Adani to invest ₹2.3 lakh crore in renewable energy, manufacturing capacity
9 months ago

Adani to invest ₹2.3 lakh crore in renewable energy, manufacturing capacity

The Hindu  

Adani Group will invest about ₹2.3 lakh crore through 2030 in India's most ambitious renewable energy expansion and solar and wind manufacturing capacity addition ever as it shrugs off a short-seller attack to pursue its trademark rapid growth plans. Adani Green Energy Ltd, India's largest renewable energy company, will invest about ₹1.5 lakh crore in expanding capacity to generate electricity from solar energy and wind power at Khavda in Gujarat's Kutch to 30 gigawatts from 2 GW currently and another ₹50,000 crore in 6-7 GW of similar projects elsewhere in the country, a top company official said. Adani New Industries Ltd, a unit in the group's flagship Adani Enterprises Ltd, will invest close to ₹30,000 crore in expanding solar cell and wind turbine manufacturing capacity at Mundra in Gujarat. Its current portfolio of 10,934 MW, which will power more than 5.8 million homes and avoid about 21 million tonnes of carbon dioxide emissions annually, represents around 11 per cent of India's installed utility-scale solar and wind capacity, contributing over 15 per cent of the nation's utility-scale solar installations.

India Energy Renewable Energy Solar Crore Invest Capacity Renewable Adani Khavda Manufacturing Capacity 4 Gw Jaain Mw Wind  crore  capacity  manufacturing  solar  adani  lakh  23  invest  renewable  electricity  mw  wind  gw  khavda  energy

History of this topic

India’s renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi
3 weeks, 4 days ago

India’s renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi

Live Mint  

New Delhi, Dec 17 India's renewable energy capacity addition almost doubled to 15GW during the April-November period of this fiscal compared a year ago, indicating India's commitment towards the target of 500GW non-fossil capacity by 2030, Union New & Renewable Energy Minister Pralhad Joshi said on Tuesday. Addressing at CII International Energy Conference & Exhibition 2024 here, Joshi said, "In …

Adani Group unveils Rs 7.5 lakh crore investment plan for Rajasthan
1 month ago

Adani Group unveils Rs 7.5 lakh crore investment plan for Rajasthan

India Today  

The Adani Group announced plans to invest Rs 7.5 lakh crore in Rajasthan in a bid to boost the state's economy. The announcement was made during the Rising Rajasthan Global Investment Summit held in Jaipur, where the group outlined its vision for driving economic growth and development across various sectors. The Adani Group’s investment plan in Rajasthan includes projects across …

Adani Group announces to invest Rs 7.5 lakh crore in Rajasthan across sectors
1 month ago

Adani Group announces to invest Rs 7.5 lakh crore in Rajasthan across sectors

India TV News  

Rising Rajasthan Global Summit: The Adani Group is planning to invest Rs 7.5 lakh crore across various sectors in Rajasthan, said Karan Adani, Managing Director of Adani Ports and SEZ Ltd on Monday at the Rising Rajasthan Global Summit held on Monday at the Jaipur Exhibition and Convention Centre in Sitapura. While speaking at the Rising Rajasthan Summit, Karan Adani …

Adani allegations shine spotlight on India’s clean energy conundrum
1 month, 2 weeks ago

Adani allegations shine spotlight on India’s clean energy conundrum

The Hindu  

Published : Nov 28, 2024 11:22 IST - 4 MINS READ Bribery allegations against the Adani Group founder Gautam Adani have highlighted the growing problem India’s renewable energy developers face in finding buyers for the power they generate. The challenges were stark in the case of Adani Green, India’s largest renewable energy company, which took over three years to strike …

Andhra Pradesh extends power supply deadline for Adani Green Energy
1 month, 2 weeks ago

