SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Adani Green Energy soars with arm commissioning 50 MWac Solar Power Project

13 May 2019 Evaluate

Adani Green Energy is currently trading at Rs. 39.65, up by 0.70 points or 1.80% from its previous closing of Rs. 38.95 on the BSE.

The scrip opened at Rs. 39.50 and has touched a high and low of Rs. 39.90 and Rs. 38.90 respectively. So far 3140 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 77.60 on 07-Aug-2018 and a 52 week low of Rs. 22.75 on 02-Jul-2018.

Last one week high and low of the scrip stood at Rs. 41.60 and Rs. 37.60 respectively. The current market cap of the company is Rs. 6091.84 crore.

The promoters holding in the company stood at 86.50%, while Institutions and Non-Institutions held 10.50% and 3.00% respectively.

Adani Green Energy’s Wholly-owned Subsidiary -- Adani Green Energy (UP) has commissioned 50 MWac Solar Power Project on May 10, 2019 in the state of Uttar Pradesh. The off-taker for the said Project is Uttar Pradesh Power Corporation (UPPCL). The PPA is for 25 years.

The approved PPA tariff, at present, is Rs 5.07/kWh. The Company has filed an appeal before Appellate Tribunal for Electricity (APTEL) challenging reduction in PPA tariff from Rs 8.44/kWh to Rs 5.07/kWh by Uttar Pradesh Electricity Regulatory Commission (UPERC).

Further, Adani Renewable Energy Park (Gujarat) (AREPGL), a wholly owned Subsidiary of Adani Green Energy had also won bid for setting up 250 MWac wind power project in the Tender issued by Solar Energy Corporation of India (SECI).

Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy like solar and wind.

Adani Green Energy Share Price

1085.15 -0.15 (-0.01%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 386.15
Tata Power 409.45
Adani Power 181.40
Power Grid Corp 300.30
Torrent Power 1474.75
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×