While the Karnataka State Government is promoting green energy, little or no thought has been given on handling the solar panel waste.
The RPO target of the State for 2022-23 is 11.5 pc which means 11.5 pc of electricity consumed in Odisha has to be renewable energy in the current fiscal.
The MoU for the project was exchanged between the government and the firm on the sidelines of the World Economic Forum in Davos.
Besides, it may consider pre-IPO placement. If such placement is completed, the fresh issue size will be reduced. Proceeds from this will be used for the payment of debt and general corporate purposes
These rules are notified for promoting generation, purchase and consumption of green energy including through waste-to-energy plants.
The projects will be crucial in the development of industrialisation in Andhra Pradesh.
Adani Green Energy has lost its spot in the coveted list of India’s top 10 most valuable listed companies.
The equity shares will be listed on BSE Limited and the National Stock Exchange of India Limited.
Total income in the fiscal rose to Rs 5,548 crore from Rs 3,520 crore in 2020-21. The sale of energy increased by 72 per cent year-on-year to 9,426 million units in FY'22.
The Initial Public Offering (IPO) was slated to issue fresh shares worth Rs 370 crore, besides an Offer for Sale (OFS) of equity stocks aggregating to Rs 370 crore by Inox Wind.
Adani Green Energy commanded a market valuation of Rs 4,48,050.99 crore on BSE to take the eighth spot on the top-10 list.
KERDL has proposed, for 2022-27, a target of generating 10 gigawatt of renewable energy, up from the present 6000MW.
The company said the facility will initially finance the 450 MW hybrid portfolio of solar and wind renewable projects that AGEL is setting up in Rajasthan, India.
Shares of Adani Enterprises on Monday crashed 25 per cent intra-day to Rs 1,201 on the BSE. Similarly, Adani Ports and Special Economic Zone (APSEZ) plummeted 19 per cent during the day.