Andhra Pradesh extends power supply deadline for Adani Green Energy

Live Mint  

New Delhi: The Andhra Pradesh government has granted a second extension to Adani Green Energy Ltd for supplying renewable power after the company missed two earlier deadlines citing transmission unavailability, said three people aware of the development. To Mint's queries on the extension from the Andhra Pradesh government, a spokesperson for Adani Green said the scheduled completion date of the …

Adani bribery case: Accused executive’s new company landed a $1.2 billion investment pact from REC in September
1 month, 2 weeks ago

Adani bribery case: Accused executive’s new company landed a $1.2 billion investment pact from REC in September

Live Mint  

Bengaluru: The chief executive of a two-year-old zero-revenue green energy company that recently scored a ₹10,000 crore investment commitment from REC Ltd is among those indicted in the $250 million Adani bribery case. New Delhi-based Ocior Energy’s co-founder and CEO Ranjit Gupta was the chief executive of Azure Power Global Ltd, the company in the thick of the bribery charges …

Adani Group to invest $10 billion in US energy and infrastructure projects
1 month, 4 weeks ago

Adani Group to invest $10 billion in US energy and infrastructure projects

Live Mint  

Adani Group founder and chairman Gautam Adani said in a social media post on platform X on Wednesday, November 13, that the company will invest $10 billion in energy and infrastructure projects in the United States. The Adani Group Chair announced the company's aims to expand the partnership between India and the United States by leveraging its global expertise and …

Adani Power, Adani Green Energy stocks surge up to 6% after securing 6.6 GW hybrid solar and thermal order
3 months, 3 weeks ago

Adani Power, Adani Green Energy stocks surge up to 6% after securing 6.6 GW hybrid solar and thermal order

Live Mint  

Shares of Adani Group stocks such as Adani Power and Adani Green Energy were flying high in today's early trade with gains of up to 6 per cent after both companies were issued letters of intent by the Maharashtra state DISCOM to supply a total of 6,600 MW of hybrid solar and thermal power, the companies said in a joint …

'Rigged deal': Congress attacks Mahayuti government over Adani winning bid to supply power to Maharashtra
3 months, 3 weeks ago

'Rigged deal': Congress attacks Mahayuti government over Adani winning bid to supply power to Maharashtra

The Hindu  

With the Adani Group winning a bid to supply 6,600 MW of bundled renewable and thermal power to Maharashtra, the Congress on Sunday alleged that it was a "rigged deal" facilitated by the Mahayuti government, which it claimed was "tottering towards a landslide defeat" in the upcoming assembly polls. The opposition party's attack came after the Adani Group won a …

‘Shocking details soon’: Congress on Adani winning 6,600 MW power bid in Maharashtra ahead of elections
3 months, 3 weeks ago

‘Shocking details soon’: Congress on Adani winning 6,600 MW power bid in Maharashtra ahead of elections

Hindustan Times  

Senior Congress leader Jairam Ramesh on Sunday lashed out at the Maharashtra government for awarding a power contract to the Adani Group, calling it ‘yet another Modani enterprise’ – an apparent jibe at Prime Minister Narendra Modi's perceived proximity to the billionaire industrialist. All about Adani's power bid Adani Power won the bid to supply a mix of renewable and …

Spain's Zelestra plans $5 bn investment to set up 10 GW green power capacity
4 months ago

Spain's Zelestra plans $5 bn investment to set up 10 GW green power capacity

Live Mint  

New Delhi: Spain’s Zelestra plans to invest $5 billion in India to build 10GW of wind and solar power capacity by the end of the decade, a top executive said, doubling its previous target of achieving 5GW by 2026. The company, backed by private equity firm EQT, may also enter India’s lucrative commercial and industrial sector as part of the …

Adani Green redeems $750 mn bonds
4 months ago

Adani Green redeems $750 mn bonds

The Hindu  

Adani Green Energy Limited, the renewable energy arm of the ports-to power conglomerate run by billionaire Gautam Adani, on Monday said it has redeemed $750 million worth of bonds as it deleverages business. It also emphasises the structured approach to accomplish credit metrics akin to investment grade profile for its underlying debt capital raise programme," the firm said in the …

