The Gujarat-based company's debt-to-equity ratio is only behind China's Datang Huayin Electric Power Co., which has a ratio of 2,452%, among 892 listed companies in Asia, according to Bloomberg data
Adani Green Energy was issued provisional approvals for two wind power projects in northern province for an investment of over $ 500 million, Sri Lanka's Energy Minister Kanchana Wijesekara announced
Share of thermal energy for manufacturing companies almost 95%
Will also embrace green fuels, industrial energy efficiency
CLOSING BELL: All sectors, except IT and Financial Services, witnessed selling pressure today, led by auto, pharma, and public sector banks
Stocks to Watch today: Uber has decided to put its entire 7.8 per cent stake in Zomato on the block, according to sources.
Adani Green Energy Limited (AGEL) on Tuesday posted a fall of over 2 per cent in consolidated net profit at Rs 214 crore in the April-June quarter of FY23, due to higher expenses. The consolidated net profit of the company in the year-ago period was at Rs 219 crore, according to a regulatory filing. The company's total income rose to Rs 1,701 crore in the first quarter of the current fiscal. It was at Rs 1,079 crore in the same period last year. The expenses stood at Rs 1,425 crore during the quarter under review compared to Rs 898 crore in the preceding fiscal. In a separate statement, Vneet S Jaain, MD & CEO, AGEL, said: "With deployment of latest technologies and analytics driven O&M, AGEL's solar and wind portfolio performance has continued to improve. We are further proud of our teams that have enabled commissioning of India's first solar-wind hybrid capacity of 390 MW at Jaisalmer, Rajasthan with more such projects in pipeline." During the April-June quarter, the company
The new guidelines expanding consumer choices to green energy will remain subject to the uncertainties and quirks of state policy
Unlisted firm Tata Power Renewables Energy plans to raise Rs 6,000 cr; Both Blackrock and Mubadala had invested $525 million this April for 10.5% stake
The Group said it has participated in the 5G spectrum auction to provide private network solutions along with enhanced cyber security in the airport, ports & logistics and other businesses
Under the MoU signed with CEB, Adani Green is conducting a feasibility study for wind power projects, according to the report
The combined m-cap of the six Adani Group companies is up 39 per cent year-to-date to Rs 13.38 trillion on Thursday
Adani came forward to set up these plants at a cost of Rs 15,376 crore in four phases and provide employment to 4,000 people, according to the Chief Minister's Office
In a boost to the green energy sector in Andhra Pradesh has cleared pump storage projects proposed by Adani Green Energy with a total capacity of 3,700 MW
Stocks to watch today: Dhanlaxmi bank saw no outcome or resolution in their EGM meeting; Media stocks are expected to hog limelight ahead of day 2 of IPL's media rights auction.
MSCI published additions and deletions to its global indexes last month but the announcement didn't detail changes to the weightings of individual stocks in its indexes
Stocks to watch: Crude oil-related stocks will hog the limelight today as Brent crude has surged past $120/barrel-mark
In the past one month, Nifty Next 50 index was down 14%, as compared to 7% decline in the Nifty 50 index.
Abu Dhabi's IHC has made the Investment via the preferential allotment route
IHC has made the Investment via the preferential allotment route