Adani Green Energy posts Rs 55 cr net profit in March quarter; revenue from power generation up by 8% at Rs 2,065 cr
On a full-year basis, Adani reported narrowing of consolidated net loss at Rs 67.96 crore in 2019-20. In the 2018-19 fiscal, its net loss was Rs 475.05 crore.
Adani Green Energy shares jump 5% after Total SA invests Rs 3,707 cr in solar energy JV with company
Shares of Adani Green Energy gained 5 percent on Wednesday after Total SA said it has invested Rs 3,707 crore in a solar energy joint venture with the domestic firm
French energy firm Total SA on Tuesday said it has invested Rs 3,707 crore to set up 50:50 joint venture with Adani Green Energy Ltd (AGEL) through its step-down subsidiary
Adani Green inks 50:50 joint venture with energy major Total; French firm to invest $510 mn in 2GW solar projects
The transaction underlines the AGEL and Total’s commitment to address India’s growing demand for power in a sustainable manner and help meet India’s climate change goals, the statement said.
Shares of Adani Gas zoomed nearly 8 percent on Friday after the Competition Commission gave approval to the acquisition of 37.4 percent shareholding and joint control by Total Group in the company
Adani Group wins projects across coal, gas, highways in competitive bidding; firm looks to diversify portfolio
In February, Adani Enterprises bid highest pre-passenger fee to the Airport Authority of India over the next 50 years to bag rights for half a dozen airports in the country.
India Inc seeking dollar borrowings as global interest rates soften; lower-rated firms will struggle to secure offshore funds
And among those aiming for dollar-debt are renewable energy firms Adani Green Energy Ltd, Greenko Group and Azure Power, according to people knowledgeable about their plans.
The solar power plant is set up at Kamuthi, Ramanathapuram, in Tamil Nadu with an investment of Rs 4,550 crore