Gautam Adani plans to invest ₹9,350 crore ($1.1 billion) in Adani Green Energy (AGEL) to deleverage the country's biggest producer of non-polluting power and help it achieve a 45-gigawatt output target by 2030.
Shares of Adani Green Energy Ltd (AGEL) on Tuesday jumped over 4 per cent as Gautam Adani and his family will inject Rs 9,350 crore into the conglomerate's green energy arm to equip it to achieve the 45 GW target by 2030 and to meet debt payment obligations.
The stock rallied 4.30 per cent to Rs
The shares of the company rose over four per cent on the bourses on Tuesday as fund infusion by promoters is seen as a sign of their confidence in the company
Adani Green Energy shares jump over 4 pc; mcap climbs Rs 10,446.7 cr financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Adani Green Energy shares jump over 4 pc; mcap climbs Rs 10,446.7 cr devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Mumbai: TDR Scam Brewing In Dharavi Project? Congress Alleges Rules Tweaked For Adani group freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
The Maharashtra government filed an affidavit in the Bombay High Court, justifying the decision to award the tender for redeveloping Dharavi slums to Adani Properties