Tag: Adani power

Adani Power cuts supply to Bangladesh amid $846M unpaid bills.(REUTERS/Dado Ruvic)
Posted in Business

Adani Power cuts electricity supply to Bangladesh over unpaid bills: Report

Adani Power Jharkhand Limited (APJL), a subsidiary of Adani Power, has halved its power supply to Bangladesh due to unpaid bills amounting to USD 846…

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Adani group chairman Gautam Adani has requested Bangladesh's chief advisor to expedite the clearance of $800 million in dues from the Bangladesh Power Development Board.(ANI)
Posted in Business

Gautam Adani wants Bangladesh to pay $800 million power dues soon: ‘I request…’

Sep 10, 2024 10:47 AM IST Gautam Adani has requested Muhammad Yunus to expedite the clearance of $800 million owed by Bangladesh Power Development Board…

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Adani Power is in talks with Bangladesh’s interim government to sort out this issue (Reuters)
Posted in Business

Adani Power has $800 million in unpaid dues from Bangladesh

Billionaire Gautam Adani’s power generating unit has raked up unpaid dues of as much as $800 million from Bangladesh, where weeks of violent protests left…

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Adani Group chairman Gautam Adani is seen. (ANI)
Posted in Business

Adani Group looking to sell up to 5% stake in Adani Power, Ambuja Cements: Report

Aug 22, 2024 03:33 PM IST Promoters of Adani Group are looking to sell 5 per cent stake in Adani Power and Ambuja Cements each,…

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Billionaire Gautam Adani speaks during an interview at his office in the western Indian city of Ahmedabad April 2, 2014. (Amit Dave/Reuters)
Posted in Business

India changes power export contract rules in potential gain for Adani, but Adani committed to supply power to Bangladesh

Aug 15, 2024 09:23 PM IST Adani Power says India is not obligated to buy power from them even though the rules now allow companies…

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Adani Power saw its net profit fall 55.33% (Reuters)
Posted in Business

Adani Power Q1 2024-25 results: Net profit falls 55.33%, revenue up 9.97%

Jul 31, 2024 04:06 PM IST Adani Power recorded a 55.33% fall in revenue for Q1 2024-25 Adani Power Ltd has released its first quarter…

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It is expected to commission its second 800 MW unit soon.(PTI/ Representative image )
Posted in Business

Adani Power begins electricity supply from J’khand’s Godda plant to Bangladesh

Adani Power on Sunday said that it has begun supplying electricity from its plant in Godda in Jharkhand to Bangladesh. It is expected to commission…

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However, shares of Adani Green Energy jumped 4.84 per cent, Adani Transmission climbed 3.78 per cent and Adani Total Gas gained 2.49 per cent(PTI)
Posted in Business

Seven Adani group stocks end lower amid weak broader market trend

Out of the ten listed firms of the Adani group, seven companies ended the day in the negative territory on Friday amid a weak trend…

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LIC's debt exposure in Adani group companies dips marginally to Rs 6,183 crore as of March 5
Posted in Economy

LIC’s debt exposure in Adani group companies dips marginally to Rs 6,183 crore as of March 5

LIC‘s debt exposure in Adani group companies fell marginally to Rs 6,183 crore as of March 5 from Rs 6,347 crore as of December 31,…

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Adani Power subsidiary terminates MoU with Orient Cement
Posted in Business

Adani Power subsidiary terminates MoU with Orient Cement

PTI | | Posted by Singh Rahul Sunilkumar Adani Power on Friday said its subsidiary APML and Orient Cement have decided to terminate a pact…

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