Adani Transmission

According to media reports, AESL's $1-billion QIP got strong response and was subscribed over 6 times.

Adani Energy Solutions seeks to garner Rs 12,500 crore via QIP

"The deal will materialise in the next three months and we are seeing strong interest from US insurance companies and pension funds," the company source said

Adani Energy Solutions also said that its arm, Adani Transmission Step-Four, will form a joint venture with UAE-based Esyasoft Holdings to implement smart metering projects

Adani Energy Solutions (AESL), earlier known as Adani Transmission, is planning to raise USD 360 million (around Rs 3,000 crore) through issuing bonds on a private placement basis. "...we are looking for a private placement of USD 360 million of transmission assets which were commissioned in the last three to four years," Rohit Soni, Chief Financial Officer of Adani Energy Solutions, said during an investors call. He further informed that the company is still working if it can get (raise USD 360 million) via bonds early next year and the work is still in progress. He also informed that paperwork (for the bond issue) are underway. Soni also told analysts about the company's plan to raise another USD 1 billion, saying, "we are looking at a billion dollar of raise, so I think we are still working on it, so the time what we have given by year end that still holds good from our perspective." In May this year, the board has approved raising of funds by way of issuance of equities worth

Adani Energy Solutions Ltd has commissioned a 2500 MW green evacuation 400kV system in Tamil Nadu in line with India's decarbonisation efforts

Move comes a week after IHC sold its stake in Adani Green and Adani Transmission

AESL, formerly known as Adani Transmission Ltd, said the project is critical for Mumbai as its existing capacity is not sufficient

A report published by OCCRP has accused Adani Group of routing investments in its publicly traded stocks through "opaque" Mauritius funds. But what is OCCRP, and why is it accusing the Adani Group

Just months after the Hindenburg report led to a sharp sell-off of Adani Group shares in the Indian share market, another report has come up with similar allegations. Here is all you need to know

In a credit report released Thursday, the power-to-port conglomerate said its cash flow generated from business operation and balances stood at 778.9 billion rupees ($9.4 billion) by the end of March

In a credit report released Thursday, the power-to-port conglomerate said its cash flow generated from business operation and balances stood at 778.9 billion rupees ($9.4 billion) by the end of March

Earlier, media reports had claimed that TAQA was evaluating an investment of up to $2.5 billion in the power businesses of Gautam Adani

According to reports, Abu Dhabi National Energy PJSC (TAQA) is looking to double down in India and evaluating a large exposure in the expansive power businesses of Gautam Adani.

TAQA may acquire a stake through a combination of primary infusion and secondary purchase of shares from promoter family entities

Stocks to watch on August 18, 2023: The Rekha Jhunjhunwala backed IPO, Concord Biotech, is set to debut on the bourses today at 10-15 per cent premium to its issue price.

The credit facility is part of a $ 700 million revolving project finance facility tied up in October 2021 for its under-construction transmission assets portfolio

The retail connect vertical will comprise existing distribution, smart metering, cooling systems, parallel distribution licenses, and energy solutions

The company reported double-digit growth in revenue, while other income slipped significantly

As compared to Rs 389.45 crore in the quarter that ended on March 31, the net profit was down 55 per cent