Ahmedabad, July 1 (IANS) Adani Green Energy Limited (AGEL) on Wednesday announced it has surpassed 20 gigawatts (GW) of operational renewable energy capacity, becoming the first renewable energy company in India to achieve the milestone predominantly through greenfield development.The Adani Group company generates over 52 billion units of clean electricity annually, and the output represents nearly 3 per cent of India’s electricity consumption, according to a statement.“Surpassing 20 GW demons…
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London/India, June 27 (IANS) Sagar Adani, Executive Director, Adani Green Energy Limited (AGEL), has called for faster electrification to strengthen energy security and support economic growth, saying renewables integrated with storage will be critical to delivering reliable, affordable and round-the-clock clean power.Speaking at the inaugural Adani Green Energy Dialogue, hosted by Adani Green Energy Limited (AGEL) in partnership with the Energy Transitions Commission (ETC) at the Science Museum…
London/New Delhi, June 27 (IANS) The Adani Group is building one of the world’s largest renewable energy portfolios, targeting 50GW by 2030, and a substantial nuclear portfolio of 10 GW by 2035, Sagar Adani, Executive Director of Adani Green Energy Ltd (AGEL) has said.Speaking at the inaugural Adani Green Energy Dialogue, hosted by Adani Green Energy Limited (AGEL) in partnership with the Energy Transitions Commission (ETC) at the Science Museum, London, he said that “we are investing in lar…
Ahmedabad, May 26 (IANS) Adani Green Energy Ltd (AGEL) on Tuesday said it has commissioned a cumulative 3.37 gigawatt-hour (GWh) Battery Energy Storage System (BESS), the world’s largest single-location battery storage deployment outside China and among the fastest executed globally.The deployment includes the 1.37 GWh capacity commissioned in March 2026, taking AGEL’s total operational BESS capacity at Khavda, Gujarat to 3.37 GWh, the Adani Group company said in a statement. “Large-scale …
New Delhi, May 19 (IANS) Describing the US decision to drop charges against Adani Enterprises Ltd a ‘huge victory’ for the Adani Group and a positive development for the industry and the country, a leading law expert on Tuesday said the development could help strengthen the Group’s international expansion plans.Speaking to IANS, Raian Karanjawala, Managing Partner of Karanjawala & Co, said the resolution of the case removes a major obstacle for the Adani Group and could strengthen its …
New Delhi, May 19 (IANS) Shares of Adani Group companies surged up to 5 per cent in early trade on Tuesday, with listed entities trading in the green amid improved investor sentiment following recent developments related to a US legal case involving group chairman Gautam Adani and his nephew Sagar Adani.Adani Green Energy emerged as one of the top gainers in the group, rising 5.38 per cent to Rs 1,442 in early trade on the BSE.Meanwhile, Adani Enterprises jumped as much as 3 per cent to touch an…
Washington, May 19 (IANS) Indian-American community leader and former presidential adviser, Ajay Bhutoria, on Monday hailed the dismissal of criminal charges against the Adani Enterprises Ltd, calling it a “definitive legal victory” and describing the Adani Group’s proposed $10 billion investment in the United States as a “game-changer” for the American infrastructure and technology leadership.In a statement issued from Silicon Valley, Bhutoria said the resolution marked a major turnin…
New York, May 18 (IANS) In yet another significant development, the US Department of Justice has permanently dropped all criminal charges against Gautam Adani and his nephew, Sagar Adani, in an alleged securities and wire fraud case.In a filing before the Eastern District of New York, the US Department of Justice requested dismissal of the indictment against Adani.”The Department of Justice has reviewed this case and has decided, in its prosecutorial discretion, not to devote further resources t…
New Delhi, May 14 (IANS) The US authorities are moving to resolve the allegations of fraud against Adani Group Chairman Gautam Adani and bring to an end the case, which has been lingering for more than a year, according to sources.The US Justice Department may announce the dropping of charges as early as this week. Besides, the Securities and Exchange Commission (SEC) is also moving to settle a parallel civil fraud case it brought against the billionaire industrialist and others in November 2024…
New Delhi, April 29 (IANS) Prominent renewable energy firm Adani Green Energy is aligning all its capacity expansion plans with its target of achieving 50 GW of renewable energy capacity by 2030, Executive Director Sagar Adani said on Wednesday.Speaking to the media on the sidelines of the ‘Resilient Futures Summit 2026’, he said every incremental addition to capacity is being planned in line with this long-term goal.The Executive Director of the company highlighted that Adani Group Chairman Gau…