Page 7 - Adani Green Energy

Power firms see industrial data centres as new-age demand drivers

Electricity consumption of such units is more than that of a small village

Adani Green now 95th largest Indian co in terms of m-cap; up 114% in 2 mth

A sharp gain in the market price pushed the consumer electronics company in the list of top 100 Indian companies with the highest market capitalisation (m-cap).

Adani Green hits life-time high on commissioning of wind power project

The commercial sale of power from the Project to Maharashtra State Electricity Distribution Company is expected to commence w.e.f. 1st January 2020

Adani Renewable Energy commissions 75-Mw power project in Gujarat

The company said the project, which has a power purchase agreement with the Maharashtra government

Adani Green hits upper circuit for 3rd straight day, zooms 272% in 2019

In H1FY20 (April-September), the group won bids for 130 MW wind and 600 MW Hybrid.

Adani Green locked in 5% upper circuit; stock hits fresh record high

In the past three months, the stock has zoomed 173 per cent from the level of Rs 52 on the BSE

Adani Green Energy hits new high; zooms 120% in two months

Earlier this month, rating agency India Ratings and Research (Ind-Ra) had affirmed AGEL's long-term issuer rating at 'IND A' with a stable outlook.

Solar manufacturing tender finally receives bids after a dozen extensions

Adani and Azure Power commit double the capacity offered; new entrant Navyug Power submits bid similar to Azure

Adani Green commissions 50-megawatt wind energy capacity in Gujarat

The company through its subsidiaries is implementing 725 MW wind projects in Kutch

This Adani Group stock has doubled your money in six weeks

In the past six weeks, Adani Green Energy has zoomed 107 per cent from level of Rs 44.95 on September 5. In comparison, the S&P BSE Sensex has gained 6 per cent during this period

Adani Green hits 52-week high in weak market, stock zooms 53% in one month

AGEL, a subsidiary of the Adani Group and one of the largest renewable power generation companies in India, on Friday said it has raised $362.5 million through a dollar bond issuance.

Adani Group firm raises $362.50 million through 20-year green bonds

Funds will be used to retire foreign currency and rupee loans; balance will go towards capex and other purposes

Adani Green Energy hits 52-week high, surges 15% on heavy volumes

In the past 10 trading days, the stock of Adani Group Company has rallied 35 per cent after the firm signed a definitive agreement for the acquisition of 205 MW operating solar assets of Essel Group.

Adani Green surges 10% as it inks pact with Essel Infra to buy solar assets

The company announced it will acquire Essel Infra's 205 megawatt (Mw) of solar assets for Rs 1,300 crore.

Essel Infra to sell solar assets to Adani Green Energy for Rs 1,300 crore

The sale of solar assets is expected to further reduce promoter debt for the group, which was at Rs 6,776 crore

Adani Green Energy offloads 6% stake, raises Rs 402 cr capital

Adani Green Energy Friday said 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 per cent of the equity should be held by public. Therefore, the company came up with offer for sale (OFS) to offload equity shares. Gautam S Adani & Priti G Adani (on behalf of Gautam S Adani Family Trust) and Gautam S Adani & Rajesh S Adani (on behalf of S B Adani Family Trust) sold 9,35,84,300 shares (cumulatively representing 5.98 per cent of paid-up equity share capital) via an OFS, as per a BSE filing. The floor price for OFS was Rs 43 per equity share. Prior to the OFS, the promoters held 80.90 per cent equity, which was reduced to 74.92 per cent after the transaction concluded Thursday. The OFS opened on June 12, 2019.

Adani Green Energy first to issue $500 mn Green Bonds on India INX

Firm raised the funds at a coupon of 6.25 per cent in an overseas debt sale which was oversubscribed three times

Adani Green Energy acquires remaining 51% stake in Kodangal Solar Parks

AGE already held 49 per cent stake in KSPPL. KSPPL was incorporated in August 2015 and has set up 20 MWac solar power project at Bagewadi, Karnataka

Tender for solar power project of 300 MW has been annulled by SECI: AGEL

Earlier this month the SECI had reportedly cancelled the tenders for 2,400 MW capacities out of 3,000 MW went under the hammer in July 2018

Adani Green Energy gets shareholders' nod to raise Rs 50 billion

The shareholders also approved a proposal to increase the Authorised Share Capital to Rs 25 billion divided into 2.5 billion equity shares of Rs 10 each