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Adani

Sri Lanka Investment Board Greenlights $442-mn Adani Green Wind Power Plants

The Board of Investment of Sri Lanka has given its nod to two wind power plants by AGEL (Adani Green Energy Ltd). These entail a cumulative investment of $442 million. As per the statement, the wind power plants that boast of 350 MW of capacity are scheduled for commissioning in two years. They will be […]

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Adani Green Energy Q3 Results- Operational Capacity Up 35%, EBITDA 44%

Embattled Adani group firm, Adani Green Energy Limited has reported its results for the Q3, Fy23. The firm, with a target of 25 GW of renewable assets by 2025, has reported a strong financial Performance, with revenue from power supply increasing by 39% YoY to Rs 3,695 Cr. The firm continued to lead in generation […]

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As Adani Shares Drop, How Will It Impact Group’s Green Plans

Shares of the Adani Group have been ambushed over the past week, dropping upto 40% in some cases. The report on the group by US based short seller Hindenberg research, a firm specialising in short selling shares with detailed public reports on their thesis, has done serious damage, coming as it did just before a […]

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Adani Firm to Acquire 50% Equity in Rajasthan’s Essel Saurya Urja

Adani Renewable Energy Holding Two Ltd has announced that the company will acquire 50 per cent equity in Rajasthan based renewable energy company Essel Saurya Urja Company of Rajasthan Ltd (ESUCRL). The deal has been announced to be for Rs 15 crore from Essel Infraprojects a firm belonging to the troubles Essel Group whose promoters […]

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Adani Electricity Mumbai (AEML) Tender for 1500 MW Renewable Energy

In order to double its renewable share in the present offering to consumers, Adani Electricity Mumbai Limited (AEML) – a DISCOM under Adani Group – has issued a tender for the purchase of 1500 MW of power from grid connected renewable energy plants. Of this, 750 MW will be under greenshoe option. The AEML notification […]

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Adani Solar Launches India’s First Large-Sized Monocrystalline Silicon Ingot

Adani Solar, the Solar PV manufacturing arm of Adani Group, has introduced India’s first large sized monocrystalline silicon ingot. The company has said in its official statement that the new product has been inaugurated by Gautam Adani, Chairman of the Adani Group at its Mundra facility, where it is setting up a  10 GW manufacturing […]

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Adani Green’s 100% Operating Capacity is Now Zero-Waste-to-Landfill Certified

The renewable energy division of the diverse Adani portfolio of companies, Adani Green Energy Ltd (AGEL), has received the Zero Waste to Landfill (ZWL) certification for all of its operational capacity. The certification was provided by Intertek, which looks into assurance, testing, inspection, and certification solutions. Up until FY 22, Intertek conducted a thorough audit […]

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Adani Group Assigns 30,00 TPA Polysilicon Manufacturing Project to EIL

In an interesting move, public sector consulting firm Engineers India Limited (EIL), which has hitherto had a strong presence in the oil, gas and fertiliser sectors, has announced a major deal from the Adani Group for consulting on a 30,000 MTPA Polysilicon facility at Mundra, Gujarat. Mundra is where Adani group is putting together it’s […]

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