TotalEnergies deepens ties with India's Adani Green with $444 mln JV
4 months, 1 week ago

TotalEnergies deepens ties with India's Adani Green with $444 mln JV

The Hindu  

TotalEnergies will form a joint venture with India's Adani Green Energy Ltd. in a deal in which the French oil giant will contribute an equity investment of $444 million, it said on Tuesday. The two firms had formed a JV in September 2023 worth $300 million, which gave Total "direct access to ownership of assets" contributed by Adani Green — …

Adani Group to invest USD 100 billion in energy transition, says Gautam Adani
6 months, 3 weeks ago

Adani Group to invest USD 100 billion in energy transition, says Gautam Adani

Hindustan Times  

Adani group will invest more than USD 100 billion in energy transition projects and manufacturing capability to produce every major component required for green energy generation, its chairman said on Wednesday. Speaking at 'Infrastructure - the Catalyst for India's Future' event of Crisil, Adani Group chairman Gautam Adani said energy transition and digital infrastructure are trillion-dollar opportunities which will transform …

IFC commits $105 million for Brookfield’s Bikaner solar power project
6 months, 3 weeks ago

IFC commits $105 million for Brookfield’s Bikaner solar power project

Live Mint  

New Delhi: International Finance Corporation, the private sector lending arm of the World Bank, has pledged $105 million to part-finance a 550 MWp solar power project in Bikaner, Rajasthan, being developed by Brookfield Asset Management. A joint statement from IFC and Brookfield said that following the commitment, Brookfield will provide solar power to commercial and industrial consumers across India at …

Adani wind energy project challenged in Sri Lanka’s Supreme Court
7 months, 3 weeks ago

Adani wind energy project challenged in Sri Lanka’s Supreme Court

The Hindu  

Adani Green Energy’s wind energy project, coming up in Sri Lanka’s northern Mannar and Pooneryn districts, has been challenged in the island’s apex court on grounds of potential environmental impact and “lack of transparency”. The Wildlife and Nature Protection Society, one of Sri Lanka’s oldest environmental organisations set up over a century ago, on May 16 filed a Fundamental Rights …

Sri Lanka agrees to purchase power from Adani Green
8 months ago

Sri Lanka agrees to purchase power from Adani Green

The Hindu  

Sri Lanka has agreed to purchase powerat $0.0826, or 8.26 cents, per kWh from Adani Green Energy, which is executing a wind power project in Mannar and Pooneryn in the island’s Northern Province. The country’s Cabinet cleared a proposal on Monday for a 20-year power purchase agreement with Adani Green Energy for the development of wind power stations to produce …

World's largest renewable energy park- 5 times bigger than Paris- now in India. There's a Gautam Adani connection
8 months, 4 weeks ago

World's largest renewable energy park- 5 times bigger than Paris- now in India. There's a Gautam Adani connection

Hindustan Times  

A narrow airstrip that doesn't even have an air traffic controller to guide incoming airplanes and whose only infrastructure is a portable toilet and a make-shift office in a container in the midst of miles of barren land bordering Pakistan is an unlikely gateway to the world's largest renewable energy park. An 18-km drive from the airstrip through dusty arid …

Adani Green Energy becomes first Indian company with 10,000 MW renewable energy capacity
9 months, 1 week ago

Adani Green Energy becomes first Indian company with 10,000 MW renewable energy capacity

The Hindu  

Adani Green Energy Ltd on Wednesday said it has commissioned 2,000 MW of solar capacity at the giant Khavda solar park in Gujarat that has made it the first company in India with over 10,000 MW of renewable energy capacity. "In less than a decade, Adani Green Energy has not just envisioned a greener future but has actualised it, growing …

Gautam Adani says proud to be India’s first ‘das hazari’ on Adani Green Energy's milestone
9 months, 1 week ago

Gautam Adani says proud to be India’s first ‘das hazari’ on Adani Green Energy's milestone

