In January 2024, Adani group company announced to fully backstop the Holdco Notes through a fully funded redemption reserve account maintained eight months prior to the redemption date
Adani group chairman Gautam Adani says “proud to be India’s first das hazari” in the renewables space
The funds will be utilised for deleveraging and accelerated capital expenditure, the Gautam Adani-led company says
This agreement signifies the completion of AGEL's power procurement arrangements for the entire 8,000 MW manufacturing-linked solar tender awarded by SECI in June 2020.
Between Mar and Sept 2023, only ATGL and AESL added 2,79,021 new subscribers, while AEL, Adani Ports, Adani Green, and Adani Power lost cumulatively 7,28,084 retail shareholders.
Adani Green last week announced a follow-on funding of $1.36 bn to boost the construction financing framework to $3 billion
The International Development Finance Corporation (DFC), reportedly termed Hindenburg's allegations against the Gautam Adani-led ports-to-energy conglomerate as 'irrelevant.'
The green loan facility has been extended by consortium of lenders
The consolidated profit of the Adani Group company zoomed 319% YoY to ₹507 crore, while revenue rose 88% to ₹2,988 crore.
LIC ups its stake in Adani Green Energy, Adani Total Gas, Adani Enterprises, and Adani Transmission, but cuts stake in Ambuja Cements, ACC, and Adani Ports & SEZ
