Ever wondered about how the power sector in our country works? And what are the opportunities that lie in the industry? For the first time since the liberalization policy in 1991, India’s power sector is going to change for good, in a way that could benefit both consumers as well as power companies. The Finance […]
What is the Indian Energy Exchange? The Indian Energy Exchange or IEX is an electronic power trading marketplace for electricity corporations and boards to trade contracts related to energy. In simple terms, just like how individuals can trade in the stock market to gain profit, electricity corporations can trade on the IEX to increase profitability […]
Adani Green is a renewable energy company owned and operated by the Adani Group, headquartered in Ahmedabad, Gujarat. The company’s share price has risen by 1207% in one year’s time. nly 20% of its commissioned solar and wind projects are generating electricity. Why did the share price rise so much? Is the share overpriced?
The Adani Group is an Indian multinational conglomerate that deals in Petroleum, Gas, Power, Green Energy, Infrastructure, etc. The group led by industrialist Gautam Adani has been in a stir in the past for tax evasion, charges of corruption, and environmental degradation. Moreover, Australians are hating on Adani, protesting, and trying to stop him from […]
Adani Power came out with its results recording a Net Loss standing at Rs 682 crore as compared to Rs 1,312.9 crore. in the quarter ending March 20′ decreasing Net Loss by 49%(QoQ). Q1 FY21 Q4 FY20 Q1 FY20 QoQ% YoY% Revenue 5,356.2 6,327.6 8,014.5 -15.35 -33.17 Net Profit/Loss -682.5 -1,312.9 -263.4 48.02 -159.19 Amount […]