New Delhi, April 29 (IANS) Sagar Adani, Executive Director of renewable energy major Adani Green Energy, said on Wednesday that at our core, we see ourselves not just as operators of infrastructure, but as builders of India’s energy backbone for the next several decades.Addressing the Economist Enterprise ‘Resilient Futures Summit’ here, Sagar Adani said India has seen a clear, consistent and increasingly execution-oriented policy direction.“From accelerating infrastructure development, …
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Ahmedabad, April 24 (IANS) Renewable energy major Adani Green Energy on Friday reported a strong performance for the March quarter of FY26, with its consolidated net profit rising 34 per cent year-on-year to Rs 514 crore, aided by strong EBITDA growth.The company had posted a net profit of Rs 383 crore in the corresponding quarter of the previous financial year, according to its stock exchange filing.Revenue from core operations during the January-March quarter also saw a healthy increase of 14 …
New York, April 8 (IANS) A US judge has granted a request from Billionaire industrialist Gautam Adani to schedule a hearing to dismiss a US Securities and Exchange Commission (SEC) case of alleged fraud. The plea states that the case represents an impermissible extraterritorial application of US law and that the SEC has failed to establish actionable claims under US securities laws.”The court has received Defendants’ letter requesting a pre-motion conference on their anticipated motion to dismis…
New York, April 8 (IANS) Emphasising that the lawsuit brought by the Securities and Exchange Commission (SEC) against him falls outside the US jurisdiction and fails to establish any wrongdoing, billionaire industrialist Gautam Adani has moved a US court seeking dismissal of the securities fraud lawsuit.Arguing that the case represents an impermissible extraterritorial application of US law and fails for lack of personal jurisdiction, Gautam Adani and his nephew Sagar Adani have asked a court in…
New York, April 7 (IANS) In a key development, Gautam Adani, the Adani Group Chairman, and his nephew Sagar Adani have asked a court in the US to dismiss a lawsuit brought by the Securities and Exchange Commission (SEC) against them. They argued though their lawyers that the case falls outside the US jurisdiction and fails to establish any wrongdoing.The defendants are seeking dismissal of the case in full and said they are prepared to appear for a pre-motion conference if required.Adanis said i…
Ahmedabad, April 1 (IANS) Adani Green Energy Limited (AGEL) on Wednesday said it added over 5 GW (5,051 MW) of renewable energy capacity in the financial year 2025–26, taking its total operational portfolio to 19.3 gigawatts (GW).It is the highest greenfield annual capacity expansion globally by any company, excluding China.The new capacity addition includes 3.4 GW (3,409 MW) of solar, 0.7 GW (686 MW) of wind, and 1 GW (956 MW) of wind-solar hybrid capacity. It is expected to offset around 10 …
New Delhi, March 27 (IANS) The Adani Group on Friday said it has been recognised with the Net Zero Leadership honour at the ‘India Climate Samman’ during the ‘India Climate Week 2026’ here.The recognition was presented by Shripad Naik, Union Minister of State for Power and New and Renewable Energy in the national capital, organised by the Carbon Markets Association of India.Dr Arun Kumar Sharma, Group Head ESG, Adani Group, accepted the honour on behalf of the organisation.“This recognition re…
Ahmedabad, March 6 (IANS) The Adani Group has been named as the official partner for the World Engineering Day for Sustainable Development (WED) 2026 — an International Day by UNESCO (United Nations Educational, Scientific and Cultural Organisation) and delivered by the World Federation of Engineering Organisations (WFEO).This is the first time an Indian organisation has been chosen by the WFEO to recognise the efforts of engineers on World Engineering Day for Sustainable Development.India’s…