Tag Archives: Adani Green Energy

India has reached a major climate milestone by achieving 50 % of its installed power generation capacity from non-fossil fuel sources, five years ahead of its 2030 target under the Paris Agreement, signed in December 2015.As per official sources cited by PTI, non-fossil fuel sources now make up half of India’s total power generation capacity of 484.8 gigawatts (GW). This …

Adani Group stocks rally (AI image) Adani Group stocks today: Adani Group stocks on Monday saw significant gains of up to 14% after reports emerged of meetings between Gautam Adani representatives and US President Donald Trump‘s administration officials. The discussions centred on seeking dismissal of criminal charges in a bribery investigation, as reported by Bloomberg News.The market response saw Adani …

Gautam Adani (File photo) Billionaire Gautam Adani’s official representatives have reportedly met with US President Donald Trump‘s administration officials. According to a Bloomberg News report, the aim of the meeting was to look at a dismissal of criminal charges against Gautam Adani in the foreign bribery investigation.The discussions, which commenced in early 2025, have intensified in recent weeks, with potential …

Adani Enterprises, the group’s primary entity, experienced a 27% reduction in share price this year. Gautam Adani-led Adani Group stocks’ aggregate market capitalisation has declined by 21% in FY25 compared to the previous year, amidst market fluctuations and regulatory scrutiny. A total of Rs 3.4 lakh crore have been wiped out in market cap. Adani Green Energy stocks have faced …

NEW DELHI: Adani Green Energy has pulled out of two proposed wind power projects and linked transmission lines, which would have seen a total investment of about $1 billion, in Sri Lanka after Colombo sought to trim the tariff.The company wrote to Sri Lanka’s Board of Investment on Wednesday to convey its decision. “Adani Green Energy has conveyed its board’s …

NEW DELHI: ONGC-NTPC Green Pvt Ltd, an equal joint venture between ONGC Green Ltd and NTPC Green Energy Ltd, on Wednesday signed a share purchase agreement (SPA) to acquire Ayana Renewable Power Pvt Ltd at an enterprise value of $2.3 billion.This is the second-largest acquisition in the renewable space after the Adani Green Energy Ltd’s acquisition of SB Energy from …

NEW DELHI: Adani Green Energy Ltd (AGEL) on Thursday posted over 85 per cent rise in consolidated net profit to Rs 474 crore for December quarter on the back of higher revenues from power supply. The company had logged a net profit of Rs 256 crore in the year-ago period, according to a BSE filing. Revenue from power supply rose …