Adani Group: Adani Group will invest 75 billion dollars by 2030 on energy transition, this action was seen in the shares.

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Adani Group: The bullish trend continued throughout the day in the Indian stock market. Meanwhile, Indian industrialist Gautam Adani (Gautam Adani) company Adani Group has announced to invest US $ 75 billion on the group’s energy transition initiative by the year 2030. Group Chairman Gautam Adani gave this information on Wednesday. After this, the shares of Adani Green Energy Limited saw a rise of more than 16 percent, while the shares of Adani Power also saw a rise of more than five percent. three o’clock in the afternoon Adani Green Energy Ltd The stock was trading at Rs 1,574.70 with a rise of 16.77 percent i.e. Rs 226.60. Whereas, Adani Power Ltd The shares were at Rs 560.70 with a rise of 4.19 percent i.e. Rs 22.55. Let us tell you that Gautam Adani has also earned about 10 billion dollars in the last seven days. Gautam Adani has also climbed the list of rich. He has become the 16th richest man globally. According to the Bloomberg Billionaires Index, the Adani Group chairman now has assets worth $70.3 billion.

Group will produce 45 gigawatt renewable energy

Adani said in a statement on Wednesday that this investment will boost the group’s vision of achieving 45 GW of renewable energy capacity by 2030. The group chairman said that we are committed to developing large-scale renewable energy, indigenous fully integrated manufacturing ecosystem and green hydrogen solutions. A total investment of $75 billion by 2030 on our energy transition initiative will advance our vision of 45 GW of renewable energy capacity by 2030. This will strengthen the role of AGEN in the path to decarbonise India. This investment will be made through Adani Green Energy Limited (AGEL). AGEL has emerged as the second largest global solar PV developer in the latest annual global report of US-based Mercom Capital Group. Its operational renewable energy portfolio is 8.4 GW, the largest in India. It is spread across 12 states, cumulatively offsetting more than 41 million tonnes of CO2 emissions.

Up to 20 percent jump in shares of Adani group companies

Shares of Adani Group jumped by 20 percent on Tuesday afternoon. The company’s shares have surged after a report came out which claimed that the fraud allegations against the Hinderberg Research group were not relevant. According to reports, the US International Development Finance Corp or DFC investigated allegations against the Adani Group before granting a loan for the Indian group’s port project in Sri Lanka. All 10 listed companies of Adani Group traded with sharp gains in early trade. The combined market capitalization of all the listed companies of the group reached the figure of Rs 13 lakh crore. On BSE, shares of Adani Energy rose by 20 percent, Adani Energy Solutions by 16.38 percent, Adani Total Gas by 15.81 percent, Adani Enterprises by 10.90 percent. Shares of Adani Ports and Special Economic Zone (APSEZ) rose 9.47 per cent, NDTV 8.49 per cent, Adani Wilmar 7.71 per cent, Adani Power 6.68 per cent, Ambuja Cements 6.17 per cent and ACC 5.65 per cent. Meanwhile, the 30-share BSE Sensex was trading 245.75 points, or 0.36 per cent, higher at 69,110.87, while the NSE Nifty rose 0.56 per cent to 20,801.90.

What is the market situation today?

Before the closing bell at 3 pm today, the Indian stock market index Sensex was trading at 69,627.17, up 0.48 percent or Rs 331.03. Whereas, Nifty was trading at 20,928.15, up 0.35 points or 73.05 points. Today, investors’ capital increased by Rs 2.17 lakh crore on Wednesday. Due to the continuous capital inflow of foreign institutional investors, the capital of investors has increased due to the domestic markets reaching new peaks. Domestic stock markets continued to rise for the seventh consecutive session on Wednesday and reached new highs. BSE’s 30-share Sensex jumped 303.25 points or 0.44 percent to reach a new record level of 69,599.39. Nifty also rose 100.05 points or 0.48 percent to reach a new all-time high of 20,955.15. Due to the sharp rise in the market, investors’ capital increased by Rs 2.17 lakh crore.

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