Gautam Adani, family plan to invest $1 bn in Adani Green; stock gains
Earlier this month, Adani Green Energy secured a $1.36 billion loan from an international bank consortium to boost its construction financing framework.
Earlier this month, Adani Green Energy secured a $1.36 billion loan from an international bank consortium to boost its construction financing framework.
The consolidated profit of the Adani Group company zoomed 319% YoY to ₹507 crore, while revenue rose 88% to ₹2,988 crore.
Gautam Adani-led company commissions 450 MW hybrid plant. With this, Adani Green Energy has largest operational hybrid power generation capacity of 1,440 MW.
With market capitalisation of ₹4.36 lakh crore, the Adani group company surpassed telecom major Bharti Airtel, becoming the tenth most valued Indian firm in terms of m-cap.