Adani Green Energy Buys 3 SPVs from Inox Green Energy Updated On Tue, Oct 11th, 2022 by Saurenergy Leading renewable energy company Adani Green Energy has revealed that it has acquired three entities from Inox Green Energy Services Limited (IGESL), a subsidiary of INOX Wind that is a wind power operation and maintenance (O&M) service provider. Each of the three entities holds 50 MW operational wind power projects at Dayapar, Gujarat. The three […] Read more
Adani Green Launches Three Step-Down Subsidiaries in Renewable Segment Updated On Tue, Oct 4th, 2022 by Saurenergy Three new subsidiary businesses for the renewable energy industry have been incorporated by Adani Renewable Energy Holding Four Limited. Adani Renewable Energy Holding Four Limited is its subsidiary, and the recently established firms are its step-down subsidiaries, according to a statement released by Adani Green Energy Ltd (AGEL). “Three brand-new subsidiaries have been incorporated by […] Read more
APTEL Permits Adani Green To Claim Carry Costs Based On Change In Law Interpretation Updated On Thu, Sep 22nd, 2022 by Saurenergy After facing rejections at the Central Electricity Regulatory Commission (CERC) and State Electricity Regulatory Commission’s (SERCs), Adani Green Energy had something to celebrate early this week when the Appellate Tribunal For Electricity (APTEL) permitted their plea for allowing carrying cost pass-through under the “Change in Law” definition of most PPAs. The Tribunal ordered CERC to […] Read more
Adani Green Commissions 325MW Wind Power Plant in Madhya Pradesh Updated On Tue, Sep 20th, 2022 by Saurenergy In Madhya Pradesh’s Dhar area, Adani Green Energy Limited commissioned a 325MW wind energy power plant. With this, Adani Green Energy Limited’s (AGEL) operational generation capacity has increased to 6.1 gigawatts. 324.4MW (325MW) wind power plant in Dhar, Madhya Pradesh, had been inaugurated by Adani Wind Energy MP One Private Ltd (AWEMP1PL), a division of […] Read more
CERC Sees Merit In SECI Plea Against Adani Green For 50 MW Wind Project Delay Updated On Wed, Aug 31st, 2022 by Saurenergy The Petition Adani Green has petitioned Solar Energy Corporation of India Limited (SECI) seeking extension of Scheduled Date of Commissioning (SCoD) of a project from January 3, 2020 to March 5, 2020 without the levy of liquidated damages by the respondent. The second respondent to the petition is Punjab State Power Corporation Limited (PSPCL), the […] Read more
CERC Admits Adani Green Petition On LTA Over Pushback By CTUIL Updated On Wed, Aug 17th, 2022 by Saurenergy SBSR Power Cleantech Eleven Private Limited (SBSR), a subsidiary of Adani Green Energy Limited, has won a minor victory at the Central Electricity Regulatory Commission (CERC), after the commission took the considered view to admit its petition, over the objections of the Central Transmission Utility Of India Limited (CTUIL). The Issue The case refers to […] Read more
Adani Green Earnings Call Q1 FY23: Operational Capacity Growth Up To 5800 MW Updated On Thu, Aug 4th, 2022 by Saurenergy Kev revelations were made during the Q1 FY23 earnings call of the green arm of Adani Enterprises, Adani Green Energy Limited (AGEL). Here is a look at them- Capacity Growth On An Upward Trend The operational capacity growth on YoY basis has shot up by 65% to 5800 MW. This growth has been attributed to […] Read more
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 Green’s Wind-Solar Hybrid Becomes First in India Updated On Mon, May 30th, 2022 by Saurenergy Adani Green Energy Limited (AGEL) has claimed to have commissioned the first ever wind-solar hybrid power generation project in India. In an official statement, Adani Green has announced that its subsidiary Adani Hybrid Energy Jaisalmer One Limited (AHEJOL) has commissioned a 390 MW wind-solar hybrid power plant in Rajasthan. Wind Solar Hybrid projects are widely […] Read more
