Tags: Gautam Adani

Indian economy will grow 10 times, produce cheapest power from renewable sources: Adani

Billionaire Gautam Adani on Wednesday said India is at a dramatic inflexion point from where its economy will grow to ten times by 2050 with the nation having several trillion-dollar companies and cheapest power from renewable energy. In his talk on ‘Incredible India and the opportunities ahead for India’ at the TiE Global Summit, Adani […]

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AGEL transfers 205 MW operating solar assets to its JV with TOTAL

Adani Green Energy Limited (AGEL) and TOTAL SA (TOTAL) had formed a 50:50 JV for 2,148 MW solar power assets in India, which was setup at an enterprise valuation of INR 17,385 Cr in April 2020. The JV has today completed another acquisition as per JV agreement, by way of transfer of 205 MW of […]

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We have headroom to dilute 10-15 per cent stake in Adani Green Energy: Gautam Adani

After French energy major Total SA, more foreign investors have shown interest in partnering Adani group in its renewable energy business, its chairman Gautam Adani said on Tuesday. In April, Total invested around Rs 3,707 crore for 50 per cent partnership with Adani Green Energy for a joint venture that will house 2.148 gigawatts (GW) […]

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Here is what we know about Adani Green Energy’s largest solar poject

Adani Green Energy Limited (AGEL) has bagged first of its kind manufacturing linked solar agreement from the Solar Energy Corporation of India (SECI). Here we bring you few things that you should know about the largest solar project. Adani Green Energy Limited will develop 8 GW of solar projects along with a commitment that will […]

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Here is what billionaire Gautam Adani sees COVID 19 as

Billionaire Gautam Adani recently said COVID-19 had an immediate economic impact but the pandemic presents an opportunity to design a new and faster transition to a low-carbon future as he expects the price of solar modules to drop further.  Adani in a Linkedin post said the urgency of a green revolution in the energy sector […]

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Gautam Adani’s group aims to become world’s largest solar power company by 2025

Gautam Adani on Wednesday said his group is aiming to become the world’s largest solar power company by 2025 and the biggest renewable energy firm‎ by 2030. In a Linkedin post, the Adani Group chairman said the age of renewable energy has dawned upon the world faster than most could have anticipated. “Our vision is […]

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Adani Green’s USD 362-mn bonds issue attracts global interest

Gautam Adani’s renewable energy firm Adani Green’s USD 362.5 million (about Rs 2,570 crore)bonds issue attracted interest of investors worldwide, the company said on Monday. This was the first ever deal from India to use an amortizing project finance type structure, giving foreign investors a chance to buy investment-grade bonds from India’s renewable energy sector. […]

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Adani Green Energy raises Rs 402 crore through offer for sale

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 […]

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Adani Group to invest Rs 55,000 cr in Gujarat projects in next five years

Gautam Adani on Friday announced over Rs 55,000 crore investment in next five years in a clutch of projects in Gujarat including the world’s largest solar park, a copper plant, a cement unit, and a lithium battery manufacturing complex. Adani Group, which operates Mundra port in the state, had on Thursday announced plans to foray […]

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Adani Group to invest Rs 70,000 cr to build renewable energy powered data centre in AP

In a development that will boost the country’s technology infrastructure and vitalize the concept of green data centers, the Government of Andhra Pradesh (GoAP) on Wednesday signed a MoU with the Adani Group to build Data Center Parks up to 5 GW capacities in and around Visakhapatnam over the next 20 years. This ambitious project […]

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