This follows the binding agreement announced between AGEL and TotalEnergies in September 2023. The JV houses the 1,050 MW portfolio comprising a mix of already operational (300 MW), under construction (500 MW), and under development assets (250 MW) with a blend of both solar and wind power projects in India.
Ambuja Cements' announcement to invest Rs 6,000 crore comes after the Gautam Adani-led conglomerate announced that it would invest $100 billion in green energy transition over a decade.
Hindenburg Research's report triggered a sharp sell-off in the Adani Group stocks as Adani Enterprises tumbled about 75 per cent from its peak at Rs 4,189.55 to Rs 1,017.10.
Adani Ports share price today: Adani Ports shares ended 2.04% higher at Rs 1063.65 on Wednesday, marginally lower than the record high hit a few sessions ago.
MC Adani Group will invest $100 billion in green energy transition over the next decade across its ports, power and cement operations as it aims to become a net zero emitter by 2050. Five companies of the billionaire Gautam Adani-led group are actively sourcing renewable energy sources, electrifying operations and adopting biofuels to slash emissions,…