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
Andhra Pradesh And Adani Green Sign 60,000 Cr MoU Updated On Wed, May 25th, 2022 by Saurenergy Andhra Pradesh and Adani Green Energy signed a Memorandum of Understanding (MoU) on May 23 to set up two mega green energy projects at an estimated cost of Rs 60,000 crore in the State. Besides establishing a 3,700 MV hydro storage project, the renewable energy company will also set up a 10,000 MW Solar Power […] Read more
Adani Green (AGEL) Raises $288 Million for Renewable Energy Projects Updated On Tue, Mar 22nd, 2022 by Saurenergy Renewable major Adani Green Energy Ltd (AGEL) has raised $288 million afresh from a group of global lenders through green project loan agreements. The facility has been raised to fund the under-construction renewable asset portfolio of the company. AGEL has said through an official statement that the new loan will help the company to initially […] Read more
Adani Green raises Rs 612 cr to refinance debts pertaining to solar projects Updated On Fri, Feb 4th, 2022 by Saurenergy Adani Green Energy (UP) Ltd, Prayatna Developers Pvt Ltd and Parampujya Solar Energy Pvt Ltd – three subsidiaries of Adani Green Energy Ltd – that collectively house 930 MW of operational solar power projects, have raised Rs 612.30 cr by their maiden domestic bond issuance. This has been done on a private placement basis. The […] Read more
Adani Green’s Q2 Analyst Call Highlights Updated On Tue, Nov 16th, 2021 by Saurenergy Adani Green Energy Limited, the main vehicle leading the group’s green energy push as a developer held it’s analyst call on October 29, shortly after its Q2 results were declared. While the results highlighted the strong growth, as well as the closure of the 5 GW SB Energy deal, starting up of PPA’s under the […] Read more
Adani Green Energy to Acquire 40 MW Operational Solar Asset in Odisha Updated On Thu, Sep 30th, 2021 by Saurenergy Adani Renewable Energy (MH) Limited (AREMHL), a wholly-owned subsidiary of Adani Green Energy Ltd (AGEL), has signed definitive agreements with Essel Green Energy Pvt Ltd to acquire 100% economic value in an SPV that owns a 40 MW operating solar project in Odisha. The company confirms that the project has a long-term Power Purchase Agreement […] Read more
