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Green Energy

Adani Green Energy Planning 800 MW RE Projects

Adani Green Energy plans to add over 800 MW of renewable energy projects in the current financial year and 3300 MW in two more years Adani Green Energy (AGEL) plans to add over 800 MW of renewable energy projects in the current financial year and 3300 MW in two more years, the company has announced in a […]

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CAG Calls out West Bengal for Failing to Create Green Energy Fund

West Bengal failed to create a Green Energy Fund under the renewable energy policy of the government, CAG said in its audit report. West Bengal failed to create a Green Energy Fund (GEF) under the renewable energy policy of the government, the CAG has said in its audit report.  The responsibility for creation and management of the energy fund was thrust upon the state’s nodal agency, […]

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CEEW Report on Power Job Growths with Green Energy

A new report has revealed that India’s renewable energy workforce has grown five-fold in the past five years. In 2019, nearly 100,000 workers are employed in the solar and wind industry in the country, up from 19,800 workers in 2014. Of these, 12,400 new workers were employed in FY19 and 30,000 new workers were employed in […]

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AIIB Grants $100 mn to L&T Finance arm for Green Energy Funding

AIIB will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy infrastructure projects in the country. Beijing-headquartered multi-lateral developmental lender Asian Infrastructure Investment Bank (AIIB) recently announced that it will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy (wind and solar power) infrastructure […]

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10 GW RE Capacity Added Under Green Energy Corridor: RK Singh

India has added 10261 MW of renewable energy capacity to its transmission network under the Green Energy Corridor project India has added 10261 MW of renewable energy capacity to its transmission network under the Green Energy Corridor project, Minister of Power and New and Renewable Energy, R K Singh has confirmed in a written response […]

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Green Energy Investments Drop in First Half of 2019: Report

According to a new report, the global investments in green energy projects in the first half of 2019 were $117.6 billion, a drop of 14 percent from the 2018 figure. The first half of 2019 saw a 39 percent drop in green energy investments in the world’s biggest market, China, to $28.8 billion, the lowest […]

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Adani Green Energy Raises Rs 402 crore Through Offer For Sale

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 […]

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Adani Green Energy’s Petition Against PGCIL Dismissed by CERC

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 […]

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Adani Green Energy Offers 8.75 Crore Shares For Sale

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 […]

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