Adani Power

Billionaire Gautam Adani's ports to power conglomerate added over Rs 45,200 crore in market capitalisation in a single day on Friday as shares of all 10 listed group firms surged after global investors showed renewed interest in the group.

Shares of Adani Power climbed over 2 per cent on Thursday after US-based boutique investment firm GQG Partners along with other investors bought an 8.1 per cent stake in the company for over Rs 9,000 crore (USD 1.1 billion).

Adani Energy Solutions Limited (AESL) on Monday announced it was successful in the financial closure for its $1 billion green HVDC (high-voltage direct current) link project.

Adani Power Ltd (APL) today posted an 83.3 per cent jump in its consolidated net profit to Rs 8,759.42 crore for the April-June quarter on account of higher income.

Adani Group Chairman Gautam Adani today met Bangladesh Prime Minister Sheikh Hasina on full load commencement and handover of the 1,600 MW ultra super critical Godda power plant.

Adani Power has started exporting power to Bangladesh from its 1,600MW plant in Jharkhand's Godda.

The renewable energy project to generate 500 MW in Sri Lanka's north and eastern regions undertaken by India's Adani Group will be completed by December next year, Energy Minister Kanchana Wijesekara has said.

Indian shares advanced on Tuesday, powered by information technology and Adani group of stocks, even as markets kept an eye on the U.S. debt ceiling talks.

Adani Power has posted a consolidated net profit (profit after tax) of Rs 5,242 crore for the January-March 2023 quarter, an increase of 12.9 per cent, the company statement said.

Billionaire Gautam Adani's clean energy unit reported fourth-quarter profits surged as the conglomerate prioritizes renewable power amid its response to the impact of Hindenburg Research's explosive report.

Adani Electricity Mumbai Limited (AEML), which is part of billionaire Gautam Adani's group, has topped the centre's ranking for power distributors for overall governance, the company said today.

As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is currently going through insolvency resolution process.

The wind power plant in Mannar will operate at a capacity of 250 MW (megawatt) while the wind power plant in Pooneryn will operate at a capacity of 100 MW.

Cash-strapped Sri Lanka on Thursday announced its first major foreign investment since it declared bankruptcy, approving a $442 million wind power project by the scandal-hit Adani group.

In August 2022, Adani Power agreed to take control of DB Power at an enterprise value of Rs 70.2 billion.

Billionaire Gautam Adani's ports to power conglomerate added over Rs 45,200 crore in market capitalisation in a single day on Friday as shares of all 10 listed group firms surged after global investors showed renewed interest in the group.

Shares of Adani Power climbed over 2 per cent on Thursday after US-based boutique investment firm GQG Partners along with other investors bought an 8.1 per cent stake in the company for over Rs 9,000 crore (USD 1.1 billion).

Adani Energy Solutions Limited (AESL) on Monday announced it was successful in the financial closure for its $1 billion green HVDC (high-voltage direct current) link project.

Adani Power Ltd (APL) today posted an 83.3 per cent jump in its consolidated net profit to Rs 8,759.42 crore for the April-June quarter on account of higher income.

Adani Group Chairman Gautam Adani today met Bangladesh Prime Minister Sheikh Hasina on full load commencement and handover of the 1,600 MW ultra super critical Godda power plant.

Adani Power has started exporting power to Bangladesh from its 1,600MW plant in Jharkhand's Godda.

The renewable energy project to generate 500 MW in Sri Lanka's north and eastern regions undertaken by India's Adani Group will be completed by December next year, Energy Minister Kanchana Wijesekara has said.

Indian shares advanced on Tuesday, powered by information technology and Adani group of stocks, even as markets kept an eye on the U.S. debt ceiling talks.

Adani Power has posted a consolidated net profit (profit after tax) of Rs 5,242 crore for the January-March 2023 quarter, an increase of 12.9 per cent, the company statement said.

Billionaire Gautam Adani's clean energy unit reported fourth-quarter profits surged as the conglomerate prioritizes renewable power amid its response to the impact of Hindenburg Research's explosive report.

Adani Electricity Mumbai Limited (AEML), which is part of billionaire Gautam Adani's group, has topped the centre's ranking for power distributors for overall governance, the company said today.

As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is currently going through insolvency resolution process.

The wind power plant in Mannar will operate at a capacity of 250 MW (megawatt) while the wind power plant in Pooneryn will operate at a capacity of 100 MW.

Cash-strapped Sri Lanka on Thursday announced its first major foreign investment since it declared bankruptcy, approving a $442 million wind power project by the scandal-hit Adani group.

In August 2022, Adani Power agreed to take control of DB Power at an enterprise value of Rs 70.2 billion.