Hindustan Times  

Adani Green Energy, which has an operating portfolio of 10,934 megawatt, has become the first company in India to surpass the mark of 10,000 MW of renewable energy. Reacting to the development, Gautam Adani said that he is proud that AGEL has become the first “das hazari” in India’s renewable space. More about Adani Green Energy The company's portfolio consists …

Adani Green Energy Ltd achieves milestone: Surpasses 10,000 MW renewable energy capacity
9 months, 1 week ago

Adani Green Energy Ltd achieves milestone: Surpasses 10,000 MW renewable energy capacity

India TV News  

Adani Green Energy Ltd has achieved a significant milestone in India’s renewable energy sector by surpassing 10,000 MW of renewable energy capacity. This diverse portfolio underscores the company’s commitment to leveraging various renewable energy sources for sustainable power generation. Environmental impact and visionary leadership AGEL’s operational portfolio, now exceeding 10,000 MW, is expected to power more than 5.8 million homes …

Adani Group to invest 70 per cent of total investments in green energy: Sources
9 months, 3 weeks ago

Adani Group to invest 70 per cent of total investments in green energy: Sources

India TV News  

Business news: The Adani Group is likely to invest over 70 per cent of its total investments towards green energy, including renewable power, green hydrogen and green evacuation transmission line, sources said. According to sources, Adani Group is planning to invest USD 14 billion in the 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's …

Adani Group to invest ₹1.2 lakh crore in FY 2024-25 through 11 companies
9 months, 3 weeks ago

Adani Group to invest ₹1.2 lakh crore in FY 2024-25 through 11 companies

Op India  

Adani Group plans to invest USD 14 billion in 2024-25 financial year through its portfolio of 11 listed companies, in developing the country’s infrastructure, according to sources. India’s largest infrastructure conglomerate with showcase projects like Navi Mumbai Airport, Ganga Expressway, world’s largest renewable park at Khavda and Mundra Port has committed a USD 100 billion investment over the next 7-10 …

Adani to invest $14 billion in FY25
9 months, 3 weeks ago

Adani to invest $14 billion in FY25

The Hindu  

Adani group plans to invest more than ₹1.2 lakh crore across its portfolio companies that range from ports to energy, airports, commodities, cement and media in fiscal year starting April 1, as it doubles down on its $100 billion investment guidance over the next 7-10 years to grow businesses, sources said. Today, Adani Group is the world's second largest solar …

Adani wind power project sparks concern in Sri Lanka’s Mannar district
9 months, 3 weeks ago

Adani wind power project sparks concern in Sri Lanka’s Mannar district

The Hindu  

A wind power project being executed by Adani Green Energy in northern Sri Lanka has run into controversy, with locals and environmentalists raising concern over its possible impact on the coastal region and livelihoods. “The project expects to add 250 MW in Mannar and 234 MW in Pooneryn to the national grid,” Sri Lanka’s Minister for Power and Energy Kanchana …

U.P. poised to unveil 182 renewable energy projects worth over ₹1.30 lakh cr
10 months, 3 weeks ago

U.P. poised to unveil 182 renewable energy projects worth over ₹1.30 lakh cr

Hindustan Times  

Lucknow: In a likely big push to sustainable development in the state, the Uttar Pradesh government’s groundbreaking ceremony here on Monday would unveil renewable energy projects worth more than ₹1.30 lakh crore, people in the know of things said. Of the total 182 renewable projects identified for the GBC, 42 projects worth ₹ 55,806 crore pertain to solar power. Of …

AP Attracts Rs 9.57L Crore Investments in Energy Sector in 2023
1 year ago

AP Attracts Rs 9.57L Crore Investments in Energy Sector in 2023

Deccan Chronicle  

Vijayawada: Developmental Progress of Andhra Pradesh Power Sector touched peak in 2023 as state has attracted investments in energy sector worth Rs 9.57 lakh crore during the AP Global Investor Summit 2023 held in Visakhapatnam and among the MoUs signed, investment proposals worth Rs 52,015 crore were already grounded. He explained that in investments in the green energy sector, AP …

