Adani Green Arm Wins 130 MW Capacity in SECI’s Tranche-VII Wind Auction Updated On Fri, Jun 21st, 2019 by Saurenergy Adani Green Energy Park (Gujarat) has bagged a 130 MW wind project in the latest auctions held by SECI. Adani Green Energy Park (Gujarat), a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has bagged a 130-megawatt (MW) wind project in the latest auctions held by the Solar Energy Corporation of India (SECI) for the […] Read more
Adani Green Arm Wins 600 MW Hybrid Capacity in SECI Auction Updated On Thu, Jun 20th, 2019 by Saurenergy Adani Green Energy Arm has bagged project capacity worth 600 MW to develop solar-wind hybrid projects in the latest SECI auction. Adani Renewable Energy Park (Gujarat), a wholly-owned subsidiary of Adani Green Energy has bagged project capacity worth 600 MW to develop solar-wind hybrid projects in the latest Solar Energy Corporation of India (SECI) auction. […] Read more
Adani Green Energy Raises Rs 402 crore Through Offer For Sale Updated On Fri, Jun 14th, 2019 by Saurenergy Adani Green Energy has offloaded roughly 6% stake and raises Rs 402 cr capital through OFS Adani Green Energy on Friday said that it has raised around Rs 402 crore through sale of 9.35 crore shares by promoters for maintaining minimum public shareholding norms. Under the norms, at least 25 percent of the equity should […] Read more
Adani Green Energy’s Petition Against PGCIL Dismissed by CERC Updated On Thu, Jun 13th, 2019 by Saurenergy CERC recently heard a petition filed by Adani Green Energy against Power Grid. The Central Electricity Regulatory Commission (CERC) recently heard a petition filed by Adani Green Energy Limited (AGEL) against the Power Grid Corporation of India Limited (PGCIL). The case was about three of Adani’s projects – a 500 MW wind project, 1,000 MW […] Read more
Adani Solar Aiming For 50% Market Share by 2021 Updated On Mon, May 27th, 2019 by Saurenergy Adani Solar, the solar manufacturing arm of the Adani Group has set sights for acquiring 50 percent market share in the next two years, a top company official has confirmed. “As 80 percent of solar panels available in the country are made in China, the company is manufacturing module and panels, which were cheaper and durable, […] Read more
Adani Green Energy Offers 8.75 Crore Shares For Sale Updated On Tue, May 21st, 2019 by Saurenergy Adani Tradeline LLP and Universal Trade and Investment together would offer 8.75 crore equity at an offer price of Rs 43 per piece and the OFS will open for one day on Tuesday, May 21, 2019. Adani Green Energy has issued in a statement that two of its promoters Adani Tradeline LLP and Universal Trade […] Read more
Adani Green Energy Commissions 50 MW Solar Power Project in UP Updated On Tue, May 14th, 2019 by Saurenergy The Company has filed an appeal before the Appellate Tribunal for Electricity (APTEL) challenging reduction in PPA tariff from Rs 8.44/kWh to Rs 5.07/kWh by Uttar Pradesh Electricity Regulatory Commission (UPERC). Adani Green Energy (UP) Limited (AGEUPL), a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has commissioned 50 MW solar power project in the […] Read more
Adani Gets MERC Approval to Initiate Bidding on 700 MW Solar Auction Updated On Thu, Apr 11th, 2019 by Saurenergy The state commission permitted the change after AEML filed a petition seeking the deviation from the standard bidding guidelines. The Maharashtra Electricity Regulatory Commission (MERC) has in its latest order approved Adani Electricity Mumbai Limited’s (AEML) petition to initiate the bidding process for the procurement of 700 MW of solar power. The commission has ordered […] Read more
Adani Begins Solar Panel Retailing in Rajasthan Updated On Wed, Mar 6th, 2019 by Saurenergy The company plans to collaborate with a channel partner for every state to expand its retail footprint across the country. The Adani Group’s solar manufacturing arm has ventured into the retail business of solar panels in the state through channel partner Ahinsa Solar. Chief Marketing Officer of Adani Solar, Prashant Mathur, said the company plans to collaborate with […] Read more