Adani Enterprises Adani Green

Adani Green has denied media reports claiming Adani executives were charged with bribery and corruption, clarifying that the charges relate to wire and securities fraud

In the past one week, the market price of Adani Green Energy and Adani Energy Solutions tanked 37 per cent and 32 per cent, respectively.

Group CFO Jugeshinder Singh sought to defend allegations saying none of Adani's 11 public companies 'are subject to indictment' or 'are accused of any wrongdoing in the said legal filing'

AGEL's plans to increase its capacity more than five-fold to 50 GW by 2030

Inquiry centres around allegations that Adani Green Energy Ltd did not adequately disclose the US Justice Department's investigation into bribery claims

Stock Market Highlights: Benchmark Indian equity indices, the BSE Sensex and NSE Nifty50, settled higher by over 2 per cent each on Friday.

Stock Market Highlights: 37 of the Nifty50's 50 constituent stocks ended in the red, dragged by Adani Enterprises, Adani Ports, SBI Life, SBI, and NTPC, with losses of up to 23.44 per cent

Investors were seeking higher yields due to broader market uncertainty related to the US presidential elections and domestic political risks which could impact the bond issuers' repayment ability

Shares of Adani Energy Solutions, Adani Ports, Adani Enterprises, Adani Power, Adani Green Energy, Adani Total Gas, Adani Wilmar and Ambuja Cements were up in the range of 2 to 6 per cent.

Shares of Adani Energy Solutions Ltd (AESL) at last trading session on Wednesday jumped 3.8 per cent despite the flattish markets, as the street is expecting strong inflows by the end of August from the inclusion in the MSCI Indexinflows of USD 250 million according to brokerage houses. On Tuesday MSCI announced that it has lifted Embargo' on Adani Group stocks, which means the stock is eligible for inclusion in the MSCI India Index, after removing the group company last year in late January 2023, due to uncertainty over free-float. Lifting this restriction means that any recent changes in free float plus equity raises are eligible for inclusion. Furthermore, stocks that were excluded can be included again. Earlier in August, Adani group's power transmission, distribution and smart metering company completed a USD 1 billion QIP, which has led to a significant increase in the company's free float. Adani Enterprises, another group company has also proposed fundraising of nearly USD 2

The flagship's stock rose 1.7% to 3,445.05 in Mumbai on Friday and has now almost tripled since its nadir in February 2023

Adani Green Energy Ltd on Wednesday said it has commissioned 2,000 MW of solar capacity at the giant Khavda solar park in Gujarat that has made it the first company in India with over 10,000 MW of renewable energy capacity. The company now has an operating portfolio of 10,934 MW, largest in India. It has brought 2,848 MW renewables capacity on stream in FY24, according to a company statement. AGEL's operational portfolio consists of 7,393 MW solar, 1,401 MW wind and 2,140 MW wind-solar hybrid capacity. The firm is aiming for 45 GW renewable energy by 2030. AGEL's 10,934 MW operational portfolio will power more than 5.8 million homes and avoid about 21 million tonnes of CO2 emissions annually, the statement said. "We are proud to be India's first das hazari in the renewables space," said Gautam Adani, Chairman of the Adani Group. "In less than a decade, Adani Green Energy has not just envisioned a greener future but has actualised it, growing from a mere idea to explore clean en

Adani Green and associated firms raised $409 million this month in the conglomerate's first debt sale since a damaging short-seller report last year

Adani Green Energy on Wednesday said it has operationalized a 180-MW solar power plant at Devikot in Jaisalmer, Rajasthan. The plant has a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI), Adani Green Energy Ltd (AGEL), India's largest renewable energy company, said in a statement. 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. The 180-MW solar plant in Rajasthan will produce approximately 540 million electricity units annually, powering over 1.1 lakh homes and reducing around 0.39 million tonnes of CO2 emissions. Next-generation bifacial solar PV modules and horizontal single-axis solar trackers (HSAT) have been deployed to maximise generation through better efficiency of modules and tracking the sun throughout the day. The plant is equipped with waterless robotic mod

US investigators are digging into whether an Adani entity, or people linked to company including Gautam Adani, were involved in paying officials in India for favorable treatment on an energy project

Adani Green Energy Ltd delivered 1,000 Mw in less than 12 months of starting work at Khavda. This involved installing about 2.4 million solar modules

This transaction represents the first bond deal for Adani Group since September 2021 and follows the successful equity raise of over $1.4 billion, which was completed in December last year

While Adani stocks have risen more than $90 billion from last year's low, they remain about $60 billion short of their pre-Hindenburg peak

Billionaire Gautam Adani and his family plan to inject Rs 9,350 crore into the conglomerate's green energy arm to equip it to achieve the 45 GW target by 2030, according to a company filing. The investment of Rs 9,350 crore in Adani Green Energy Ltd "will be used for deleveraging and accelerated capital expenditure," the firm said in the filing. The green energy developer already has a Power Purchase Agreement (PPA) tie-up of 19.8 GW (out of 20.6 GW locked in capacity, balance 800 MW being merchant) and land of over 2,00,000 acres (equivalent to over 40 GW of additional capacity) in resource rich areas. The board of the company, which has a goal of 45 gigawatts (GW) of green energy capacity by 2030, approved a preferential issuance of warrants to the promoters for a quantum of Rs 9,350 crore at a price of Rs 1,480.75 per share. The issuance is subject to the approval of regulatory and statutory authorities as well as the shareholders of the company at the Extraordinary General Meet

AGEL is setting up a 2,167 megawatt renewable energy park at Khavda, Gujarat, touted to be the world's largest