Adani Green Energy inks pact with SECI for supply of 1,799 MW solar power, completes 8,000 MW tender
1 year ago

Adani Green Energy inks pact with SECI for supply of 1,799 MW solar power, completes 8,000 MW tender

India TV News  

New Delhi: Adani Green Energy Limited on Monday said it has finalised a power purchase agreement with the Solar Energy Corporation of India to deliver 1,799 MW of solar power. Aligned to India's target of 500 GW non-fossil fuel capacity by 2030, Adani Green is determined to deliver in excess of 45 GW renewable energy, a five-fold increase from our …

NLCIL incorporates subsidiary to implement renewable energy projects
1 year, 2 months ago

NLCIL incorporates subsidiary to implement renewable energy projects

The Hindu  

NLC India Ltd, a Navaratna Central Public Sector Enterprise under the Ministry of Coal, has now incorporated a wholly-owned subsidiary, called NLC India Green Energy Limited. According to Prasanna Kumar Motupalli, chairman-cum-managing director of NLCIL, “The newly incorporated company will take care of planning, participating in upcoming renewable energy tenders, as well as tendering, execution and commission of renewable energy …

Total may lead Adani plan to raise $1.5 bn for green power
1 year, 3 months ago

Total may lead Adani plan to raise $1.5 bn for green power

Live Mint  

Adani Green Energy Ltd, which is planning to raise $1.5 billion, may secure a big chunk of it from French energy giant TotalEnergies SE, two people aware of the matter said. TotalEnergies on Wednesday invested $300 million to create an equal joint venture, named Adani Green Energy Twenty Three Ltd. “Of the remaining $1.2 billion too, a major investment will …

NLCIL signs power usage agreement with Rajasthan Urja Vikas Nigam for supply of 300 MW of solar power
1 year, 4 months ago

NLCIL signs power usage agreement with Rajasthan Urja Vikas Nigam for supply of 300 MW of solar power

The Hindu  

A Central Public Sector Enterprise NLC India Ltd, has entered into a long-term power usage agreement with Rajasthan Urja Vikas Nigam Ltd for a supply of 300 MW of solar power to Rajasthan under the Central Public Sector Undertaking scheme for 25 years. The solar capacity is part of a 510 MW solar power project secured by NLCIL in the …

Seven Adani stocks gain 2%-10%, Adani Ent, Adani Port among top gainers on Nifty
1 year, 4 months ago

Seven Adani stocks gain 2%-10%, Adani Ent, Adani Port among top gainers on Nifty

Live Mint  

Adani Group stocks have been in spotlight following Economic times news report that said Abu Dhabi National Energy Company PJSC is considering investing up to $2.5 billion in the group's power industry. Also, this week, Adani Power share price was in focus after GQG Partners purchased 31 crore shares, or more than 8% of the company's entire stake. Further, on …

Adani Green Crashes 12% After Nearly 3% Equity Change Hands Via Block Deal; Details
1 year, 5 months ago

Adani Green Crashes 12% After Nearly 3% Equity Change Hands Via Block Deal; Details

News 18  

Adani Green Share Price: Shares of Adani Green Energy tanked 12 per cent to Rs 886.25 on the BSE in Monday’s intra-day trade after over 40 million equity shares of the power generation company changed hands via a block deal. The Adani Group firm reported a 50.93 per cent year-on-year jump in net profit at Rs 323 crore for the …

Adani Green Q1 Results: Net Profit Increases By 51 Per Cent To Rs 323 Crore
1 year, 5 months ago

Adani Green Q1 Results: Net Profit Increases By 51 Per Cent To Rs 323 Crore

ABP News  

Adani Green Energy posted a 51 per cent increase in its net profit on a year-on-year basis in its first quarter earnings on Monday. The renewable energy company logged a net profit of Rs 323 crore for the June quarter in the current financial year against a net profit of Rs 214 crore in the first quarter of the previous …

