NEW DELHI : Billionaire Gautam Adani’s ports-to-power conglomerate is “deeply overleveraged,” with the group investing aggressively across existing as well as new businesses, predominantly funded with debt, CreditSights, a Fitch Group unit, said in a report. The aggressive expansion pursued by the Adani Group, led by Asia’s richest person, has put pressure on its credit […]
India accelerated its renewable energy footprint despite crisis, Gautam Adani tells shareholders – EQ Mag Pro
India has accelerated its renewable energy footprint despite the Covid pandemic and the energy crisis and the country has done so at a time when several developed nations have paused their pursuit of renewable energy goals, Chairman Gautam Adani told shareholders at the Annual General Meeting on Tuesday. “Also, while we have been often lectured […]
Gautam Adani says never slowed investments; $70 billion to turn India to clean energy exporter – EQ Mag Pro
Speaking at the annual shareholder meeting of the group companies, he said the previously announced USD 70 billion investment in new energy business will help turn India from being a net importer of oil and gas to an exporter of clean energy. Richest Indian Gautam Adani on Tuesday said his ports-to-energy conglomerate never slowed or […]
Billionaire industrialist Gautam Adani, advocate Karuna Nundy named among TIME’s 100 Most Influential People of 2022 – EQ Mag Pro
New York: Billionaire industrialist Gautam Adani and advocate Karuna Nundy have been named by TIME magazine on Monday as among the 100 Most Influential People of 2022. The list includes US President Joe Biden, Ukraine President Volodymyr Zelenskyy, Russian President Vladimir Putin, Chinese President Xi Jinping, President of the European Commission Ursula von der Leyen, […]
Indian Billionaire Gautam Adani Overtakes Mukesh Ambani as Asia’s Richest Person – EQ Mag Pro
Indian businessman Gautam Adani has become the richest Asian, worth $90.1 billion, according to Forbes’ Real Time Billionaire calculations on Thursday, and the 10th richest person in the world. He narrowly edges out fellow Indian billionaire Mukesh Ambani, head of Reliance Industries, worth just $100 million less at $90 billion, Forbes estimates. Ambani was previously […]
Gautam Adani’s new subsidiary to undertake green hydrogen projects – EQ Mag Pro
It looks to become the world’s largest renewable energy company and produce the cheapest hydrogen Billionaire Gautam Adani’s logistics-to-energy conglomerate has set up a new subsidiary, ANIL to undertake green hydrogen projects, generation of low carbon electricity and manufacture of wind turbines, solar modules and batteries as it looks to become the world’s largest renewable […]
Adani to invest $70 bn in renewable energy, produce cheapest hydrogen – EQ Mag Pro
Gautam Adani said the group is working to make renewable a viable, affordable alternative to fossil fuels New Delhi: Billionaire Gautam Adani on Thursday said his logistics-to-energy conglomerate will invest $70 billion over the next decade to become the world’s largest renewable energy company and produce the cheapest hydrogen on the Earth. Adani Green Energy […]
Gautam Adani’s $70 Billion Pledge Now Includes Greenest Data Centers – EQ Mag Pro
The conglomerate has committed to invest a total $70 billion by 2030 across its green energy value chain to become the world’s largest renewable energy producer. Billionaire Gautam Adani wants his conglomerate to be a world leader in green data storage, with data centers run entirely on clean power playing a key part in his […]
India Will Produce The Cheapest Hydrogen In The World: Gautam Adani
London : Adani Group Chairman Gautam Adani said that policies to manage and overcome the climate change crisis must be equitable and pragmatic. Speaking to business leaders on the sidelines of the UK’s Global Investment Summit at the London Science Museum, he noted that green policies and climate action not based on equitable growth will […]
Gautam Adani says $50-70 bn investment planned across energy chain
Adani said his infrastructure conglomerate will invest between USD 50-70 billion in organic and inorganic growth opportunities across the entire energy value chain over the next decade Billionaire Gautam Adani on Monday said his infrastructure conglomerate will invest between USD 50-70 billion in organic and inorganic growth opportunities across the entire energy value chain over […]