The Adani Group (Adani) announced it has signed a non-binding Memorandum of Understanding (MoU) with Ballard Power Systems to evaluate a joint investment case for the commercialization of hydrogen fuel cells in various mobility and industrial applications in India. Under the MoU, both parties will examine various options to cooperate, including potential collaboration for fuel…
Tag: Vneet S Jaain
Adani Green Energy raises Rs 612.30 cr for debt refinancing
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•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)…
Adani Green wins Global Sponsor of the Year award
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•Adani Green Energy Ltd (AGEL), the renewable energy arm of the diversified Adani Group, has won the Global Sponsor of the Year award from Project Finance International (PFI). The global award recognizes AGEL as a key driver of energy transition that has set up the platform to implement 45GW of renewable energy generation capacity by…