Adani Green Energy Q1 net profit jumps 51% to ₹323 crore; revenue up 33% YoY
1 year, 5 months ago

Adani Green Energy Q1 net profit jumps 51% to ₹323 crore; revenue up 33% YoY

Live Mint  

Adani Green Energy Ltd on Monday reported a 51% year-on-year rise in its consolidated net profit at ₹323 crore for the quarter ended June 2023. The Adani Group renewable energy company’s consolidated revenue from operations in Q1FY24 increased 33% to ₹2,176 crore from ₹1,635 crore, YoY. Adani Green Energy’s operational capacity increased by 43% YoY to 8,316 MW with addition …

Adani Green to consider fundraising on 6 July
1 year, 6 months ago

Adani Green to consider fundraising on 6 July

Live Mint  

Billionaire Gautam Adani's renewable energy company, Adani Green on Tuesday said its board would consider a proposal to raise funds by way of issuance of shares or other securities on 6 July. In a BSE filing, Adani Green informed, "A meeting of the board of directors of Adani Green Energy Limited will be held on Thursday, July 06, 2023, at …

NLC India plans ₹24,000 crore solar investment by 2030: CMD
1 year, 6 months ago

NLC India plans ₹24,000 crore solar investment by 2030: CMD

Live Mint  

New Delhi: State-run NLC India Ltd plans to set up a step-down subsidiary to operate its new-age renewable energy businesses, including battery storage. In an interview, Prasanna Kumar Motupalli, chairman and managing director of the company, said that after the recent incorporation of its green energy arm, NLC India Renewables Ltd, the company is exploring the option of setting up …

Adani Group’s power project to be ready by December 2024: Sri Lankan minister
1 year, 6 months ago

Adani Group’s power project to be ready by December 2024: Sri Lankan minister

Live Mint  

Adani Group's renewable energy project to generate 500 MW in Sri Lanka's north and eastern regions will be completed by December next year, Energy Minister Kanchana Wijesekara said on 13 June. “We discussed the challenges, road map, and the timeline for the project completion and the commitment by Adani Green Energy to complete the project by December 2024”, Wijesekara said. …

Adani group plans to raise $800 million for green energy projects
1 year, 8 months ago

Adani group plans to raise $800 million for green energy projects

Live Mint  

Adani Group is mulling to raise nearly USD 800 million for new green energy projects, news agency Bloomberg reported Thursday, citing people familiar with the matter. This could be Adani Group's biggest borrowing since short-seller Hindenburg Research report sparked a share rout in January, the report added. The group's seven listed stocks, including Adani Green Energy Ltd, lost roughly $114 …

Adani Green operational capacity up by 49% at 8,086 MW
1 year, 8 months ago

Adani Green operational capacity up by 49% at 8,086 MW

Live Mint  

MUMBAI: Adani Group’s renewable energy arm - Adani Green, on Friday, announced a 49% jump in its operational capacity at 8,086 MW at end of the fiscal year 2023, the largest capacity increase by any domestic renewable energy firm ever. Backed by the recent capacity addition, on Friday, Adani Green said its energy sales grew by 58% year-on-year to 14.9 …

‘India likely to have added over 15 GW of renewable energy capacity in FY23’
1 year, 8 months ago

‘India likely to have added over 15 GW of renewable energy capacity in FY23’

Live Mint  

India is likely to have added over 15 GW of renewable energy capacity in FY23 surpassing the level achieved in the previous fiscal, said Bhupinder Singh Bhalla, secretary, union ministry of new and renewable energy. As per its climate targets, India plans to achieve a total renewable energy capacity of 500 GW by 2030 and reach net zero carbon emission …

Adani Power’s Jharkhand unit begins operations, to supply power to Bangladesh
1 year, 9 months ago

