GQG reportedly took a 3.4 per cent stake in Adani Enterprises for around 662 million, 4.1 per cent in Adani Ports for USD 640 million, 2.5 per cent in Adani Transmission for USD 230 million, and a 3.5 per cent stake in Adani Green Energy for USD 340 million.
According to the statement released by the Board of Investment of Sri Lanka on Friday, it has issued a letter of approval to Adani Green Energy Limited, for the two wind power plants. Also, the new project will generate 1,500-2,000 new employment opportunities.
The group entities made scheduled coupon payments on outstanding US dollar-denominated bonds on Thursday, according to Reuters' source with direct knowledge of the conglomerate's strategy.
On Wednesday morning, shares of Adani Enterprises, the flagship firm of the group, fell 3.02 per cent to Rs 2,880.20 apiece on the BSE. In a span of five days, the shares were down 15 per cent.
Adani Green declined 3.82 per cent to Rs 1,177.15 apiece and the shares had fallen about 38 per ce
Adani Green Energy said this increase in the sale of energy was backed by 150 MW commissioned in Rajasthan in November 2022 and 140 basis points improvement in capacity utilisation factor (CUF).
New Delhi [India], September 15 (ANI/Mediawire): In the aftermath of the COVID-19 pandemic, it has become more important than ever to strengthen the resilience of corporate supply chains. Globally, there is a need to diversify supply chains in the medium-to-long term and identify the opportu
New Delhi [India], August 18 (ANI): Adani Green Energy on Thursday said it has received provisional approval for some green energy projects in Sri Lanka but it is yet to sign any definitive agreement.
Ahmedabad (Gujarat) [India], August 2 (ANI): Adani Green Energy Ltd (AGEL), the renewable energy arm of the diversified Adani Group, on Tuesday said its cash profit surged by 48 per cent year-on-year to Rs 680 crore for the quarter ended June 30, 2022.
New Delhi [India], July 26 (ANI): India has accelerated its renewable energy footprint despite the Covid pandemic and the energy crisis and the country has done so at a time when several developed nations have paused their pursuit of renewable energy goals, Chairman Gautam Adani told shareho