Adani Green Completes Acquisition of 205 MW of Operational Solar Projects from Essel
Adani Green Energy Limited (AGEL) said it has completed the acquisition of 205 MW of operational solar assets in Punjab, Karnataka, and Uttar Pradesh from Essel Green Energy Private Limited ...
Despite Relief Measures, DISCOM Dues to Renewable Generators Rose to ₹103 Billion in July
The distribution companies (DISCOMs) owed renewable generators nearly ₹103.11 billion (~$1.4 billion) in overdue payment (excluding dues under dispute) spread across 579 invoices at the end of July 2020, according ...
Regulator Dismisses Solar Developer’s Plea for Respite Under Force Majeure
The Karnataka Electricity Regulatory Commission (KERC) dismissed Adani Green Energy (UP) Limited’s plea for relief under the force majeure clause in its power purchase agreement (PPA) with the Gulbarga Electricity ...
Karnataka Regulator Reduces Tariff for a 20 MW Solar Project for Commissioning Delay
The Karnataka Electricity Regulatory Commission (KERC) dismissed Adani Green Energy (UP) Limited’s (Adani Green) plea for relief on the grounds of the ‘force majeure’ clause for its 20 MW solar ...
Adani Green Gets Stakeholders’ Approval to Raise ₹25 Billion
Adani Green Energy Limited (AGEL) announced that it had received approval from its shareholders to raise ₹25 billion (~$331 million). The approval was granted during the company’s fifth annual general ...
Adani Green to Receive Refund of ₹1.2 Million for a 20 MW Solar Project in Mysuru
The Karnataka Electricity Regulatory Commission (KERC) has ordered that Adani Green Energy Limited (AGEL) should get a refund of ₹1.2 million (~$15,754) from the Gulbarga Electricity Supply Company Limited (GESCOM) ...
Adani Asked to Compensate for Delay in Land Possession for a 20 MW Solar Project
The Karnataka Electricity Regulatory Commission (KERC) has dismissed Adani Green Energy Limited’s (AGEL) request to approve the date on which the supplemental power purchase agreement (PPA) was signed to be ...
Tata Power to Buy 50 MW of Wind Power from SECI at ₹2.52/kWh
The Central Electricity Regulatory Commission (CERC) has approved a tariff of ₹2.52 (~$0.034)/kWh as requested by the Tata Power Delhi Distribution (TPDDL) for 50 MW of wind power from the ...
Important Headlines from India’s Renewable Sector in February 2020
February was a busy month for the domestic renewable sector, with many important events and announcements making the headlines. There were several important announcements in the month, including the Union ...
Total to Acquire 50% Stake in Adani Green’s Solar Portfolio for $510 Million
Total, a French oil and gas major, has entered into an agreement with Adani Green Energy Limited (AGEL) to acquire a 50% stake in a joint venture company for $510 ...
SECI’s Manufacturing-Linked Solar Tender Receives Good Response, Oversubscribed by 1 GW
The Solar Energy Corporation of India (SECI) has received a good response for its 7 GW solar tender that has been linked with a manufacturing component. After a slew of ...
Adani Green Raises $362.5 Million Through Issuance of Green Bonds
Adani Green Energy Limited (AGEL) has announced that its subsidiaries, Adani Renewable Energy Limited, Wardha Solar (Maharashtra), and Kodangal Solar Parks Private Limited, have approved the issuance of dollar-denominated 20-year ...
Adani Green Energy to Acquire 205 MW of Solar Assets from Essel Group
Adani Green Energy, the renewable energy arm of Adani Group, has announced that it has signed an agreement to acquire 205 MW of solar assets from Essel Group. The projects which ...
Bombay Stock Exchange Launches Exclusive Trading Platform for Green Bonds
India now has its own green bond trading platform. The Bombay Stock Exchange (BSE)’s international arm, India International Exchange (India INX), recently announced its exclusive green listing and trading platform ...
CERC Dismisses Adani Green’s Petition Against Power Grid Corporation
The Central Electricity Regulatory Commission has announced its ruling in a case that involved Adani Green Energy Limited (AGEL) and Power Grid Corporation Limited (PGCIL). The case was about three ...
Increase in Operational Solar Capacity Takes Adani Green’s Revenue up by 4% in Q3 FY19
Adani Green Energy Limited (Adani Green), a part of Adani Group, today announced its financial performance for the nine months and third quarter ending December 31, 2018. The company announced ...
Adani Seeks to Purchase 700 MW of Solar Power With 350 MW Under Greenshoe Option
Adani Electricity Mumbai Limited has issued a Request for Selection (RfS) for the purchase of power from 350 MW of grid-connected solar projects on a long-term basis through a competitive ...
Madhya Pradesh Electricity Commission Condemns Payment Delay by DISCOM to Adani Green
The Madhya Pradesh Electricity Regulatory Commission (MPERC) has dismissed a review petition filed by Madhya Pradesh Power Management Company Limited (MPPMCL) seeking relief against an order issued by the commission for ...
Solar Tariffs in India Remain Steady at ₹2.44/kWh in SECI’s 3 GW Auction
The Solar Energy Corporation of India (SECI) has auctioned 3 GW of Interstate Transmission System (ISTS)-connected solar photovoltaic (PV) in which ACME emerged as the lowest (L1) bidder by quoting ...
Adani Green Energy Starts Trading on Bombay Stock Exchange
Domestic renewable energy project developer, Adani Green Energy, has been listed on the Bombay Stock Exchange (BSE). According to the BSE filing, effective from June 18, 2018, the equity shares ...