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Time for consolidation in Indian power sector: Gautam Adani

Last Updated: Thursday, August 14, 2014, 17:49

A day after sealing Rs 6,000-crore deal to acquire 1,200-MW Udupi power plant, Adani Group Chairman Gautam Adani Thursday said it is time now for consolidation in the Indian power sector.

Lanco Infra, Adani Power gain up to 5% on power plant deal

Last Updated: Thursday, August 14, 2014, 13:50

Shares of Lanco Infratech and Adani Power gained as much as 5 percent on Thursday following a mega deal for a power plant between the two companies.

Australian state approves $2 billion rail line for Adani coal project

Last Updated: Thursday, August 14, 2014, 12:54

Indian conglomerate Adani Mining on Thursday won state approval to build a 300-km rail line for its USD 15 billion Carmichael coal mine project in Australia that will enable transportation of 100 million tonnes of coal a year after construction.

Adani Power to buy Lanco's Udupi plant in Rs 6,000 crore deal

Last Updated: Wednesday, August 13, 2014, 21:30

Adani Power will acquire Lanco Infratech's 1,200 MW Udupi thermal plant in a deal worth over Rs 6,000 crore.

Adani-IOC,GAIL among bidders for piped gas supply in 14 cities

Last Updated: Tuesday, August 12, 2014, 14:09

Adani Gas-Indian Oil combine and state gas utility GAIL were among nearly a dozen firms that bid for licenses to retail CNG and piped cooking gas in 14 cites including Bengaluru and Pune.

Adani Enterprises reports Q1 profit after tax of Rs 557 crore

Last Updated: Saturday, August 09, 2014, 17:03

Adani Enterprises, the flagship company of the Adani Group, reported a profit after tax of Rs 557 crore for the first quarter ended June 30, 2014 on the back of a 43 percent jump in revenue.

HC issues notices to Gujarat, Adani Power on PIL

Last Updated: Thursday, August 07, 2014, 17:07

Adani has made a 3.5 km-long and 50-feet-deep 'kaccha' canal under the sea to get water for its power plant project in APSEZ, the PIL alleged.

Adani Ports Q1 net jumps 36% at Rs 568 crore

Last Updated: Wednesday, August 06, 2014, 17:07

The company's net profit in the corresponding quarter of the last fiscal was Rs 417.50 crore, Adani Ports and Special Economic Zone said.

Environment groups' concerns over Adani project exaggerated: Hunt

Last Updated: Tuesday, July 29, 2014, 11:31

Rebutting concerns raised by environmentalists on the approval of USD 16.5-bn coal and rail project of India's Adani Mining in Queensland, Australian environment minister Greg Hunt on Tuesday said the claims about its impact on Great Barrier Reef were "exaggerated".

Adani's $16.5 bn Australian coal proj cleared, company welcomes decision

Last Updated: Monday, July 28, 2014, 12:39

Hailing the decision, Adani Chairman, Gautam Adani said: " We welcome the Minister's approval of the Carmichael Mine and Rail project, which takes us another step closer to delivering our multi-billion dollar mine, rail and port development".

Australia approves Adani's A$16.5 bn Carmichael coal project

Last Updated: Monday, July 28, 2014, 08:21

The Australian government on Monday approved Indian firm Adani Mining Pty Ltd`s A$16.5 billion ($15.5 billion) Carmichael coal and rail project in Queensland.

Discoms to challenge APTEL order on Adani Power, Tata Power

Last Updated: Sunday, July 27, 2014, 18:50

Electricity distribution companies of states like Gujarat and Maharashtra are likely to appeal against sector tribunal's order allowing power producers to recover increased imported fuel cost from March 2013.