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Mint

Adani Green Energy share are down by -0.09%, Nifty up by 0.53%

Adani Green Energy Share Price Today on 19-09-2024: On the last trading day, Adani Green Energy opened at ₹1948.6 and closed slightly lower at ₹1947. The stock reached a high of ₹1954.7 during the day and dropped to a low of ₹1907.45.

Mint

Adani Green Energy share are down by -0.03%, Nifty up by 0.22%

Adani Green Energy Share Price Today on 18-09-2024: On the last trading day, Adani Green Energy opened at ₹1949.3 and closed at ₹1953.05. The stock reached a high of ₹1964.3 and a low of ₹1926.7 during the day.

The Economic Times

Brokerage Investec begins coverage on Adani Green Energy

The brokerage said that AGEL's growth will primarily be led by its plans for 30GW (gigawatt) and 11GW installations in Khavda, Gujarat and Rajasthan respectively, where it has access to large resource rich land banks along with evacuation facilities. It will take the total production capacity to 50+GW by FY30.

The Economic Times

Adani Green shares may rise up to 30%, says Investec while initiating coverage

Investec predicts that using advanced tech in ideal locations will boost energy production significantly. Combined with a greater focus on selling directly to customers, this should result in a 60% annual profit growth over the next six years.

Mint

Adani Green Energy share are up by 0.91%, Nifty up by 0.07%

Adani Green Energy Share Price Today : On the last trading day, Adani Green Energy opened at ₹1928.6 and closed at ₹1947.55. The stock reached a high of ₹1953 and a low of ₹1886.05, indicating a range of price movement throughout the day.

The Economic Times

Companies pledge Rs 32.5 lakh crore investments by FY30

Indian companies, including Adani Green and Torrent Power, have pledged ₹32.45 lakh crore by FY30 for renewable energy projects. This includes commitments for solar and wind energy capacities, green hydrogen, and electrolyser manufacturing. The announcement was made at the Global RE-Invest Summit in Gandhinagar.

Business Line

Adani Group to invest over $48 billion in green energy push

The power-to-ports conglomerate will infuse the capital in its two companies—Adani Green Energy (AGEL) and Adani New Industries, as per the company’s Shapath Parta (pledge) shared with the Ministry of New & Renewable Energy (MNRE) at the three-day RE-INVEST 2024

The Economic Times

RE-INVEST 2024: Adani Group firms pledge Rs 4.05 lakh cr investment in renewable energy projects

At the 4th Global Renewable Energy Investors Meet & Expo (RE-INVEST) 2024, the Adani Group announced a significant investment of ₹4,05,800 crore in renewable energy projects, including solar, wind, and green hydrogen. Adani Green Energy Ltd (AGEL) pledged to achieve 50 GW of renewable energy capacity by 2030, up from its current 11.2 GW.

Mint

Adani Green Energy share are up by 6.36%, Nifty up by 0.13%

Adani Green Energy Share Price Today : On the last trading day, Adani Green Energy opened at ₹1851.95 and closed at ₹1901.60. The stock reached a high of ₹1920 and a low of ₹1835 during the day.

CNBC TV18

Adani Power, Adani Green Energy shares rise 6% on major order win from Maharashtra

Adani Power and Adani Green Energy will sign separate contracts with MSEDCL for their respective supply component as permitted under the tender conditions.

CNBC TV18

The Marketbuzz Podcast: Market-moving week begins for Sensex, Nifty; Gold at record high

Marketbuzz Podcast: Indian markets may see a gap-up start according to the GIFT Nifty. Watch out for stocks like Bajaj Housing Finance listing, Adani Green Energy and Samvardhana Motherson.

The Economic Times

Adani Green Energy appoints Surabh Shah as CFO

Adani Green Energy Ltd has announced the appointment of Saurabh Shah as its new Chief Financial Officer, effective October 1, 2024. The current CFO, Phuntsok Wangyal, will step down on September 30, 2024. Additionally, Shaminder Singh Jamwal will become Head of Security from October 1, while Satyajeet Ghoshal transitions to a new role in the CEO's office.

Mint

Adani Green Energy appoints Saurabh Shah as new CFO

Adani Green Energy on Saturday said Deputy Chief Financial Officer Saurabh Shah would assume the role of CFO, replacing Phuntsok Wangyal, who will step down effective Sept 30. 

