Ahead of maturity in September 2024, Adani Group to pre-pay $1.1 billion
NEW DELHI: Adani Group on Monday said that the promoters will pre-pay USD 1,114 million for the release of pledged shares of its firms ahead of the maturity in September 2024. These shares belong to Adani Ports & Special Economic Zones, Adani Green Energy and Adani Transmission, a statement said. “This is in continuation of […]
Adani Green Energy acquires 100% stake in Spinel Energy and Infrastructure
NEW DELHI: Adani Green Energy has acquired 100 per cent equity stake in Spinel Energy and Infrastructure from Hindustan Cleanenergy and Peridot Power Ventures. “Adani Green Energy Ltd (AGEL) has completed acquisition of 100 per cent of the share capital and all the securities of Spinel Energy & Infrastructure Ltd from Hindustan Cleanenergy Limited and […]
TOTAL acquires 20 per cent stake in Adani Green Energy
NEW DELHI: Adani Group on Monday said global energy major TOTAL has acquired a 20 per cent equity stake in Adani Green Energy Ltd. The purchase of 20 per cent minority interest by TOTAL was done “via the acquisition of shares held by the Adani Promoter Group in Adani Green Energy Limited (AGEL),” a statement […]
Adani bags tender to set up solar power project in Gujarat
NEW DELHI: Adani Green Energy on Saturday said its subsidiary has been awarded a tender to set up a 150 MWac solar power project in Gujarat and the project is expected to be commissioned by October-December quarter of 2020-21 financial year. According to a regulatory filing, “Adani Renewable Energy Park (Gujarat), a wholly-owned subsidiary of Adani […]