The Adani group has bagged a bid to install 10.80 lakh (1.80 million) ‘Smart Meters’ for electricity consumers of the Bombay Electric Supply & Transport (BEST), which will ’empower’ the distributor to cut-off the power supply of bill defaulters automatically, officials said here on Thursday. The BEST has awarded the Rs1,250 crore project to Adani […]
Adani Green Energy forms 3 new step down subsidiary companies for renewable energy business – EQMagPro
“Adani Renewable Energy Holding Four Limited has incorporated 3 new subsidiaries. The main objective of the new subsidiaries is to generate, develop, transform, distribute, transmit, sale, supply any kind of power or electrical energy using wind energy, solar energy or other renewable sources of energy,” it said. New Delhi : Adani Renewable Energy Holding Four […]
Adani to build 3 giga factories as part of USD 70 bn green investment – EQ Mag Pro
New Delhi: Asia’s richest man Gautam Adani on Wednesday said his ports-to-power conglomerate will build three giga factories for manufacturing solar modules, wind turbines, and hydrogen electrolyzers as part of a USD 70 billion investment in clean energy by 2030. Adani group is stepping up investments across the green energy value chain as it aims […]
India’s Andhra State in $16 Billion Pacts Involving Adani, GIC-Backed Greenko – Officials – EQ Mag Pro
DAVOS, Switzerland : India’s Andhra Pradesh has signed renewables investment pacts worth a total of around $16 billion with three companies including India’s Adani and an affiliate of Singapore’s GIC sovereign wealth fund, two state government officials said. The investment commitments were struck with Adani Green Energy, GIC-backed Greenko and India’s Aurobindo Realty & Infrastructure […]
Shell Vies With Adani, Greenko for Actis’s Sprng Energy – EQ Mag Pro
Shell Plc is among the final bidders competing to acquire Indian renewable power producer Sprng Energy, people with knowledge of the matter said. Indian conglomerate Adani Group and renewable energy firm Greenko also submitted binding offers by this week’s deadline, the people said. Singapore’s Sembcorp Industries Ltd. and some financial investors have also expressed interest […]
Adani, Ballard Power to explore investment in hydrogen fuel cell technology – EQ Mag Pro
Adani Group and Ballard Power Systems have joined hands to evaluate a joint investment in hydrogen fuel cells manufacturing in India. Adani Group and Ballard Power Systems have joined hands to evaluate a joint investment in hydrogen fuel cells manufacturing in India. Under the MoU, both parties will examine various options to cooperate, including potential […]
Tata, Adani Set To Bid Third Time For UP Power Transco
Tata and Adani NSE -1.03 % will go head-to-head for a third time in the hard-fought contest for South East UP Power Transmission Company after lenders called for another round of bids since the previous two rounds were inconclusive, people aware of the matter told ET. Tata Power NSE -0.86 % had outbid Adani offering […]
Adani, Posco tie up for steel mill in Gujarat – EQ Mag Pro
New Delhi : Billionaire Gautam Adani”s group and South Korea”s Posco have signed an initial pact to explore business opportunities to invest about USD 5 billion on projects that include setting up an integrated steel mill in Gujarat, the two firms said on Thursday. The non-binding pact, if it fructifies, will give infrastructure conglomerate Adani […]
Green bonds will prop Adani’s future green plans – EQ Mag Pro
Gautam Adani’s plans to revamp his business empire into the world’s largest renewables player are on a roll. The initiative to tap the green bond market to fund this change is certainly bearing fruit as his ambitious $20 billion investment plan gets underway. Adani Green Energy, which takes care of the renewables business, has been […]
Adani Completes One Of Indias Largest Intra State Transmission Lines
Ahmedabad, : Adani Transmission Limited (ATL), India’s largest private sector power transmission and retail distribution company and a part of the diversified Adani Group, has completed construction of one of India’s longest intra-state transmission lines of 897 Circuit Km. This feat was achieved in Uttar Pradesh by Ghatampur Transmission Ltd (GTL) a subsidiary of ATL. […]