Adani
Adani to raise over $1 billion to finance major transmission projects
- May 17, 2021
Adani Transmission, according to reliable media reports, is planning to raise $1.15 billion through overseas loans to finance its major projects in Maharashtra and Gujarat. Reports further indicate that at least four banks -- Standard Chartered, MUFG, Barclays and Read more
Kharghar-Vikhroli line targeted to commission by December 2022
- Apr 7, 2021
The Kharghar-Vikhroli transmission line, being developed by Adani Transmission Ltd (ATL), is targeted to commission by December 2022, according to a recent investor presentation by ATL. The 400kV double-circuit line in Maharashtra is being developed by Kharghar Vikhroli Transmission Read more
Adani, Torrent express interest in SEUPPTCL takeover
- Mar 30, 2021
The potential takeover of financially-ailing independent power transmission company South East UP Power Transmission Co Ltd (SEUPPTCL) has attracted expressions of interest from leading names like Adani Group and Torrent Power. SEUPPTCL is undergoing corporate insolvency resolution process under Read more
Adani Transmission clarifies on Mumbai HVDC project
- Mar 26, 2021
Adani Transmission Ltd (ATL), in a stock exchange filing, has clarified that Maharashtra Electricity Regulatory Commission (MERC) has issued a statutory licence to build an HVDC link connecting the outskirts of Mumbai to the company’s Mumbai distribution licensee Read more
IEX divests minority stake in IGX to Adani, Total
- Jan 22, 2021
Indian Energy Exchange (IEX) has announced the first strategic divestment of shares in Indian Gas Exchange (IGX), its wholly-owned subsidiary and India’s first authorized gas exchange. Adani Total Gas Ltd, and Torrent Gas Pvt Ltd, India’s two leading energy Read more
Adani Group wins wind-solar hybrid project in SECI tender
- Jan 2, 2021
Adani Green Energy Ltd, in a release, said that its wholly-owned subsidiary Adani Renewable Energy Holding Eight Ltd (AREHEightL) has received the letter of award (LOA) to set up a 600-mw wind-solar hybrid power project. AREHEightL participated in a Read more
Odisha government entity to acquire AES stake in OPGC
- Dec 11, 2020
The Competition Commission of India (CCI) has approved the acquisition of the entire stake held by US-based AES Corporation in Odisha Power Generation Corporation Ltd (OPGC) by Odisha Hydro Power Corporation Ltd (OHPC). In a release, CCI said that Read more
Adani Electricity relaunches super-efficient ceiling fan program
- Dec 9, 2020
Following the success of of last year’s energy saving, ceiling fan program, Adani Electricity Mumbai Ltd has relaunched the same for all its residential customers this year. This year's target is 50,000 fans as against 25,000 distributed in the Read more
Adani Group completes acquisition of Alipurduar Transmission
- Nov 27, 2020
Adani Transmission Ltd has acquired 49 per cent stake in Alipurduar Transmission Ltd from Kalpataru Power Transmission Ltd (KPTL). ATL has also entered into an agreement to acquire balance 51 per cent after obtaining requisite regulatory and other approvals Read more
Adani Electricity Mumbai plans smart meter rollout
- Nov 21, 2020
Adani Electricity Mumbai has planned to install smart meters in Mumbai, where serves over 3 million consumers. AEML is on the verge of rolling out of 7 lakh smart meters, enabling consumers to monitor their electricity consumption. It will Read more