Page 4 - Adani Green Energy

Turnaround stories: These 25 firms swung to profit in the December quarter

Stocks of 18 of these 25 firms managed to outperform the S&P BSE Sensex on a year-to-date (YTD) basis

Adani wins 3 Gw in 5 projects at Andhra Solar auction, NTPC gets 600 Mw

Lowest bid discovered at Rs 2.47/unit for 6.4 Gw tender

Adani Green Energy posts Rs 41.36 cr net profit in December quarter

Adani Green Energy on Wednesday posted a consolidated net profit of Rs 41.36 crore in the December quarter mainly on the back of higher revenues. The consolidated net loss of the firm was Rs 128.46 crore in the quarter ended on December 31, 2019, a regulatory filing said. Total income of the company for the quarter under review rose to Rs 842.91 crore from Rs 523.20 crore in the year-ago period. "Over the past year we have accelerated our commitment to the Renewable Energy Space based on the new data that has become available. I fundamentally believe that the targets of renewable power will continue to be raised given the need as well as the affordability," Adani Green Energy Chairman Gautam Adani said. Vneet S Jaain, MD & CEO, Adani Green Energy Ltd said: "AGEL has also continued its rapid capacity building despite the ongoing pandemic adding 700 MW in YTD (year to data) FY21 with commissioning of 475 MW and 225 MW added through inorganic opportunities. This has been possible ...

Adani Green arm commissions 100 MW solar power plant in Jalalabad

Adani Green Energy on Monday said that its arm ASE4PL has commissioned a 100 MW solar power project at Jalalabad in Uttar Pradesh

India's aim of doubling renewable power by 2022 gets foreign backers' boost

For investments to rise more, though, the country may need to fix its ailing power distribution sector

Top headlines: Direct tax compliance may ease, RBI open to digital currency

Business Standard brings you the top headlines of the day

Investors bet big on Adani Green, but risk-reward outlook is open question

Share of AGEL, which is into solar and wind power, jumped over six times in 2020 versus a gain of 10% for the NSE's Nifty 100 Index - the first and only green energy company to do so in India

Adani Green Energy commissions 150 MW solar plant in Kutch, growth at 55%

Adani Green Energy Ltd (AGEL) arm Adani Solar Energy Kutchh One Ltd has commissioned a 150 MW solar plant in Kutchh, Gujarat. The company in a statement said that despite all the challenges of global pandemic COVID-19, unprecedented rain and flood in Kutchh, the team of experts made it possible to commission the project three months prior to its scheduled commissioning date. This plant has a power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL) at Rs 2.67/kWh for a period of 25 years. With this commissioning, AGEL's total operational renewable capacity grows to 3,125 MW. AGEL has total renewable capacity of 14,795 MW, including 11,670 MW awarded and under implementation projects. Gujarat contributes to nearly 13 per cent of the renewable energy production in India. Speaking on the development Vneet S. Jaain, MD & CEO, Adani Green Energy Ltd said, "This is third solar plant commissioned by AGEL over a span of less than a month. The trend demonstrates our sharp ..

Adani Solar Energy commissions 150 MW solar power project in Kutchh

With the commissioning of this project, AGEL now has total renewable capacity of 14,795 MW including 11,670 MW awarded and under implementation projects

Stocks to watch: Mindtree, Maruti, Adani Green, YES Bank, Apollo Hospitals

The promoter of Adani Green Energy, Adani Trading Services LLP, on Monday offloaded shares worth nearly Rs 3,309 crore in the firm

TOTAL France to acquire 20% stake in Adani Green Energy for $2.5 bn

As part of the current deal, TOTAL will pick up a 50 per cent stake in a 2.35 GW portfolio of operating solar assets owned by AGEL and a 20 per cent stake in AGEL for a global investment of $2.5 bn

Adani Green Energy's promoter sells shares worth nearly Rs 3,309 cr

Adani Trading Services LLP, promoter of Adani Green Energy, on Monday offloaded shares worth nearly Rs 3,309 crore in the firm, through open market transactions.

Top headlines: Hike shuts down, China only major economy to grow in 2020

Moody's Analytics believes India will drive Asia Pacific's vaccine delivery, L&T arm wins contract worth up to Rs 5,000 cr from Rail Vikas Nigam

French energy group Total buys 20% stake in India's Adani Green Energy

Total said on Monday that its purchase of the stake in AGEL would give Total a seat on the board of directors of AGEL

Adani Green's promoter sells company's shares worth over Rs 1,840 cr

Adani Trading Services LLP, a promoter entity of Adani Green, on Wednesday sold 2 crore shares of Adani Green Energy Ltd worth over Rs 1,840 through open market transactions.

Adani Green commissions 25 MW solar plant in Uttar Pradesh's Chitrakoot

Adani Green Energy Ltd (AGEL) on Monday said it has commissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh

Stocks to watch: RCFL, Tata Motors, RIL, BEML, Cadila Health, Adani Green

Tata Motors reported a 21 per cent increase in total vehicle sales in the domestic market to 53,430 units in December

Adani Green gets 600-MW wind-solar hybrid power project from SECI

Adani Green said its wholly-owned subsidiary Adani Renewable Energy Holding Eight Ltd has been awarded a 600-megawatt wind-solar hybrid power project

F&O expiry: Sensex ends off-record highs; zooms 16% in 2020; Nifty adds 15%

Investors comforted from Prime Minister Narendra Modi's declaration that India will begin its Covid-19 vaccination programme in 2021

Adani Green gains 4% on commissioning 100-MW solar power plant in Gujarat

The commissioning of project was ahead of its scheduled Commercial Operation Date (COD) according to its 25-year-long Power Purchase Agreement (PPA) with the Gujarat Urja Vikas Nigam India