Adani Ports has entered into a definitive agreement to acquire Gopalpur Port Limited (GPL) at an enterprise value of Rs 3,080 crore. Gopalpur is a road-rail connected port with a capacity of 20 MMTPA and significant potential for expansion.
Adani Green Energy has announced the execution of a PPA with the SECI to supply 1,799 MW of solar power.
Global oil benchmark Brent crude showed resilience, climbing 0.99% to reach USD 80.33 a barrel. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 84.55 crore on Wednesday, according to exchange data.
Tariff fixation by the Central Electricity Regulatory Commission is an open, transparent, independent process where the tariffs are fixed after carefully evaluating all variables and in consultations with the power generator, distributor and retail consumers.
The combined strength of Adani Group’s experience in renewable equipment manufacturing, setting up large-scale generation projects, building grid infrastructure, and proven project execution capabilities gives it a significant competitive advantage while building green hydrogen ecosystem in India.
Adani Transmission, Adani Total Gas, and Adani Green Energy, all companies under the Adani Group, have maintained their positive momentum and reached their upper price limits.
Adani row: MoS Finance Pankaj Chaudhary, while informing Lok Sabha, tried to defend his government saying the regulator is already looking into the matter.
Adani row: Adani Wilmar will be part of Nifty Next 50 and Nifty 100 indices, while Adani Power will be included in Nifty 500, Nifty 200, Nifty Midcap 100, Nifty Midcap 150, Nifty LargeMidcap 250, and Nifty Midsmallcap 400 indices.
Parliament Highlights:: Amid continuous chants from the Opposition benches, PM Modi hit back at the Congress with 'kamal-keechad' retort. "Jitna keechad uchalogey, utna kamal khilega (more you throw mud, the more lotus (BJP's poll symbol) will bloom," PM Modi said.
Adani row: Adani group landed in trouble after US-based activist short-seller Hindenburg Research made a litany of allegations including fraudulent transactions and share price manipulation.
Adani row: SEBI said that in all specific entity-related matters, if any information comes to its notice, then it is examined as per policies and appropriate action is taken after due examination.
Samvaad 2023: Congress MP Gaurav Gogoi and his BJP counterpart Jayant Sinha spoke at India TV Samvaad conclave on the Adani row which opened a political front against the government.
In a major development, Adani Enterprises on Wednesday cancelled the recently launched Follow-on Public Offer (FPO).
Adani Hindenburg news: In a 413-page response, Adani Group said the report was driven by an ulterior motive to create a false market to allow the US firm to make financial gains.
Air Works has developed extensive operational capabilities within the country for key defence and aerospace platforms.
The newly-acquired 5G spectrum is expected to help Adani group's digitisation of its core infrastructure, primary industry and B2C business portfolio.
The ports-to-energy conglomerate will add 45 gigawatts of hybrid renewable power generation capacity and build 3 Giga factories to manufacture solar panels, wind turbines and hydrogen electrolyser.
The auction is being held for spectrum in various low (600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz), mid (3300 MHz) and high (26 GHz) frequency bands.
Applications for participating in the July 26 auction of airwaves, including those capable of providing fifth-generation or 5G telecom services such as ultra-high-speed internet connectivity, closed on Friday with at least four applications.
The new plant has a Power Purchase Agreement with Solar Energy Corporation of India with tariff at Rs 2.69 per kWh, well below the Average Power Procurement Cost at national level, delivering access to affordable, modern, and clean energy to all.
Top News
Latest News
