Adani Green Energy Twenty Five Limited, a step-down subsidiary of Adani Green Energy (AGEL) has commissioned a 250 MW solar power project at Badi Sid, District: Jodhpur, Rajasthan. With commissioning of this plant, AGEL`s total operational renewable generation capacity has increased to 11,434 MW.Based on the relevant clearances, it was decided at 11.45 p.m. on 11 December 2024 to declare commissioning of the plant.Powered by Capital Market - Live News

Statement issued by Adani Green Energy:The United States Department of Justice and the United States Securities and Exchange Commission have issued a criminal indictment and brought a civil complaint, respectively, in the United States District Court for the Eastern District of New York, against our Board members, Gautam Adani and Sagar Adani. The United States Department of Justice have also included our Board member, Vneet Jaain, in such criminal indictment. In light of these developments, our subsidiaries have presently decided not to proceed with the proposed USD denominated bond offerings. Powered by Capital Market - Live News

Adani Green Energy announced that its 100% step-down subsidiaries Adani Hybrid Energy Jaisalmer One, Adani Hybrid Energy Jaisalmer Two and Adani Solar Energy Jaisalmer One (Issuers) are offering USD-denominated Rule 144A / Regulation S senior secured notes (Notes) with 20 years door to door tenor and ~13.09 years weighted average life may follow, subject to market conditions. The Issuers intend to use the gross proceeds of the Notes to repay their foreign currency loans. The Notes are expected to be rated BBB-/Stable (EXP) by Fitch, Baa3/Stable by Moody`s and BBB+/Stable by CAREEDGE GlobalPowered by Capital Market - Live News

Net profit of Adani Green Energy declined 25.81% to Rs 276.00 crore in the quarter ended September 2024 as against Rs 372.00 crore during the previous quarter ended September 2023. Sales rose 37.55% to Rs 3033.00 crore in the quarter ended September 2024 as against Rs 2205.00 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales3033.002205.00 38 OPM %72.7077.05 - PBDT1157.00903.00 28 PBT539.00429.00 26 NP276.00372.00 -26 Powered by Capital Market - Live News

Adani Green Energy will hold a meeting of the Board of Directors of the Company on 22 October 2024.Powered by Capital Market - Live News