Shares of Adani Group decline as secret investments are exposed. Allegations of offshore operations and share price manipulation shake investor confidence. Can the conglomerate recover?
Stay updated on macroeconomic data releases, earnings reports, and global trends affecting equity markets this week, along with the impact on Indian rupee and oil prices.
Moody's report reveals the credit quality of India's renewable energy independent power producers may vary depending on their chosen paths over the next few years, with green hydrogen investment leading to further differentiation. Three leading producers are Greenko Energy Holdings, Renew Power Private Limited, and Adani Green Energy.
Fitch Ratings affirms BBB- rating on Adani Green Energy Restricted Group 2's $362.5m senior secured notes with a stable outlook, based on strong solar portfolio and credit metrics. Debt-service coverage ratio is higher than required for this rating, but country ceiling limits credit assessment.
Fitch Ratings affirms BBB- rating on Adani Green Energy Restricted Group 2's $362.5m senior secured notes with a stable outlook, based on strong solar portfolio and credit metrics. Debt-service coverage ratio is higher than required for this rating, but country ceiling limits credit assessment.
Shares of Adani Group decline as secret investments are exposed. Allegations of offshore operations and share price manipulation shake investor confidence. Can the conglomerate recover?
Stay updated on macroeconomic data releases, earnings reports, and global trends affecting equity markets this week, along with the impact on Indian rupee and oil prices.
Adani Green Energy (AGEL), India's largest renewable energy company, latest milestone has been achieved when their operational wind energy capacity crossed 1GW. This renewable energy giant is well on track to reach their vision of 45GW capacity by 2030 with the help of their 25 year Power Purchase Agreement with Solar Energy Corporation of India (SECI). Gautam Adani, the promoter and chairman of Adani Group, is Chairman of AGEL. They are leading the way in renewable, sustainable energy production in India and creating a green future for generations to come.