Three subsidiaries of Adani Green Energy Ltd – Adani Green Energy (UP) Ltd, Prayatna Developers Pvt Ltd and Parampujya Solar Energy Pvt Ltd, collectively housing 930 MW of operational solar power projects, have raised Rs 612.30 cr by their maiden domestic bond issuance, on private placement basis. The Rated, Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs)…
Tag: Adani Green Energy Limited
Adani inks green PPA with Solar Energy Corporation of India
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•Adani Green Energy Ltd (AGEL), a solar power developer and the renewable energy arm of the Adani Group, has signed an agreement with the Solar Energy Corporation of India (SECI) to supply 4,667 MW of green power. This is the world’s largest ever green power purchase agreement. “We are pleased to have signed the world’s…
Adani Green Energy to acquire SB Energy’s 5 GW India renewable power portfolio
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•Adani Green Energy Limited (AGEL), has signed share purchase agreements for the acquisition of 100% interest in SB Energy India from SBG (80%) and Bharti Group (20%). SB Energy India has a total renewable portfolio of 4,954 MW spread across four states in India. According to a statement, the transaction marks the largest acquisition in…