Adani Power placed in ‘Leadership’ category in ESG, outperformed industry benchmarks: CareEdge
New Delhi, March 24 (IANS) Adani Power has been assigned an ESG rating of 80.0 by rating agency CareEdge, placing it in the Leadership category — despite the fact that the company operates in the carbon intensive thermal power sector, it was announced on Tuesday. India’s largest private power generator significantly outperformed industry benchmarks on […]
Adani Power to supply 558 MW high-quality power to benefit Tamil Nadu consumers
Ahmedabad, Feb 24 (IANS) Adani Power on Tuesday said that its subsidiary Moxie Power Generation Ltd (MPGL) has received a Letter of Award (LoA) from Tamil Nadu Power Distribution Corporation (TNPDCL) for supply of 558 MW (net) power for a period of five years. The power supply agreement is expected to benefit Tamil Nadu consumers […]
NSE Sustainability recognises Adani Power for outstanding ESG performance, awards ‘Aspiring’ category
Ahmedabad, Dec 16 (IANS) In a fillip to its unwavering commitment to environmental, social and governance (ESG) principles, Adani Power Ltd on Tuesday said that NSE Sustainability Ratings and Analytics Limited, a subsidiary of NSE Indices Ltd and part of the National Stock Exchange of India (NSE) group, has appraised it based on publicly available […]
Jefferies gives Adani Power buy rating with target price of Rs 660, an upside of 30 pc
New Delhi, Feb 4 (IANS) Global brokerage firm Jefferies on Tuesday initiated coverage on Adani Power Limited (APL), with a buy rating and target price of Rs 660, indicating an upside of 30 per cent from current levels. Adani Power is India’s second-largest thermal power generation company after NTPC, on its journey to raise capacity […]
Adani Power logs 7.4 pc net profit growth in Q3, revenue up 11 pc
Ahmedabad, Jan 29 (IANS) Adani Power on Wednesday reported 7.4 per cent growth in net profit at Rs 2,940 crore in Q3 FY25, compared to Rs 2,738 crore in the same period last fiscal (FY24). Consolidated EBITDA for Q3 FY25 was higher by 23 per cent at Rs 6,185 crore compared to Rs 5,009 crore […]