Business Standard

Majority of Adani group stocks settle lower, Adani Power down nearly 3%

As many as seven Adani group stocks ended lower on Friday as the Swiss authorities froze USD 311 million (Rs 2,610 crore) held by a Taiwanese resident in multiple Swiss bank accounts as part of a money laundering probe, suspecting he may be a frontman from the group -- a charge the conglomerate vehemently denied. Shares of Adani Power dropped 2.73 per cent, Adani Energy Solutions declined 2.42 per cent, Adani Ports slipped 1.37 per cent, Adani Green Energy went lower by 1.17 per cent, Adani Enterprises dipped 0.76 per cent, Adani Total Gas (0.55 per cent) and Adani Wilmar (0.37 per cent) on the BSE. However, three group firms managed to settle in the green. The stock of ACC jumped 1.94 per cent, NDTV climbed 1.01 per cent and Ambuja Cements (0.01 per cent). During the day, shares of Adani Power tumbled 3.20 per cent, Adani Energy dived 2.75 per cent, Adani Green declined 1.53 per cent, Adani Ports went down by 1.51 per cent, Adani Enterprises fell 1.18 per cent, Adani Wilmar (1.07 p

Mint

Adani Green’s on a roll to build capacity. But first, it needs to find buyers.

Adani Green Energy Ltd is on an ambitious path to quadruple its renewable generation capacity by 2029-30, with significant investments and a strategic land bank in place. However, the company faces challenges in winning bids and securing buyers.

Mint

Adani Green Energy share are down by -0.38%, Nifty down by -0.08%

Adani Green Energy Share Price Today : On the last trading day, Adani Green Energy opened at ₹1808.95 and closed at ₹1802.15. The stock reached a high of ₹1816.4 and a low of ₹1795.6 during the day.

Business Line

Adani Group Stocks Live Today: Adani Group stocks in focus as it rejects Hindenburg’s Swiss allegations

Adani Group Shares, Adani Enterprises Stocks, Adani Green Energy Shares Today, Adani Power Share Price Today Live Updates for September 13, 2024: Adani Group stocks in focus. Shares of Adani Power, Adani Ports, Adani Green Energy, and Adani Enterprises declined 1-2%

Mint

Adani Green Energy share are up by 0.14%, Nifty up by 0.36%

Adani Green Energy Share Price Today : On the last trading day, Adani Green Energy opened at ₹1820.6 and closed at ₹1816.85. The stock reached a high of ₹1834 and a low of ₹1812.9 during the day.

The Economic Times

Renewable firms hiring talent across levels amid expansion

India's renewable energy companies, including Adani Green Energy and Tata Power Renewable Energy, are ramping up hiring to support the nation's goal of net zero emissions by 2070. They seek talent in areas like project management, data science, and solar manufacturing. Companies are also collaborating with government bodies and engineering colleges for recruitment and upskilling initiatives.

Mint

Adani Green Energy share are up by 0.88%, Nifty up by 0.13%

Adani Green Energy Share Price Today : On the last trading day, Adani Green Energy opened at ?1867.95 and closed at ?1884.6. The stock reached a high of ?1887 and a low of ?1858 during the day.

The Economic Times

Adani Green Energy redeems $750 million bonds

Issued in September 2021, the three-year Holdco Notes supported AGEL's high-growth objectives. During the period, AGEL's capacity has increased more than three-fold - from 3.5 gigawatt (GW) to 11.2 GW, registering a CAGR (compounded annual growth rate) of 48 per cent.

Mint

Adani Green Energy repays over ₹6,200 crore Holdco Notes ahead of schedule

Adani Green Energy Ltd (AGEL) has successfully redeemed its USD 750 million Holdco Notes ahead of schedule.

CNBC TV18

Adani Green Energy redeems $750 million Holdco Notes, strengthening capital management plan

The redemption was executed through a fully funded redemption reserve account, which AGEL had maintained since January 2024, the Adani Group firm said in a stock exchange filing.

Business Line

Adani Green Energy redeems $750 million Holdco Notes Ahead of maturity

AGEL’s shares saw a positive uptick on the NSE, reflecting investor confidence in the company’s growth strategy.

