In Short : Adani Group plans to invest ₹1.3 lakh crore across its portfolio companies this fiscal year. This substantial investment will support expansion in infrastructure, renewable energy, and other sectors, aligning with the group’s growth strategy and economic contributions. In Detail : Asserting that this year will be about project completion, Jugeshinder Singh said […]
Adani group to hit the road this week to raise up to Rs 33,254 crore – EQ
In Short : The Adani Group is set to raise up to Rs 33,254 crore through a series of investor meetings and roadshows starting this week. This fundraising effort aims to support the group’s expansion plans and strengthen its financial position across various sectors. In Detail : Adani Energy Solutions seeks to garner Rs 12,500 […]
Adani Group to invest over ₹1.2 lakh crore across portfolio companies in FY25; 70% for renewable business – EQ
In Short : In FY25, Adani Group plans to invest over ₹1.2 lakh crore across its portfolio companies, with 70% allocated for the renewable energy sector, emphasizing its commitment to sustainable growth and green initiatives. In Detail : Adani Group is all set to exponentially boost its planned investments in the next fiscal year ending […]
Adani Group to invest $14 bn in FY25 – EQ
In Short : As much as 70 per cent of the planned capex will go into its green portfolio — primarily renewable power, green hydrogen, green evacuation. Of the remaining 30 per cent, the majority will be spent towards airports and port businesses, they said. In Detail : According to analysts, the portfolio is estimated […]
Adani group plans to invest about Rs 75,000 crore in Madhya Pradesh – EQ
In Short : The Adani Group plans to invest about Rs 75,000 crore in Madhya Pradesh. This significant investment indicates the company’s commitment to contributing to the state’s economic development, possibly across various sectors, fostering infrastructure growth, and creating job opportunities. In Detail : The planned Rs 75,000 crore will generate over 15,000 direct and […]
WEF 2024: After Telangana, Adani announces ₹50,000 cr investment in Maharashtra – EQ
In Short : Following investments in Telangana, Adani Group announces a significant investment of ₹50,000 crores in Maharashtra. This commitment likely involves diverse sectors, contributing to economic growth and infrastructure development in the state. In Detail : Adani Enterprises will set up 1 GW hyperscale data infrastructure in Mumbai or Navi Mumbai and Pune over […]
Green Hydrogen: The final step towards a Zero Carbon Future – EQ
Mr. Gautam Adani, Chairman, Adani Group, in his WEF 2024 blog: Highlights significance of Green Hydrogen as an alternative to fossil fuels Discusses the importance of broader adoption of Green Hydrogen, calling for decreased production costs and optimising through vertical integration to do so Talks about reduction in cost of production from $3-5/kg towards $1/kg […]
Adani Group signs pact for Rs 42,700 crore investment in Tamil Nadu – EQ
In Short : The Adani Group has entered into an agreement for a substantial investment of Rs 42,700 crore in Tamil Nadu. This significant commitment underscores the group’s dedication to contributing to the state’s economic development and infrastructure growth, potentially spanning various sectors such as energy, logistics, and manufacturing. In Detail : The Adani Group’s […]
Adani group to spend Rs 7 trn in capex over next ten years across verticals – EQ
In Short : The Adani Group has outlined plans to invest Rs 7 trillion in capital expenditure (capex) over the next decade across various business verticals. This significant investment reflects the group’s commitment to expanding and diversifying its operations, contributing to economic growth and development across sectors. In Detail : Adani group will spend Rs […]
Adani Group to invest USD 75 bn to scale up AGEL’s RE portfolio to 45 GW: Gautam Adani – EQ
In Short : According to Gautam Adani, the Adani Group plans to invest $75 billion to scale up Adani Green Energy Limited’s (AGEL) renewable energy portfolio. The ambitious plan aims to increase AGEL’s renewable energy capacity to 45 gigawatts (GW). This significant investment reflects the commitment of the Adani Group to expanding its presence in […]