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Vibrant Gujarat Global Summit 2017: Adani Group to invest over Rs 48,000 cr by 2021, says Gautam Adani

Vibrant Gujarat Global Summit 2017: Adani Group to invest over Rs 48,000 cr by 2021, says Gautam Adani

Adani Group chairman Gautam Adani on Tuesday said the company plans to invest over Rs 48,000 crore in Gujarat in the next five years in various areas such as ports, solar, wind, edible oil and cement businesses.

Adani Group to spend $300 mn on Australia solar plants; secures land deals

Adani Group to spend $300 mn on Australia solar plants; secures land deals

Indian energy giant Adani Group has struck land deals in Australia to build two solar plants collectively valued at USD 300 million in a bid to develop 1,500 MW renewable capacity in five years, even as a court today dismissed appeals against its USD 16 billion coal and mine project.

Adani to start constructing Australia solar plants next year

Adani to start constructing Australia solar plants next year

Indian energy giant Adani Group on Sunday announced its new venture for construction of two major solar projects in Australia next year as part of its efforts to develop renewable energy projects in the country with a total capacity of 1,500 MW within the next five years.

Adani to commence construction of solar projects in Australia next year

Adani to commence construction of solar projects in Australia next year

Adani Enterprises on Saturday announced that it proposes to commence construction of two major solar projects in Australia next year, each with an output of 100-200 MW.

Adani Transmission rating unaffected by asset purchase: Fitch

Adani Transmission Ltd's (ATL) rating will not be affected by its planned acquisition of three transmission assets of Reliance Infrastructure for over Rs 2,000 crore.

Reliance Infrastructure to sell power transmission biz to Adani for Rs 2,000 crore

Reliance Infrastructure to sell power transmission biz to Adani for Rs 2,000 crore

Reliance Infrastructure Ltd Wednesday said it has signed a binding term sheet agreement to sell its power transmission assets to Adani group firm ATL for over Rs 2,000 crore to cut debt.

Indian Oil, GAIL to take 49% stake in Adani Group's Dhamra LNG project

Indian Oil, GAIL to take 49% stake in Adani Group's Dhamra LNG project

State-owned refiner Indian Oil Corporation (IOC) and gas utility GAIL India Ltd Wednesday signed pacts to take 49 percent stake in Adani Group's Rs 6,000-crore Dhamra LNG project in Odisha.

Adani unveils world's largest solar power plant in Tamil Nadu

Adani unveils world's largest solar power plant in Tamil Nadu

Adani Green Energy, part of the Adani Group, on Wednesday said it has dedicated to the nation the world's largest 648-mw solar power plant in Tamil Nadu entailing an investment of Rs 4,550 crore.

Adani Enterprises Q1 net profit flat at Rs 364 crore

Adani Enterprises, the flagship company of Adani group, on Wednesday reported a flat consolidated net profit of Rs 363.71 crore for the quarter ended June 30.

Reports about cancellation of Rs 200 crore fine on Adani 'incorrect': Govt

Reports about cancellation of Rs 200 crore fine on Adani 'incorrect': Govt

Amid reports that Adani Port and SEZ Ltd (APSEZ) was spared a hefty fine of Rs 200 crore for environmental damage during construction of Mundra port, the Environment Ministry today said the claims are "incorrect" and it had imposed "more serious" responsibility on the firm without any cost limit.

Shocking! At Rs 72,000 crore, Gautam Adani's firm owes banks 8 times more than Vijay Mallya

Shocking! At Rs 72,000 crore, Gautam Adani's firm owes banks 8 times more than Vijay Mallya

According to PTI, Pawan Verma, member of JD(U), raising issues about corporate houses owing money to PSU Banks in the Rajya Sabha on Thursday alleged that Adani Group got “unimaginable” favours and that its debt stands at Rs 72,000 crore.

21 injured as boiler pipe bursts at Adani power plant at Mundra

21 injured as boiler pipe bursts at Adani power plant at Mundra

As per report, 13 of the 21 workers suffered serious injuries with at least eight of them sustaining more than 60 percent burns.

Adani group to restart talks with stakeholders over Australian mine project

Adani group to restart talks with stakeholders over Australian mine project

Adani group today said it will restart talks with stakeholders to take forward its plans to build one of the world's largest coal mines in Australia, days after the Indian mining giant's controversy-hit 21.7 billion dollars project won three mining leases

Adani considering buying SunEdison assets -sources

Adani considering buying SunEdison assets -sources

India`s Adani Group is looking at buying the local assets of SunEdison Inc, two people familiar with the matter said after the heavily indebted US  solar power developer sought partners for its projects.

Adani group offers 49 per cent stake in Dhamra LNG project to IOC, GAIL

Adani group offers 49 per cent stake in Dhamra LNG project to IOC, GAIL

 Adani Group has offered 49 per cent stake in its Rs 5,000-crore Dhamra LNG project in Odisha to state-run gas utility GAIL India and refiner Indian Oil Corporation (IOC).

Moody's downgrades Adani Abbot Point Terminal

Moody's downgrades Adani Abbot Point Terminal

Moody's Investors Service on Monday downgraded Adani Group's Abbot Point Terminal Ltd's (AAPT) bank credit facility rating, saying its outlook is negative.

 

Adani Enterprises incorporates arm for coal washing biz

Adani Enterprises, the flagship firm of the Adani Group, has incorporated subsidiary Korba Clean Coal Pvt Ltd for carrying on the business of coal washing.

Adani clears another hurdle in getting Australian mining lease

Indian mining giant Adani Group's 16.5 billion dollar controversy-hit coal mine project in Australia has inched closer to getting its mining lease after it struck a compensation deal with a local government body.

Adani plans to set up large-scale solar project in Australia

After setting up one of the world's largest coal mines in Australia, ports-to-power conglomerate Adani Group is planning to build a large-scale solar project in the country.

Adani's coal mine project in Aus gets environmental approval

Queensland state's Department of Environment and Heritage Protection (EHP) said it has issued a final environmental authority (EA) for Adani's Carmichael Mine project in the Galilee Basin.