Business Standard

Adani Green redeems $750 mn bonds eight months ahead of redemption date

Adani Green Energy Ltd (AGEL), the renewable energy arm of the ports-to power conglomerate run by billionaire Gautam Adani, on Monday said it has redeemed USD 750 million worth of bonds as it deleverages business. In a statement, the firm said it has completed "redemption of all outstanding USD 750 million 4.375 per cent Holdco Notes due on September 8, 2024." The move is in step with its January announcement of a plan to redeem the USD 750 million worth of notes, eight months ahead of the redemption date. Issued in September 2021, the three-year Holdco Notes supported AGEL's high-growth objectives. During the period, AGEL's capacity has increased more than three-fold - from 3.5 gigawatt (GW) to 11.2 GW, registering a CAGR (compounded annual growth rate) of 48 per cent. The company had in January stated it would pay USD 169 million from its reserves and internal accruals, and USD 300 million from the consideration from a joint venture with TotalEnergies Renewables. The remaining US

Mint

Adani Green Energy share are down by -0.09%, Nifty down by -0.89%

Adani Green Energy Share Price Today : On the last trading day, Adani Green Energy opened at ₹1899 and closed at ₹1888.95. The stock reached a high of ₹1929.2 and a low of ₹1875.5 during the day.

Business Standard

TotalEnergies' Adani Green Energy investments now at $3.2 billion

TotalEnergies continues to invest in Adani Green, calling it as a strategic move in the Indian electricity market

Mint

Adani Green Energy, TotalEnergies form joint venture for 1,150 MW solar projects in Khavda

Adani Green Energy and TotalEnergies have formed a joint venture to oversee a portfolio of solar projects totalling 1,150 MW at Khavda in Gujarat. 

Business Line

Adani Green, TotalEnergies tie up to manage 1,150 MW solar projects

50-50 joint venture to be located at Khavda renewable energy park in Gujarat

Hindustan Times

TotalEnergies to invest $444 million in new joint venture with Adani Green

TotalEnergies to invest USD 444 million in 50:50 joint venture with Adani Green Energy for 1,150 MWac solar assets.

Business Standard

Adani Green approves pacts for TotalEnergies' $444 mn investment in JV

This comes after the company and the French oil major had inked a $300 million deal to build renewable capacity in India, where the bulk of energy requirements are still met by coal

The Economic Times

Adani Green approves pacts for $444 mn TotalEnergies JV investment

India's Adani Green Energy has approved a $444 million investment deal with TotalEnergies to form a new joint venture. Adani and TotalEnergies will each own a 50% stake, focusing on a 1,150 megawatt portfolio of solar assets. Shares of Adani Green surged 5.9% on Monday.

CNBC TV18

Adani Green forms $444 million JV with TotalEnergies to manage solar assets

Under the agreement, TotalEnergies, a a French multinational integrated energy and petroleum company, will invest approximately $444 million, either directly or through its affiliates, to create a new 50:50 joint venture with Adani Green.

The Economic Times

Adani Energy Solutions receives award of 7 GW renewable energy evacuation transmission network in Khavda

Adani Energy Solutions Ltd has acquired the Khavda Phase-IV Part-A transmission project, aimed at evacuating 7 GW of renewable energy from Khavda RE park in Gujarat. The project will enhance India's green energy infrastructure, contributing to the country’s journey towards net zero. The investment amounts to Rs 4,091 crore and will be completed within 24 months.

The Economic Times

3 Adani Group stocks eligible for inclusion after Sebi's F&O entry, exit norms' revision

Adani Green Energy, Adani Energy Solutions, and Adani Total Gas are eligible for entry into the derivatives segment. Nuvama estimates these stocks may enter the F&O market, with SEBI's final decision pending.

Business Standard

Adani group's Ebitda may go past Rs 1 trn in FY25 on infra, power biz

Cement, power, and green energy expected to contribute 86% to growth

The Economic Times

Domestic banks and NBFCs increase exposure to Adani Group to 36% of total debt

Domestic banks and non-banking financial companies raised their exposure to the Adani Group to 36% of its total debt by March 2024, lending ₹88,100 crore. The group’s debt increased due to capital expenditures in airports and green energy. However, a 45% rise in operating profit helped reduce its net debt-to-operating profit ratio to its lowest in six years at 2.19 times, down from 3.27 times a year earlier.

The Economic Times

Adani Green Energy to see 30 pc CAGR capacity growth

Adani Green Energy Ltd (AGEL) was projected to achieve over 30 per cent annual growth rate in renewable energy capacity, targeting over 50 GW by 2030. The firm aims to add 6-7 GW annually and improve capacity utilization to boost power sales growth by 35%. AGEL's expansion strategy included key assets in Rajasthan and the Khavda site.

Hindustan Times

Investors lose ₹53,000 crore as Adani stocks fall after Hindenburg report

Adani Green Energy shares were among the worst hit as it suffered a loss of 7% to hit the day's low at ₹1,656 on BSE.

Business Standard

Adani Green Energy raises $400 mn for its solar power projects in Raj, Guj

Adani Green Energy shares closed at Rs 1,755 a share on Wednesday with a total market valuation of Rs 2.78 trillion