Adani Enterprises experienced a marginal uptick in early trade on January 15 following the announcement that the Adani group flagship had secured an order from the Solar Energy Corporation of India (SECI) to establish manufacturing capacity for electrolysers in India.
As of 9:31 am, Adani Enterprises traded 0.73% lower at ₹3,081.40.
In an exchange note, the company revealed, “Adani New Industries, a wholly owned subsidiary, has received a Letter of Award (LoA) from Solar Energy Corporation of India (SECI) for setting up electrolysers manufacturing capacity of 198.5 MW per annum in India under strategic interventions for Green Hydrogen Transition Scheme (Tranche-I).” The project, covered by the production-linked incentive scheme, is slated to be completed within 30 months from the date of the LoA.
