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Shares of Adani Green Energy Ltd rocketed nearly 8% on Thursday following the company’s announcement of a staggering 95% increase in consolidated net profit for the June quarter.

Adani Green energy shares surge after stellar profit report

July 25, 2024, 05:12 PM - 2 min read

Adani Green Energy CEO Amit Singh stated, "Adani Green is well on track to achieve its 2030 capacity target of 50 GW, including at least 5 GW energy storage, in the form of pumped hydro, with sites already secured and clear visibility on evacuation".

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Adani Green Energy's rating upgraded to 'IND AA-'

Adani Green Energy's rating upgraded to 'IND AA-'

May 30, 2024, 01:59 PM - 2 min read

India Ratings and Research (Ind-Ra) on Thursday upgraded Adani Green Energy Limited’s (AGEL) long-term issuer rating to ‘IND AA-’ from ‘IND A+’, saying the company’s outlook is stable.

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Adani Green Energy Ltd is poised to make a significant investment of approximately Rs 2 lakh crore by 2030 to bolster its renewable energy capacities.

Adani Green targets 30 GW capacity surge in Khavda, Gujarat

April 8, 2024, 01:41 PM - 2 min read

"At the Khavda project, touted as the world’s largest renewable energy park, the capacity is projected to reach 6 GW by the end of the current fiscal year" Adani Green’s managing director, Vneet Jaain said.

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In the first collaboration between rival billionaires, Mukesh Ambani's Reliance Industries has picked up a 26 per cent stake in a Madhya Pradesh power project of Gautam Adani, and signed a pact to use the plants' 500 MW of electricity for captive use.

Ambani, Adani collaborate: RIL picks 26% stake in Adani Power project

March 29, 2024, 10:02 AM - 2 min read

Adani aspires to be the world's largest renewable energy producer by 2030 while Reliance is building four gigafactories at Jamnagar in Gujarat -- one each for solar panels, batteries, green hydrogen, and fuel cells.

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Adani Green Energy on Wednesday said it has operationalized a 180-MW solar power plant at Devikot in Jaisalmer, Rajasthan.

Adani Green energy boosts India's solar capacity with 180-MW plant in Rajasthan

March 27, 2024, 12:25 PM - 2 min read

With the successful commissioning of this plant, AGEL's operational solar portfolio has increased to 6,243 MW, and the total operational renewable generation capacity to 9,784 MW, the largest in India, the statement added.

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Mahindra & Mahindra Ltd (M&M) announced on March 21 that it has entered into a memorandum of understanding (MoU) with Adani Total Energies E-Mobility (ATEL), a subsidiary of Adani Total Gas Limited.

M&M partners with Adani total energies E-mobility to expand EV charging infrastructure

March 21, 2024, 02:11 PM - 2 min read

Under the MoU, the two entities will work towards deploying e-mobility solutions that offer seamless access to charging infrastructure, covering aspects such as discovery, availability, navigation, and transactions.

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The Adani Group, a prominent figure in India's infrastructure sector, has set forth an ambitious investment blueprint for the fiscal year 2025.

Adani Group reveals USD 14 billion investment plan for FY25, emphasizing green energy and infrastructure

March 18, 2024, 01:06 PM - 2 min read

   Notably, the conglomerate's ambitious plan includes the development of the world's largest renewable park in Gujarat, covering an expansive area of over 530 square kilometers. In addition, with a portfolio boasting 8 airports, including the upcoming Navi Mumbai airport, and 14 domestic ports, Adani is positioned to solidify its position as a key player in these critical sectors vital for India's economic growth and connectivity.

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Adani Green Energy Limited (AGEL) marked a significant milestone on Thursday as it announced the operationalization of 126 MW of wind power capacity in Gujarat, completing a 300 MW project.

Adani Green energy expands renewable footprint with operationalization of 300 MW wind project in Gujarat

March 14, 2024, 04:22 PM - 2 min read

According to the company's statement, the 300 MW wind project is expected to generate approximately 1,091 million electricity units annually, contributing significantly to the reduction of carbon dioxide emissions. AGEL estimates that the project will help avoid approximately 0.8 million tons of CO2 emissions annually, underlining its commitment to sustainability and environmental stewardship.

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