Adani's world's biggest coal basin heads for export amid protests
Coal giant Adani is commencing its first exports of coal from the Carmichael mine. Adani says the first coal for export is "being assembled" at its coal port in Bowen, the North Queensland Export Terminal. Adani plans for the mine to be Australia's biggest, but has faced 10 years of opposition from Wangan and Jagalingou traditional owners and climate campaigners.
RIL biggest wealth creator in India, Adani Transmission fastest: Study
India's financial sector has emerged as the top value creator between 2016 and 2021 and it will continue to dominate wealth creation for quite some in the near future as well, Motilal Oswal Financial Services has said in its 26th Annual Wealth Creation Study 2021.
Gautam Adani’s realty unit to take over Ozone Group: Report
Adani Realty Ltd. and Ozone group representatives are yet to comment on the matter and the deal could still fall apart, the report added. Adani Realty has been developing residential and commercial projects of more than 69 million square feet across Indian cities of Ahmedabad, Mumbai, Gurgaon, Kochi, and Mundra.
Gautam Adani signs world's largest Green PPA with SECI to supply 4,667 MW green power
The Chairman of the Adani Group also said that he is pleased to have signed the world's largest PPA with SECI. Gautam Adani further said that this deal is yet another step to promote India's ambitions of achieving climate goals and promoting domestic manufacturing.
Indian equities stay in green; Adani Ports, Power Grid top gainers
Besides, healthy GST collections along with strong manufacturing growth data kept the positive sentiment intact. However, fears of a potential rise in the number of Omicron infections in several countries, including India, capped the upside in indices. Initially, the market opened on a positive note and remained in the green throughout the session.
Adani Green's operational capacity increased by 93% to 5,410 MW
Continued growth in EBITDA from Power Supply and Cash Profit is supported by increase in revenues and cost efficiencies brought in through analytics driven O&M. AGEL's overall renewable portfolio increases to 20,284 MW on account of completion of acquisition of SB Energy's India Renewable portfolio of 4,954 MW, which includes 1,700 MW operational assets and award of 450 MW Wind project from SECI in Oct 2021.
Finally, starting midnight Adani Group to takeover Thiruvananthapuram airport
This airport, which was declared as the fifth international airport in the country in 1991, will now be run by the Adani Group for the next five decades. In February 2019, the financial bid for privatising five airports in the country was opened and it was won by Adani Enterprises. The other airports that the Adani firm got are situated in Mangaluru, Ahmedabad, Lucknow and Jaipur.
Amid protests, Adani Group takes over Guwahati international airport for 50 years
Airports Authority of India (AAI) officials said that the LGBI Airport was on Friday formally handed over to AGIAL led by business tycoon Gautam Adani in a restricted ceremony. Airport director Ramesh Kumar handed over a symbolic key to Utpal Baruah, who has been appointed Chief Airport Officer by the AGIAL.
Adani Green Energy closes India's largest renewables M&A deal
With this deal, SB Energy India is now a 100 per cent subsidiary of AGEL. Earlier, it was a 80:20 joint venture between Japan-based SoftBank Group Corp and Bharti Group.The transaction pegs SB Energy India at an enterprise valuation of USD 3.5 Billion (Rs 26,000 crore) and marks the largest acquisition in the renewable energy sector in India.
Adani Group signs 35-year BOT deal to develop Colombo Port
The over $700 million deal, which was struck in Colombo with the Indian partners joining virtually, is to run for 35 years with the Adani Group having majority 51 per cent share, followed by John Keels (34 per cent) and SLPA (15 per cent). Following a 2019 tripartite agreement with India and Japan, the Adani Group was to develop the East Container Terminal (ECT) jointly with Japan.