Tag: Adani power

Bangladesh pays 4 million to Adani Power to clear majority of dues

Bangladesh pays $384 million to Adani Power to clear majority of dues

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Image for representation only | Photo Credit: Reuters Bangladesh paid $384 million to Adani Power in June, significantly reducing its outstanding dues under a power supply agreement with the Indian firm, according to sources. In June (till June 27), Bangladesh has paid $384 million of the committed $437 million to be paid during the month, […]

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Adani stocks slide again, flagship Adani Enterprises slumps 7% 

Adani stocks slide again, flagship Adani Enterprises slumps 7% 

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File photo of Adani Group building at Adani Shantigram near Ahmedabad. | Photo Credit: Vijay Soneji Shares of Adani Group companies fell on Tuesday with flagship Adani Enterprises Ltd. slumping 7% on the BSE amid fresh concerns about debt repayment at the highly leveraged conglomerate. Other group companies including Adani Green Energy, Adani Total Gas, […]

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NSE, BSE to put Adani Power under short-term ASM again

NSE, BSE to put Adani Power under short-term ASM again

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The NSE and BSE said they will include Adani Power under the short-term additional surveillance measure (ASM) framework from March 23 | Photo Credit: Reuters Leading bourses NSE and BSE on Wednesday said they will include Adani Power under the short-term additional surveillance measure (ASM) framework from Thursday. Adani Power is shortlisted in short-term ASM […]

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NSE, BSE to put Adani Power under short-term ASM again

Adani Power’s ₹7,000 crore deal to buy DB Power assets falls through

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Illustration for representation | Photo Credit: Reuters Adani Power Ltd’s ₹7,017-crore deal to buy thermal power assets of DB Power has fallen after the initial pact expired. “We wish to inform that the long stop date under the memorandum of understanding dated August 18, 2022, has expired,” Adani Power said in a regulatory filing on […]

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NSE, BSE to put Adani Power under short-term ASM again

Adani Power’s ₹7,000 crore deal to buy DB Power assets falls through

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Illustration for representation | Photo Credit: Reuters Adani Power Ltd’s ₹7,017-crore deal to buy thermal power assets of DB Power has fallen after the initial pact expired. “We wish to inform that the long stop date under the memorandum of understanding dated August 18, 2022, has expired,” Adani Power said in a regulatory filing on […]

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Adani Power to acquire DB Power for ₹7,017 crore

Adani Power to acquire DB Power for ₹7,017 crore

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The acquisition will help Adani Power expand its offerings and operations in the thermal power sector in the state of Chhattisgarh The acquisition will help Adani Power expand its offerings and operations in the thermal power sector in the state of Chhattisgarh Adani Power on Friday said it will acquire DB Power Ltd., which owns […]

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