Adani Power shares will remain in focus on Tuesday, January 7, after the Supreme Court on Monday agreed to examine the company’s appeal against the Punjab State Electricity Regulatory Commission’s (PSERC) refusal to approve a 2006 power purchase agreement (PPA) between the former Udupi Power Corp and a Punjab state discom. A Bench led by…
READ MOREShares of Adani Power today jumped 3.5% in an early trade to their dayβs high of Rs 606.70 on the BSE after the company announced that its board will consider raising funds worth Rs 5,000 crore via non-convertible debentures (NCDs) at its upcoming board meeting. βWe would like to inform you that the meeting of…
READ MOREShares of Adani Power and Adani Green surged nearly 5% today, hitting intraday highs of Rs 665.90 and Rs 1,870, respectively, on the BSE. This rise followed the announcement that the Maharashtra State Electricity Distribution Company (MSEDCL) had issued letters of intent for the supply of 6,600 MW of hybrid solar and thermal power. Under…
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