the monitoring eyes of Central Electricity Authority which will bring to the notice of the Commission any lapse on the part of the licensee. Owned by Adani Transmission, Khavda-Bhuj Transmission […] Read more
Total Energies Joins Adani Enterprises To Build ‘Largest Green Hydrogen Ecosystem’ Updated On Tue, Jun 14th, 2022 by Saurenergy Adani, India’s fastest-growing diversified business portfolio, and energy supermajor TotalEnergies of France, have entered into a new partnership to jointly create the world’s largest green hydrogen ecosystem. In this strategic alliance, TotalEnergies will acquire 25% minority interest in Adani New Industries Ltd (ANIL) from Adani Enterprises Ltd (AEL). Adani Enterprises is effectively the incubation arm […] Read more
Rajasthan Gives Land To Adani For 1,000 MW Solar Project Updated On Mon, Jun 13th, 2022 by Saurenergy The highest capacity installer in terms of solar power projects considering both installed and pipeline capacity, Rajasthan, continues to build on it smart turnaround since 2019. Chief Minister Ashok Gehlot led cabinet meeting decided to allot government land of a size of almost 2,400 hectares for the development of solar power projects. The solar power […] Read more
Tamil Nadu Generating, Evacuating And Selling Record Wind Energy – says IWPA Updated On Mon, Jun 6th, 2022 by Saurenergy Tamil Nadu is generating and selling wind power which is promoting the cause of renewables. K. Kasthurirangaian, chairman of Indian Wind Power Association (IWPA), has said that Tamil Nadu Transmission Corporation (Tantransco) is doing a good job of evacuating maximum wind energy and the organization should continue the heightened evacuation of wind energy in future […] Read more