Adani family investment 9,350 cores, green energy projects

In Adani Keer's energy company, the Adani family paid Rs.Rs 9,350 crore. The company has said that it will invested.

Adani Group

OBJECTIVE OF INVESTMENT

The investment will be used for Adani Green Energy's capital expenditure to achieve 45 GW of renewable energy capacity by 2030.

The amount of investment is Rs. 9,350 crore

The share price is Rs. 1,480.75

Duration of investment,

This is a private investment and there is no information on its duration.

However, this transaction is subject to the approval of shareholders attending the next general meeting to be held on January 18.

Earlier, Adani Green Energy secured Rs,11,288 crore in financing from eight leading international banks to start construction of a 2,167 MW solar power project facility in Gowda, Gujarat.

It has also announced that it will raise additional capital of Rs 25,000 crore.

Impact of investment,

This investment is expected to help grow the renewable energy sector in India.

Adani Green Energy will help the company emerge as one of India's leading renewable energy companies.

Additional information,

The investment was announced on December 27, 2023.

The investment was made by the Adani family from their own funds.

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