GQG Partners, a major investor in Adani Group, experienced a 13% drop in share price following a UBS downgrade, losing A$600 million in value amid US bribery and securities fraud charges against Gautam Adani and associates. The situation has raised concerns over Adani Green Energy's power supply agreement with Andhra Pradesh, which could lead to increased tariffs for consumers if cancelled. Despite the challenges, Adani Group's recent stock performance indicates some investor confidence remains.
JSW Energy's subsidiary, JSW Renew Energy Eleven, has signed a Power Purchase Agreement with the Solar Energy Corporation of India (SECI) to supply power from a 700 MW solar project for 25 years at a tariff of Rs 2.56/kWh. The project, awarded under SECI Tranche XIII, is expected to be commissioned within 24 months. JSW Energy aims to reach 10 GW of operational capacity by FY25, currently operating 7.9 GW across various energy sources.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.
