Adani Green Energy touches roof as its arm receives LoA for 300 MW Wind Power Project
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Adani Green Energy is locked at upper circuit limit of Rs. 1251.05, up by 59.55 points or 5.00% from its previous closing of Rs. 1191.50 on the BSE.
The scrip opened at Rs. 1251.05 and has touched a high and low of Rs. 1251.05 and Rs. 1233.40 respectively. So far 25409 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,251.05 on 22-Mar-2021 and a 52 week low of Rs. 128.25 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 1251.05 and Rs. 1081.00 respectively. The current market cap of the company is Rs. 186352.30 crore.
The promoters holding in the company stood at 74.92%, while Institutions and Non-Institutions held 23.10% and 1.99% respectively.
Adani Renewable Energy Holding Fifteen (AREHFL), a subsidiary of Adani Green Energy (AGEL) had participated in the tender issued by the Solar Energy Corporation of India (SECI) for setting up 1,200 MW ISTS-connected Wind Power Project (Tranche-X) and received the Letter of Award (LoA) to set-up 300 MW Wind Power Project under this tender. The fixed tariff for this project capacity is Rs 2.77/kWh for a period of 25 years.
With this, AGEL’s total renewable capacity now stands at 15165 MW, of which 3395 MW renewable plants are operational and 11770 MW projects are under implementation.
Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy like solar and wind.
