Adani Green becomes India's first company to cross 10,000 MW mark for operational capacity
"We are proud to be India’s first das hazari in the renewables space,” said Gautam Adani, Chairman of the Adani Group.
"We are proud to be India’s first das hazari in the renewables space,” said Gautam Adani, Chairman of the Adani Group.
The Rs 10,000 crore plant helped India join China and other nations that are rapidly expanding production of copper, a metal crucial for transition away from fossil fuels
Adani Green Energy through its various wholly-owned stepdown subsidiaries has operationalised an aggregate 775 MW solar power projects at Khavda, Gujarat, it said.
The unit of India’s ports-to-power conglomerate is discussing the planned transaction with a group of global lenders, the people said, asking not to be identified because the details are private.
The company “states that it has not received any notice from the Department of Justice of US in respect of the allegation referred to in the said article.
A note from unit Adani Ports & Special Economic Zone Ltd. due in 2041 slid 2.4 cents, the most since August, to 79.1 cents. Another bond from subsidiary Adani Renewable Energy RJ Ltd. due 2039 fell 2.3 cents to 83 cents, the worst drop since February 2023.
The projected capital expenditure or capex for 2024-25 (April 2024 to March 2025) fiscal is 40 per cent higher than what the portfolio is estimated to have incurred in FY24.
The regulator's order will give some relief to lower-end consumers, and the tariff hikes will be over 50 per cent as well. The revisions are for FY25, and effective from April 1.
Adani Green Energy priced a $409 million 18-year bond after receiving nearly $3 billion of demand for it, said the sources, who have direct knowledge of the deal.
Issuing the dollar security would give Adani its latest boost, after it won fresh equity backing from investors including GQG Partners LLC last year and successfully refinanced $3.5 billion worth of debt for the acquisition of cement companies.
During the inaugural session of the Regional Industry Conclave in Ujjain, Adani detailed the conglomerate's commitment to infuse nearly ₹75,000 crore across various sectors in Madhya Pradesh.