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Adani Energy Solutions raises USD 1 bn in record Qualified Institutional Placement

Adani Energy Solutions Limited (AESL) has achieved a milestone by raising Rs 8,373 crore (USD 1 billion) through its Qualified Institutional Placement (QIP), marking the largest QIP ever conducted in India’s power sector. According to a press release, the QIP, which is AESL’s first equity raise since its demerger and listing from Adani Enterprises Limited […]

Adani’s Ambitious $360 Million Venture To Power Gujarat’s Green Future

Adani Energy’s master plan revolves around the commissioning of the 765-kilovolt Halvad transmission line    The acquisition of Halvad Transmission, a crucial renewable energy transmission network project in Gujarat, marked a major accomplishment for Adani Energy Solutions. The winning proposal, which was revealed on Wednesday, represents Adani Energy’s victory over strong rivals in a difficult […]