Adani Group commits INR 28,000 crore to setting up 3.41 GW of pumped storage projects in Madhya Pradesh
Earlier this year, Adani Group also announced pumped storage investments in Tamil Nadu and Telangana.
Adani to build 1.35 GW of pumped storage, 100 MW data centre powered by renewables in Telangana
Adani Green Energy will set up 1.35 GW of pump storage projects with an investment of over INR 5,000 crore ($601.48 million) in the Indian state of Telangana. Adani Enterprises Ltd (AEL) will also invest over INR 5,000 crore in a 100 MW data centre, powered by renewable energy.
Vertical integration at scale key to reducing green hydrogen cost
Gautam Adani, chairman of Adani Group, says vertical integration at scale promises the greatest acceleration towards reducing the cost of green hydrogen from the current $3-5 per kilogram (kg) to the $1/kg mark.
Reliance’ green energy giga complex will be ready for commissioning this year, Adani announces further investment in Gujarat
Reliance Industries and Adani Group, which have made big investments in creating an integrated renewable energy ecosystem in Gujarat, announced their further plans for the state at the 10th Vibrant Gujarat Global Summit.
Promoters to invest $1,125 million equity in Adani Green
Adani Green Energy Ltd stated the funds will be utilized for deleveraging and accelerated capital expenditure to achieve 45 GW of renewable energy capacity by 2030.
Ambuja Cements commits INR 6,000 crore to 1 GW of solar, wind power projects
Ambuja Cements Ltd, part of the diversified Adani Group, plans investment in 750 MW of new renewable power generation capacity in Gujarat (600 MW solar and 150 MW wind) and a 250 MW solar power project in Rajasthan as it pursues cost reduction and environment sustainability across its cement manufacturing operations. The company will fund these projects through internal accruals.
Adani ‘Green Talks’ supports 5 social impact startups
Adani Group’s ‘Green Talks’ provides an open source platform to social entrepreneurs to develop their ideas and make them reality.
Adani Total Gas launches green hydrogen blending pilot in Ahmedabad
Adani Total Gas Ltd will blend green hydrogen with natural gas for over 4,000 home and commercial piped natural gas (PNG) customers during the pilot phase. The project will assess the viability of green hydrogen as an alternative energy source for city gas distribution (CGD) consumers.
Adani Green Energy posts INR 371 crore profit in second quarter
Indian developer Adani Green Energy Ltd reported a 53.7% year-over-year increase in consolidated total income to INR 2,589 crore ($311 million) in the second quarter (July-Sept) of FY 2024. Net profit (profit after tax) soared 150% YoY to INR 371 crore.
Adani Group forms JV for marketing of green hydrogen in Japanese market
Adani New Industries Ltd (ANIL), an arm of Adani Group, expects to start green hydrogen production from its Gujarat facility by FY 2027.