Adani Power’s Jharkhand unit begins operations, to supply power to Bangladesh

Live Mint  

Mumbai: Adani Power Ltd, part of billionaire Gautam Adani's group of companies, on Friday said that its power plant in Jharkhand has begun commercial operations. The facility is part of the 2x800 MW ultra-supercritical power project of Adani Power Ltd, according to an exchange filing. APJL, a wholly-owned subsidiary of Adani Power, has a 25-year power purchase agreement to supply …

Do Adani's woes matter for India's clean energy transition?
1 year, 9 months ago

Do Adani's woes matter for India's clean energy transition?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The group has a considerable stake in India's clean …

Sri Lanka gives nod to $442-million wind project of Adani Group
1 year, 10 months ago

Sri Lanka gives nod to $442-million wind project of Adani Group

The Hindu  

Crisis-hitSri Lanka has approved a $442-million wind power projectof Adani Green Energy, barely a month since the Indian multinational conglomerate’s stocks plummeted following U.S.-based short-seller Hindenburg’s damaging report on the Group. “Adani, a leading Indian company” received the project approval “to start two wind power plants in Mannar and Pooneryn areas of Sri Lanka,” the Board of Investment of Sri …

Adani Green Energy to set up wind power project in Sri Lanka
1 year, 10 months ago

Adani Green Energy to set up wind power project in Sri Lanka

Live Mint  

Sri Lanka on Thursday announced that it has approved $442 million wind power project by Adani group's Adani Green Energy. Sri Lanka's Board of Investment said Adani Green Energy, part of the business empire of led by Gautam Adani, will set up two wind farms in the island's north, reported AFP. The project comes after Sri Lanka awarded Adani a …

How Gautam Adani’s crisis points to the big risk in India’s net zero plan?
1 year, 11 months ago

How Gautam Adani’s crisis points to the big risk in India’s net zero plan?

Live Mint  

Adani-Hindenburg row: The crisis facing billionaire Gautam Adani has revealed a potential pitfall in India’s ambitious plan to reduce emissions: its reliance on the country’s most affluent and powerful private citizens. Led by Adani’s $70 billion pledged investment in green energy infrastructure, India’s tycoons have so far committed to spend far more than the government on the energy transition. But …

Adani Green Energy arm to acquire 50% in Essel Saurya Urja Company of Rajasthan
1 year, 11 months ago

Adani Green Energy arm to acquire 50% in Essel Saurya Urja Company of Rajasthan

Live Mint  

Adani Green Energy arm on Wednesday said that it will acquire 50 per cent equity in Essel Saurya Urja Company of Rajasthan Ltd from Essel Infraprojects for ₹15 crore. Adani Green Energy's renewable arm Adani Renewable Energy Holding Two Ltd has entered into a binding term sheet with Essel Infraprojects Ltd on January 17, 2023 to this effect, Adani Green …

Adani Group to invest $150 billion in pursuit of $1 trillion valuation
2 years, 2 months ago

Adani Group to invest $150 billion in pursuit of $1 trillion valuation

Deccan Chronicle  

NEW DELHI: Richest Asian Gautam Adani's group will invest over USD 150 billion across businesses ranging from green energy to data centres to airports and healthcare as it chases the dream to join the elite global club of companies with USD 1 trillion valuations. On October 10, Adani Group Chief Financial Officer Jugeshinder 'Robbie' Singh detailed the growth plans of …

Adani announces ₹65,000-cr. investment in Rajasthan
2 years, 3 months ago

Adani announces ₹65,000-cr. investment in Rajasthan

The Hindu  

Richest Asian Gautam Adani on Friday announced a ₹65,000-crore investment in Rajasthan over the next 5 to 7 years in setting up a mega 10,000 MW solar power capacity, expanding cement plant and upgrading Jaipur airport. The investment by ports-to-energy conglomerate that Adani heads also spans city gas infrastructure for retailing CNG to automobiles and piped gas to households and …

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