Bombay High Court Dismisses Petition Challenging Adani Power Contract, Imposes Rs 50,000 Fine
The Bombay High Court on Monday dismissed a petition challenging a power supply contract awarded by the Maharashtra government to Adani Group, terming the plea "unsubstantiated and reckless."
Adani Power Achieves Top 80 Percentile In S&P’s Global Corporate Sustainability Assessment
Adani Power Ltd, a key player in the Adani Group, has achieved an impressive score of 67 (out of 100) in CSA by S&P Global for FY 2023-24.
Adani Group Sees Significant Growth With 25.5% EBITDA Rise In H1 FY25
The Adani Group has reported strong growth for H1 FY25, posting a 25.5% increase in EBITDA, adjusted for one-time prior period incomes.
Adani Power Records 20% Growth In Continuing Revenue, Reaches Rs 28,517 Crore In H1 FY25
Power demand remained steady in Q2 FY25 compared to Q2 FY24, influenced by prolonged rains. However, cumulative demand for FY25 until September 30, 2024, grew by 5% over H1 FY24, ensuring higher offtake from thermal power to support peak demand
Adani Group’s Market Cap Rebounds To Pre-Hindenburg Levels, Surging Past Rs 18.5 Lakh Crore
The Adani Group has surged in market capitalization, reclaiming its pre-Hindenburg levels after two major rallies in the Indian indices.
Adani Power’s Q4: Net Profit Dips 48% YoY to ₹2,737 Crore, Revenue Surges 30%
The operating performance for Q4 FY 2023-24 includes the 1600 MW Godda Ultra-supercritical Thermal Power Plant (“USCTPP”) of APL’s subsidiary Adani Power (Jharkhand) Limited (APJL), which was commissioned in Q1 FY 2023-24.
US Investment Firm GQG Partners Acquires 8.1% Stake Worth Over Rs 9,000 Crore in Adani Power
GQG Partners, a US-based boutique investment firm, along with other investors, has purchased an 8.1% stake in Adani Power Ltd for a substantial sum of over Rs 9,000 crore (USD 1.1 billion).
Investors In Adani Shares Have Gained Rs 1.8 Lakh Crore In Just Three Days
Adani Enterprises' stock has increased by over 38% from its Thursday closing price, translating into a gain of about Rs 76,000 crore.
Adani Ports To Repurchase $130 mn Outstanding Loan to Ease Debt
dani Ports and Special Economic Zone said that it had conducted a tender for up to $130 million in dollar-denominated notes with a 3.375% 2024 maturity.
