Adani Green Energy operationalizes an incremental 448.95 MW of solar power projects in Gujarat In Short – Adani Green Energy achieves another milestone by operationalizing an additional 448.95 MW of solar power projects in Gujarat. This expansion underscores Adani’s commitment to renewable energy development in India and contributes significantly to the nation’s clean energy goals. […]
Adani Green hydrogen unit aims to get up to USD 3 bn in loans – EQ
Adani Green hydrogen unit aims to get up to USD 3 bn in loans In Short-Adani Green’s hydrogen division is targeting up to $3 billion in loans, highlighting its ambitious financial plans for advancing hydrogen-related initiatives in the energy sector. In Detail- Green Hydrogen Investment Adani New Industries Ltd. is in discussions to secure up […]
Indian tycoon Adani bets big on vast solar and wind plant – EQ
In Short : Indian tycoon Adani makes significant investments in a vast solar and wind plant, showcasing a commitment to renewable energy. This move aligns with Adani’s strategy to expand its presence in the clean energy sector and contribute to India’s sustainable development goals. In Detail : When complete in 2027, the $2.3-billion Khavda Renewable […]
Adani raises $15 billion in 2023 after Hindenburg row – EQ
In Short : In 2023, Adani successfully secured a substantial $15 billion, following reported conflicts with Hindenburg. For the latest and accurate details, it is advisable to consult recent news sources for updates on Adani’s financial activities and potential interactions with Hindenburg. In Detail : Billionaire Gautam Adani’s net worth took a major hit after […]
Adani to invest $100 bn in green energy shift – EQ
In Short : The statement suggests that Adani Group plans to invest $100 billion in a shift towards green energy. This signifies a substantial commitment to renewable energy projects and sustainability initiatives. Adani’s significant investment reflects the growing importance of transitioning to clean and sustainable energy sources, aligning with global efforts to combat climate change […]
Adani to invest Rs 2,000 cr to build 2 transmission lines in Mumbai city – EQ Mag
The two new transmission lines comprise the 84 ckm Kharghar (in Navi Mumbai) Vikhroli line in the northeastern suburb of the megalopolis and the Thane-Aarey Colony line. Adani Electricity Mumbai is investing over Rs 2,000 crore to build two new transmissions lines in the city to strengthen its network as it moves closer to go […]
Adani to raise $3.5 bn from share sale in three group cos – EQ Mag
While Adani Enterprises and Adani Transmission already said they will together raise up to $2.5 bn, a report said the board of Adani Green Energy is likely to meet to approve fundraising of up to $1 billion in the next couple of weeks Billionaire Gautam Adani’s Adani Group is looking to raise about $3.5 billion […]
Adani eyes Rs 21,000 crore from stake sale in two group firms – EQ Mag
US short-seller Hindenburg Research in January released a damning report alleging accounting fraud and stock price manipulation at Adani Group, triggering a stock market rout that had erased about USD 145 billion in the conglomerate’s market value at its lowest point. Billionaire Gautam Adani’s group will raise Rs 21,000 crore (over USD 2.5 billion) through […]
Reliance, Adani, Vedanta among companies in race for Bhadreshwar Vidyut – EQ Mag
Reliance Industries, Adani Power, Torrent Power, Vedanta and Jindal Power are among 14 companies that have shown interest in acquiring Gujarat-based Bhadreshwar Vidyut, which is undergoing insolvency, said people aware of the development. This is the third bankrupt power producer for which two of the country’s largest corporate houses – Reliance Industries and the Adani […]
Adani has $2 bn bonds due for repayment in 2024 – EQ Mag
New Delhi : The Adani group, whose mostly debt-fueled breakneck expansion saw gross debt doubling in four years, has almost USD 2 billion worth of foreign-currency bonds coming up for repayment in 2024, according to a presentation the conglomerate made to investors. The apples-to-airport conglomerate borrowed over USD 10 billion in foreign currency bonds between […]