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Association of CGD Entities (ACE) appoints Atanu Chakraborty as Chairman

New Delhi, September 21, 2021: Association of CGD Entities (ACE), a not-for-profit company established under Companies Act to promote development of City Gas Distribution (CGD) sector in the country, announced  appointment of Atanu Chakraborty as its Chairman and independent director for a tenure of 3 years. Atanu Chakraborty, a 1985 Batch IAS officer from Gujarat […]

Adani Group Clarifies On ‘Illegal drugs’ Seized At Its Mundra Port

Media statement on the malicious social media campaign against the Adani Group on the seizure of illegal drugs at Mundra Port Ahmedabad: On 16 Sep 2021, a joint operation by the DRI and Customs unearthed a large cache of contraband heroin from two containers from Afghanistan that had arrived at the Mundra International Container Terminal […]

Adani Transmission to strengthen power transmission system in Madhya Pradesh with capex of Rs.1,200 Cr

Project won through competitive bidding – Covers transmission lines and substations in 18 districts ATL wins the project through Tariff-Based Competitive Bidding process The project ‘MP Power Transmission Package-II Limited’ comprises more than 850 ckt km of Transmission Lines and AIS Substations (220kV and 132kV) in 18 districts of Madhya Pradesh The project will strengthen […]

Adani Green Energy Continues to Ramp Up Focus On ESG: Raises USD 750 Mn to fully fund equity needs for its under construction pipeline

Green Bond Oversubscribed by over 4.7x Raised USD 750 Mn through 3 year notes under the 144A / Reg S format. Funds to be used for equity portion of capex for under construction projects AGEL’s entire pipeline now fully funded putting it on track to be the world’s largest renewable energy platform by 2030 Issuance […]

NIMCJ Received Quality Excellence Award In Higher Education Given By IQAC & ISTD

Only Media Education Institute to Receive This Award Ahmedabad, August 20, 2021: National Institute of Mas Communication and Journalism (NIMCJ) has received a Quality Assurance Award for higher education by Indian Quality Assurance Council and Indian Society for Training and Development i Vadodara Chapter. Many University, colleges, schools and corporate sector companies  across the country […]

Adani Group to acquire MBCPNL portfolio from Sadbhav Infrastructure at an Enterprise Value of Rs.1,680 crore

Gateway connects Maharashtra with 6 neighbouring states, will cover over 20% of the commercial road traffic in India Adani Road Transport Ltd (ARTL) will acquire Maharashtra Border Check Post Network Ltd (MBCPNL). ARTL will acquire 49% at first, with the option to acquire additional stake, subject to approvals MBCPNL has 24 integrated checkposts with exclusive […]

Adani Power Q1 FY22 results

Q1 FY22 Revenues 35% higher y-o-y at Rs. 7,213 Crore Q1 FY22 EBITDA 49% higher y-o-y at Rs. 2,292 Crore Q1 FY22 PAT registered at Rs. 278 Crore as compared to loss of Rs. (-) 682 Crore in Q1 FY21 Strong recovery in India’s electricity demand in Q1 FY22 at 341 Billion Units [‘BU’], a […]

Adani Transmission Limited Consolidated Results for Q1FY22

Double-digit revenue growth in both Transmission and Distribution Cash profit of Rs. 870 Cr PAT of Rs. 433 Cr, up 22% YoY Operational Highlights Q1FY22: Transmission Robust Transmission system availability at 99.85% Distribution Maintained supply reliability at 99.99% (ASAI) despite disruption in Mumbai in Q1 Total units sold grew by 17.8% YoY to 2,036 million […]

Adani Enterprises Ltd Q1 FY22 Results

Completed acquisition of Mumbai International Airport Consolidated EBIDTA increased by 215% to Rs. 948 crore (YoY) Attributable Profits increased by 8 times to Rs. 271 crore (YoY) Operational Highlights Q1 FY22 (YoY Basis):         a) Developing Business:- Completed acquisition of Mumbai International Airport Handled 3.5 Mn Passengers in four operation Airports Signed […]

Adani Total Gas Q1 FY22 Results: Net profit jumps three-fold to Rs 138 cr in June quarter

Revenue from Operations – INR 522 Cr increase of 153% EBITDA – INR 215 Cr increase of 151% CNG Stations increased to 224 Operational Highlights Q1FY22 (Standalone) Y-o-Y: CNG Stations increased to 224, with commissioning of 7 New CNG Stations PNG Home Connection increased to 88 Lacs with addition of 9,223 new connection Industrial & […]
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