Tag: Adani Power

Adani Power’s Supply To Bangladesh Rises Despite Tense Bilateral Relations

January 28, 2026 admin

Adani Power Ltd. has sharply increased electricity supplies to Bangladesh, even as diplomatic tensions between the two neighbours deepen. Government data from both countries shows that electricity exports from Adani’s Godda coal‑fired plant in Jharkhand jumped nearly 38% year‑on‑year to around 2.25 billion kilowatt-hours (kWh) in the October–December quarter, according to a report from news…

Business

Adani Power Raises Rs 7,500 Crore Via Bonds

January 27, 2026 admin

Adani Power Ltd. on Tuesday raised Rs 7,500 crore via bonds on a private placement basis. The board approved allotted 7,50,000 secured, listed, rated, taxable, non-cumulative, redeemable, non-convertible debentures each bearing a face value of Rs 1 lakh aggregating to Rs 7,500 crore for cash, in dematerialised form, on private placement basis to the identified…

Business

Adani Power, Druk Green Power to set up a 570MW hydro power project in Bhutan

September 6, 2025 admin

The logo of the Adani Group. Adani Power and Druk Green Power Corporation Limited have signed the Shareholders Agreement for setting up 570 MW Wangchhu hydroelectric project in Bhutan. | Photo Credit: Reuters Adani Power Ltd. and Druk Green Power Corp. Ltd. (DGPC), Bhutan’s state-owned generation utility, have signed the Shareholders Agreement (SHA) for setting…

Business

Adani Power gets shareholders’ nod for 1:5 stock split

September 5, 2025 admin

Image used for illustration purpose only. | Photo Credit: Reuters Adani Power on Friday (September 5, 2025) said it has received shareholders’ approval for a stock split in the ratio of 1:5 through a postal ballot notice issued on August 1, 2025. The resolution has been considered as duly passed with the requisite majority, as…

Business

Sri Lanka not seeking to renegotiate Adani power deal, says top official from Energy Ministry

February 20, 2025 admin

K.T.M. Udayanga Hemapala, Secretary to the Ministry of Energy, Sri Lanka. | Photo Credit: Meera Srinivasan Colombo is not seeking to renegotiate the contentious renewable energy project with Adani Green, a top Sri Lankan official said, a week after the company abruptly pulled out of a wind farm initiative in the island’s Northern Province. Adani…

World

Adani to restore full power to Bangladesh in days but differences remain, say sources

February 14, 2025 admin

Adani Power has agreed to fully restore supply from a 1,600 MW India power plant to Bangladesh in a few days after a gap of three months but has rejected Dhaka’s request for discounts and tax benefits, two sources told Reuters. Billionaire Gautam Adani’s company halved supply to Bangladesh on October 31 due to payment…

Business

Adani power plant: Bangladesh seeks full power supply restoration from Adani Gooda plant

February 11, 2025 admin

Adani Power’s Godda plant in Jharkhand. File | Photo Credit: adanipower.com Bangladesh has asked Adani Power to fully resume supplies from its 1,600-megawatt plant in Jharkhand, a Bangladesh official said, after more than three months of reduced sales with supplies halved due to low winter demand and payment disputes. Adani, which signed a 25-year contract…

Business

NCLAT orders status quo on Coastal Energen insolvency resolution process

September 6, 2024 admin

The National Company Law Appellate Tribunal (NCLAT), Chennai on Friday (September 6, 2024) ordered status quo to be maintained as on date in the matter of Corporate Insolvency Resolution Process of Coastal Energen Private Limited, based on an appeal filed against the approval of a ₹3,335.52 crore (excluding resolution process cost) resolution plan submitted by Dickey Alternative Investment Trust and…

Business

Adani Power Announces Q1 Results, CEO Says Growing From Strength To Strength

July 31, 2024 admin

Adani Power reported a 30 per cent year-on-year continuing revenue growth New Delhi: Adani Power has announced its results for the first quarter of 2024-25 fiscal, reporting a 30 per cent year-on-year continuing revenue growth. Continuing EBIDTA, meaning earning before interest, taxes, depreciation, and amortization, has grown 53 per cent. And the continuing Profit Before…

Nation

Adani Group shares tumble; Adani Ports plunges 20 pc

June 4, 2024 admin

Logo of the Adani Group installed at a roundabout on the ring road in Ahmedabad, Gujarat. FILE | Photo Credit: REUTERS Shares of all Adani Group companies tumbled on Tuesday as the initial trend showed BJP winning a lesser number of seats than predicted in exit polls. The stock of Adani Ports plummeted 20 per…

Business