Adani Energy commissions 765 KV Warora-Kurnool transmission line; stock falls
The Adani group company has fully commissioned 765 KV Warora-Kurnool transmission line across Maharashtra, Telangana, and Andhra Pradesh.
The Adani group company has fully commissioned 765 KV Warora-Kurnool transmission line across Maharashtra, Telangana, and Andhra Pradesh.
Mumbai city (Vikhroli) connected first time with 400 KV national grid with commissioning of a double circuit transmission line by Adani Energy Solutions
The Adani Group company has so far achieved $700 million financial closure with 9 international banks for its HVDC transmission project in Mumbai.
Shares of three Adani Group companies - Adani Transmission, Adani Total Gas and Adani Green Energy - hit their respective 5% upper circuit limits.
Eight of ten Adani group stocks were trading in green, barring Transmission and Total Gas, with the conglomerate’s cumulative m-cap rising to ₹9.04 lakh crore.
An additional 0.76% stake in Adani Transmission and 0.99% shares in Adani Green have been pledged with SBI Trustee.
GQG has acquired 3.4% stake in Adani Enterprises, 4.1% in Adani Ports, 2.5% in Adani Transmission, and 3.5% in Adani Green Energy.
Of the nine Adani group stocks, 7 were trading higher amid report that Gautam Adani-led conglomerate is planning to prepay its loans.
Adani Transmission's restricted group credit assessment is not directly affected by the alleged malpractices at Adani group highlighted in Hindenburg report, says Fitch.
Adani Total Gas, Adani Green Energy, Adani Transmission, Adani Power, and NDTV hit their 5% lower circuit limits on Monday.