New Delhi, Sep 30 (IANS) The Competition Commission of India (CCI) on Thursday approved acquisition of 100 per cent share capital of Diliigent Power Private Ltd and DB Power Private Ltd by Adani Power Ltd. The proposed combination involves acquisition of
Ahmedabad, Aug 4 (IANS) Adani Transmission Ltd (ATL), the largest private transmission company in India and part of the globally diversified Adani portfolio, on Wednesday announced its financial and operational performance for the quarter ended June 30, 2022. Consolidated revenue in
Ahmedabad, Aug 4 (IANS) Adani Power Ltd (APL), a part of the Adani Group, on Wednesday announced its financial results for the quarter ended June 30. During Q1 FY 2022-23, APL, along with the power plants of its subsidiaries, achieved an
Ahmedabad, Aug 3 (IANS) Adani Green Energy Ltd (AGEL), the renewable energy arm of Adani Group, on Tuesday announced its financial results for the quarter ended June 30. The company’s operational capacity increased by 65 per cent YoY to 5,800 MW.
Ahmedabad, April 28 (IANS) Adani Enterprises announced on Wednesday that it has incorporated a wholly-owned subsidiary, namely, AMG Media Networks Ltd. The subsidiary was incorporated on April 26, with an initial authorised and paid-up share capital of Rs 1 lakh each
New Delhi, March 30 (IANS) Shares of Adani Power jumped sharply on Tuesday as they extended their rally into the sixth consecutive session. The consistent rally in the shares came at a time when the company approved an amalgamation scheme for
Adani Power Limited (APL), IHI Corporation, and Kowa Company Ltd. (Kowa) have signed a Memorandum of Understanding (MoU) to study the feasibility on a modification to achieve 20 per cent liquid ammonia co-firing ratio and thereafter extend this to a
New Delhi, Feb 8 (IANS) The Supreme Court on Tuesday accepted the compromise reached between Adani Power (Mundra) Ltd. and Gujarat Urja Vikas Nigam Ltd. (GUVNL), over the supply of electricity. A five-judge bench headed by Chief Justice N.V. Ramana said:
New Delhi, Dec 14 (IANS) Adani Green Energy Ltd (AGEL), the worlds largest solar power developer and the renewable energy arm of the diversified Adani Group, has signed an agreement with the Solar Energy Corporation of India (SECI) to supply 4,667
Gurugram, 1stNovember 2021: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the NBFC Navaratna CPSU under the aegis of Ministry of Power, handed over the project specific SPV (Special Purpose Vehicle) formed for construction
Mumbai, June 21 Adani Power has received the letter of intent for the resolution of the bankrupt Essar Power MP Ltd (EPMPL). The development comes after the Committee of Creditors (CoC) of EPMPL approved Adani’s resolution plan to acquire the
Mumbai, Aug 8 Adani Transmission on Friday reported 66.52 per cent increase in its consolidated net profit for the April-June quarter at Rs 355.40 crore. During the corresponding period of the last fiscal, the company had reported a net profit
Bhubaneswar, June 24 Adani Power Ltd (APL) has signed a definitive agreement to acquire 49 per cent stake in the Odisha Power Generation Corporation (OPGC) from the affiliates of US-based global energy company, the AES Corporation (AES), a statement said
Mumbai, June 22 The board of Adani Power on Monday approved the delisting of its shares from the exchanges at the floor price of Rs 33.82. On Monday, its shares on the BSE closed at Rs 38.20, higher by 0.53
Mumbai, Aug 3 Private sector thermal power producer Adani Power on Friday said that it has completed the acquisition of GMR Chhattisgarh Energy (GCEL). According to the company, the acquisition of GCEL was concluded at an enterprise valuation of approximately
Mumbai, April 8 (IANS) Adani Power on Monday said it has received the Letter of Intent (LoI) to acquire the insolvent Korba West Power Company (KWPCL) after the latter’s Committee of Creditors (CoC) approved Adani’s resolution plan for KWPCL. The
New Delhi, March 26 Days before the Lok Sabha election dates were announced, the government paved the way for Adani Power Limited (APL) to set up India’s first power sector special economic zone (SEZ) by amending guidelines. With the amendment
Mumbai, Feb 6 Pulled down by issues affecting the sector, Adani Power on Wednesday reported a net loss of Rs 1,180.78 crore for the third quarter ended in December, although the loss was lower as compared to what the company
Ahmedabad, Aug 7 Gautam Adani-led Adani Power Ltd (APL) on Monday announced near-doubling of its losses at (-) Rs 824 crore in the first quarter ending June caused by poor operating performance. The Adani Group subsidiary said in a statement here
Ahmadabad, Jan 17 Adani Power on Wednesday reported that its consolidated net loss for the quarter ended December 31, 2017 has widened to Rs 1,290.74 crore from Rs 667.89 crore loss in the year-ago period. Revenue from operations during the
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