Adani Power shares slightly up after RIL acquires 26% stake in Mahan Energen's unit
Mumbai/IBNS: The shares of Adani Power were slightly up on Wednesday (July 10), a day after the company's wholly owned subsidiary Mahan Energen Ltd. (MEL) announced that it has entered into a 20-year power purchase deal for 500 MW with Reliance Industries Limited (RIL).
Adani Power Q3FY24: Consolidated profit drops 48% YoY to Rs 2,737 cr
Ahmedabad: Adani Power, led by Gautam Adani, witnessed a 47.8 percent drop in its consolidated net profit to Rs 2,737 crore for the quarter ending March 2024 (Q4FY24).
Ambani, Adani collaborate as Reliance buys 26% stake in Adani Power project
Mumbai: In a first-ever collaboration between competing billionaires, Reliance Industries, led by Mukesh Ambani, has acquired a 26 percent stake in a Madhya Pradesh power project belonging to Gautam Adani.
CCI approves 100% acquisition of Lanco Amarkantak Power by Adani Power
New Delhi: The Competition Commission of India (CCI) has approved the 100% acquisition of Lanco Amarkantak Power Limited by Adani Power Limited.
Adani Power gets creditors' consent to acquire Lanco Amarkantak Power
Mumbai: Adani Power has obtained consent from creditors for its proposed acquisition of insolvent Lanco Amarkantak Power, the company said in a stock market filing.
Adani Power's Jharkhand plant starts supply to Bangladesh
Godda (Jharkhand): Adani Power has commenced power exports to Bangladesh from its 1,600MW power plant located in Godda, Jharkhand, the company said in a statement on Tuesday.
Adani Power cancels Rs 70.2 billion DB Power buyout in Chhattisgarh
Mumbai/IBNS: Adani Power has informed the stock exchanges that it has cancelled its proposal to purchase a coal plant project located in central India and that there has been no further development on this issue, news agency ANI reported.
Adani Power's Q3FY23 net profit dips 96 pc y-o-y to Rs 8.7 cr
Mumbai: Adani Power, a part of Adani Group, on Wednesday said its consolidated net profit dipped 96 percent year-on-year Rs 8.7 crore for Q3FY23.