adani group – Page 55

Business

Adani Group Clarifies MSCI Action on Climate Change Indices

November 29, 2021 sanket

Ahmedabad, November, 27: We are disappointed by MSCI’s decision to drop Adani Ports and Special Economic Zone (APSEZ) from some of its Climate Change indices. APSEZ has been far ahead of its industry in stating publicly, more than 15 months back, its absolute commitment to achieving carbon neutrality by 2025. In addition, we are also […]

Business

Adani Solar partners with KSL Cleantech To expand market share in the East and Northeast

November 23, 2021 sanket

Adani Solar is eyeing massive growth in the Indian renewables industry Committed to broaden its footprint to more than 1,000 towns in India Enhanced retail presence across India will complement its institutional sales business Ahmedabad, 23 November 2021: Adani Solar, the Adani Group’s solar manufacturing and EPC arm, today announced the launch of its retail […]

Business

Adani group releases Statement On The Seizure Of Hazardous Cargo Containers By Customs & DRI At Mundra Port

November 19, 2021 sanket

Ahmedabad, 19 Nov, 2021: On 18 Nov 2021, a joint Customs and DRI team seized several containers at Mundra Port from a foreign vessel on concerns that they contained undeclared hazardous cargo. While the cargo was listed as Non-Hazardous, the seized containers had Hazard Class 7 markings (which indicate radioactive substances). Although the containers were […]

Business

Adani Total Gas Q2 FY22 Results

October 29, 2021 sanket

Revenue from Operations – INR 687 Cr increase of 56% EBITDA – INR 246 Cr increase of 13% CNG Stations increased to 244 Exit volume during Q2 increased to 2.09 MMSCMD from 1.79 MMSCMD in Q1 Operational Highlights Q2 FY22 (Standalone) Y-o-Y: Commissioned 20 New Stations, the total CNG Stations now increased to 244 Added […]

Adani Green Energy Ltd Q2 & H1 FY22 RESULTS

October 28, 2021 sanket

Operational Capacity increased by 93% to 5,410 MW on YoY basis Revenue from Power Supply increased by 48% YoY to Rs. 1,682 cr in H1 FY22 Cash Profit increased by 45% to Rs. 859 cr in H1 FY22 Joined CDP’s The Science Based Targets Initiative Incubator Project (SBTiIP) Revised Board Charter implemented AGEL’s overall renewable […]

Business

In a first, Adani Ahmedabad Marathon to be held in wave format on 27 & 28 Nov.

October 5, 2021 sanket

Race to be held in both on-ground and virtual formats to avoid big crowds and respect COVID norms The race will be held with all Covid precautions in place to ensure participants’ safety Adhering to government guidelines, on-ground marathon in the wave format will not allow more than 250 runners in a single wave GPS […]

Business

APSEZ fully unlocks India’s eastern hinterland with Rs. 6,200 Cr acquisition of Gangavaram Port

September 23, 2021 sanket

Completes Government of Andhra Pradesh’s stake Purchase in GPL Board Approves merger of GPL with APSEZ APSEZ acquires Government of Andhra Pradesh’s 10.4% stake for Rs. 645 Cr APSEZ and GPL boards have approved a merger at a swap ratio of 159:1,000 shares With the above, APSEZ achieves full closure on Gangavaram Port Ltd Acquisition […]

Business

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

September 22, 2021 sanket

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 […]

Business

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

September 16, 2021 sanket

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 […]

Business

Adani Power Q1 FY22 results

August 6, 2021 sanket

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 […]