Adani Group has planned to invest Rs 20,000 crore in setting up a super critical thermal power plant in Bihar. The development comes amid its plans for expands its cement, food processing and logistics business in the state.
The short but incisive video narrates the story of Tamtu, a young boy from a village who along with his father has been spending nights in darkness, waiting for the electricity to knock on their doors.
Adani Group has sufficient liquidity and operational cash flows to meet its debt obligations and planned capital expenditures in the medium term, said CRISIL Ratings on Friday.
After the indictment by the US Securities and Exchange Commission (SEC), the rating agency Fitch has revised the outlook on four Adani group firms from “stable” to “negative”.
The Telangana government has refused Rs 100 crore donation from the Adani Foundation for the Young India Skills University following the recent fraud charges brought by the US against the billionaire.
Cement and building materials leader ACC Ltd, part of the diversified Adani Group, on Thursday reported the highest quarterly revenue at Rs 4,614 crore, up 4 per cent (year-on-year).
Adani Wilmar Ltd on Thursday reported its highest-ever half-yearly net profit at Rs 624 crore for the first six months of the current fiscal (FY25).
Adani Energy Solutions Ltd (AESL) on Monday reported an increase in its project pipeline from Rs 17,000 crore in the first quarter of the current fiscal to Rs 27,300 crore in the second quarter (Q2 FY25).
Adani Group has started blending green hydrogen in Ahmedabad with a view to cut emissions and meet net-zero targets.
The Adani Mundra Cluster will become one of the world’s largest integrated green hydrogen hubs, with a planned capacity of 1 million metric tonnes per annum (MMTPA) of green hydrogen production by 2030, expanding up to 3 MMTPA by 2040.
