Adani Ports crosses Rs.1 trillion mark in market cap post bond issue
PORTS & SHIPPING

Adani Ports crosses Rs.1 trillion mark in market cap post bond issue

The Gautam Adani-led Adani Ports and Special Economic Zone (APSEZ) has crossed Rs.1 trillion in market capitalisation for the first time, following news of Adani International Container Terminal having settled its first $300 mn public dollar bond issue on December 21, 2020. AICTPL is 50:50 join...

The Gautam Adani-led Adani Ports and Special Economic Zone (APSEZ) has crossed Rs.1 trillion in market capitalisation for the first time, following news of Adani International Container Terminal having settled its first $300 mn public dollar bond issue on December 21, 2020. AICTPL is 50:50 joint venture between APSEZ and Terminal Investment (TiL), the sixth largest container terminal operator in the world. The issue had large participation from marquee investors, with interests coming from around 220 accounts leading to about 10 times oversubscription. The 10 year bond was priced at par to yield 3 per cent, which is the lowest coupon achieved by any corporate Indian issuer in the last five years.Contact: Adani Ports and Special Economic ZoneTel: 079-2656 5555.Website: www.stage.adaniports.com

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Infrastructure Energy

SWELECT Secures 150 MW Solar Orders

SWELECT Energy Systems, a leading player in India’s renewable energy sector, has secured orders exceeding 150 MW for its high-efficiency TOPCon Bi-facial solar PV modules. These orders highlight the company’s technological leadership and strong market credibility.SWELECT maintains a 100 per cent success rate in module testing, with every unit passing TÜV and accredited lab evaluations on the first attempt. Additionally, the modules, backed by third-party reinsurance, are undergoing Extended Reliability Testing (ERT) to ensure long-term performance.In a major financial move, SWELECT has ra..

Next Story
Infrastructure Energy

SWELECT Secures 150 MW Solar Orders

SWELECT Energy Systems, a leading player in India’s renewable energy sector, has secured orders exceeding 150 MW for its high-efficiency TOPCon Bi-facial solar PV modules. These orders highlight the company’s technological leadership and strong market credibility.SWELECT maintains a 100 per cent success rate in module testing, with every unit passing TÜV and accredited lab evaluations on the first attempt. Additionally, the modules, backed by third-party reinsurance, are undergoing Extended Reliability Testing (ERT) to ensure long-term performance.In a major financial move, SWELECT has ra..

Next Story
Infrastructure Energy

NTPC Green, NTPC Rise on Rs 960 Bn Clean Energy Plan in Chhattisgarh

NTPC and its subsidiary, NTPC Green Energy (NGEL), saw an upward trend in their share prices on Tuesday following the announcement of a substantial investment plan in Chhattisgarh’s clean energy sector. NTPC shares recovered from initial losses to gain nearly 0.2 per cent, while NGEL surged by approximately 1.5 per cent during intraday trading. The company formalised its commitment to renewable energy expansion by signing multiple agreements with the Chhattisgarh government at the Chhattisgarh Energy Investors Summit-2025, held in Raipur. The total investment is estimated at Rs 960 billion..

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