Business

The allegations leveled by the US Justice Department against the directors of Adani Green are baseless: Adani Group

November 21, 2024 revoi editor

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The allegations made by the US Department of Justice and the US Securities and Exchange Commission against directors of Adani Green are baseless and denied. Adani Group spokesperson said. As stated by the US Department of Justice itself, “the charges in the indictment are allegations and the defendants are presumed innocent unless and until proven […]

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Adani Green operationalizes 180 MW solar power plant in Rajasthan

March 27, 2024 Vinayak Barot

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Ahmedabad, 27 March 2024: Adani Green Energy Limited (AGEL), India’s largest and one of the world’s leading renewable energy (RE) companies, has commissioned a 180 MW solar power plant at Devikot in Jaisalmer, Rajasthan. The plant has a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI). The 180 MW solar […]

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Adani Green says US corruption probe on unrelated third party; has no relations with co

March 20, 2024 Vinayak Barot

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New Delhi, Mar 19 (PTI) Billionaire Gautam Adani’s group companies said they have not received any notice from the US Department of Justice over a potential bribery investigation, but its renewable energy firm Adani Green Energy stated it is aware of an investigation into potential violations of American anti-corruption laws by an unrelated third party. […]

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Adani Green Begins Generation From The World’s Largest Renewable Energy Park

February 14, 2024 Vinayak Barot

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Ahmedabad, 14 February 2024: Adani Green Energy Limited (AGEL), India’s largest renewable energy (RE) company and the second largest solar PV developer in the world, has operationalized 551 MW solar capacity in Khavda, Gujarat, by supplying power to the national grid. AGEL achieved this milestone within 12 months of commencing work on the Khavda RE […]

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Promoters to Invest INR 9,350 crore equity in Adani Green

December 26, 2023 Vinayak Barot

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Ahmedabad, 26 December 2023: Adani Green Energy Ltd (“AGEL”), India’s largest and the world’s leading renewable energy developer, announced that the Board of Directors of AGEL have approved a preferential issuance of warrants to the Promoters of AGEL for a quantum of INR 9,350 crore (equivalent to USD 1,125 million) at a per share price […]

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Adani Green accomplishes its Construction Financing Framework at USD 3 billion

December 5, 2023 Vinayak Barot

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Ahmedabad, 5 December 2023: Adani Green Energy Ltd (AGEL), India’s largest and world’s leading renewable energy player announced follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks.  The green loan facility will play a pivotal role in enabling […]

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Adani Green ranked first in Asia and among top 10 RE companies globally for ESG performance

June 15, 2023 Vinayak Barot

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Ahmedabad, 15 June 2023: Adani Green Energy Limited (AGEL), India’s largest renewable power producer and the renewable energy arm of the diversified Adani portfolio, has been ranked First in Asia and among the top 10 companies globally in the renewable energy sector by ISS ESG.   AGEL has been placed in the ‘Prime’ (B+) band, […]

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Adani Green turns Water Positive for plants with operating capacity of over 200 MW

April 19, 2023 Vinayak Barot

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Ahmedabad, 19 April 2023: Adani Green Energy Ltd (AGEL), the world’s largest solar power developer and the renewable energy arm of the diversified Adani portfolio companies, has been certified “Water Positive” by DNV, an independent global assurance agency. The verification statement signifies that AGEL’s water conservation is greater than consumption. DNV conducted qualitative and quantitative […]

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Adani Green conferred with prestigious ‘Platinum’ Environment Award 2022

April 7, 2023 Vinayak Barot

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Ahmedabad : Adani Green Energy Ltd (AGEL), the world’s largest solar power developer and the renewable energy arm of the diversified Adani portfolio companies, has been conferred with the prestigious ‘Platinum Award’ by Grow Care India Environment Management Awards 2022 for outstanding achievement in the Environment Management category. The award was given by Shri Faggan […]

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Adani Green’s Operating Renewable Portfolio reaches 8,024 MW, the largest in India

March 3, 2023 Vinayak Barot

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Ahmedabad, 3 March 2023: Adani Green Energy Ltd (AGEL), the renewables arm of the Adani Group, now has its fourth wind-solar hybrid power plant fully operational at Jaisalmer in Rajasthan and the asset has been capitalized. The combined operational generation capacity of this newly added hybrid power plant is 700 MW and has a Power […]

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