Adani Green Energy made a new record, reference to construction facility with $ 1.06 billion


New Delhi:
The country’s largest company Adani Green Energy Limited (AGEL) has set a new record towards financial management in renewable energy sector. AGEL has successfully reflected its only construction facility from $ 1.06 billion to develop its only construction facility to develop the country’s largest solar-wind hybrid renewable cluster in Rajasthan. It was taken in 2021. This loan has been taken for a total period of 19 years. It will be completely repaid at the end of the loan period.

Three rating agencies rated AA+/Stable

With this, the company has completed its capital management program for the underling assets portfolio. This includes achieving long -term facilities with the Cash Flow Life Cycle of Portfolio. The company said that the decision of Refinening of Adani Green Energy has been given by three domestic rating agencies by AA+/Stable. These agencies include ICRA, India ratings and careers ratings.

Adani Green Energy Limited (AGEL) is the largest company in India in the field of renewable energy. It is one of the world’s leading renewable energy companies producing clean energy. AGEL develops and operates the grid-connected solar, wind, hybrid and hydro pump storage renewable energy plants of the Utility scale. AGEL has a portfolio for operating 12.2 GW renewable energy. It is the largest in India. It is spread in 12 states.

Profile of Adani Green Energy Limited

AGEL has targeted India to achieve a capacity of 50 GW by 2030 according to India’s Dicarbonization goals. AGEL focuses on availing technology to reduce levilized clean energy (LCOE) to enable cheap clean energy on a large scale. AGEL is building the world’s largest renewable energy plant (30 GW) on barren barren land in Khavda, Gujarat. This plant is spread over 538 square kilometers, it is five times larger than Paris. The plant is certified by water positive, single -use plastic and zero waste landfill for plastic with more than 200 MW capacity plants. This is a proof of AGEL’s commitment to promote sustainable development.

Also read: Startups completed Rs 35,950 crore with the help of government e-marketplace


(Tagstotranslate) Adani Group (T) Gautam Adani (T) Rajasthan Solar Power Plant (T) Wind Energy (T) Clean Energy (T) Refinance (T) Refinance (T) Decarbonization (T) Decarbonization (T) Decarbonization (T) Decarbonization (T) Angel (T) Angel (T) Gautam Green Energy (T) Clean Energy (T) Renewable Energy (T) Solar Wave (T) Pawan Energy
Share Now

Related Posts

Two Bonds of Adani Green received ‘Overweight’ upgrade from JP Morgan, both told attractive

New Delhi: 2 Restricted Group (RG) Bonds of Adani Green Energy Ltd. have been upgraded by American Investment Bank JP Morgan. In a note released on Wednesday, the bank said…

Digital payment huge boom, transactions over 18,120 crore till January, UPI leads

New Delhi: According to the information given by the Central Government, in FY 2025, till January this year, Digital Payment Transactions including UPI (Unified Payments Interface) have been recorded more…

Leave a Reply

Your email address will not be published. Required fields are marked *