Bharat Express

Adani Green

The Indian stock market opened flat on Wednesday, with gains in the auto and IT sectors and positive movement in the Adani Group.

Adani Green surged by 7.59%, and Adani Power climbed 5.45%. Adani Enterprises and Adani Wilmar also saw gains of nearly half a percent each

Adani Green Energy Ltd (AGEL) has fully redeemed its USD 750 million Holdco Notes ahead of their maturity date of 8 September 2024.

Adani Green Energy Limited (AGEL) and TotalEnergies have launched a $444 million joint venture to manage a major solar project portfolio.

Transforming the barren land of Khavda into a hub of clean and affordable energy, the Khavda Renewable Energy Plant generates enough power to supply 16.1 million homes annually.

The visit and making it public is being seen as a sign of confidence the US government has in India's largest infrastructure conglomerate.

AGEL is developing the world’s largest renewable energy project of 30,000 MW on barren land at Khavda in Gujarat. Spread across 538 sq km, it is five times the size of Paris.

AGEN's ambitious plans include the development of a 30 GW renewable energy capacity within the RE Park, slated for completion in the next five years.

With this transaction, TotalEnergies has reinforced its strategic alliance with AGEL and support in enabling AGEL’s target of 45 GW capacity by 2030.

The funds obtained through this issuance will further fortify AGEL's position as it works towards its accelerated growth trajectory.