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Sagar Adani, Executive Director of Adani Group entity Adani Green Energy Ltd (AGEL), on Wednesday called for building robust domestic infrastructure to ensure energy security in a bid to withstand global shocks and disruptions, especially wars and conflicts. Addressing a session at Resilient Futures Summit organised by Economist Enterprise, the industrialist advocated for energy security and noted that countries should shift their priorities from how fast they can grow to how well they can withstand disruptions. "We've all seen how conflict in one region can disrupt supply chains across continents. We've all seen how shocks in energy markets can ripple through economies overnight," he said, noting that the question for every nation is no longer just how fast can you grow, it is: How well can you withstand disruption." Highlighting that energy is the foundational element, he said water security needs energy for desalination, treatment, and distribution, while food security needs ener
Adani Airport Holdings Ltd and MakeMyTrip on Monday announced a partnership to enable international travellers browse and pre-book duty-free products on the travel booking platform before departure or arrival at Adani-managed airports. Adani Airport Holdings Limited (AAHL) operates duty-free outlets across Mumbai, Ahmedabad, Lucknow, Mangaluru, Jaipur and Thiruvananthapuram. Additional services will be introduced in phases, MakeMyTrip stated.
Adani Green Energy Ltd plans to invest about Rs 15,000 crore to add more than 10 gigawatt-hours (GWh) of battery energy storage capacity in the current financial year, as it pivots towards delivering reliable, dispatchable clean power amid India's accelerating energy transition. The proposed addition will be over and above the roughly 3 GWh of installed storage capacity the company expects to reach shortly, following the commissioning of 1.4 GWh during FY26, it said during its earnings call. The batteries are being developed alongside renewable generation at Khavda in Gujarat, where AGEL is building what it describes as the world's largest renewable energy park. The storage systems are aimed at supplying power during peak evening demand when solar output tapers, helping smooth load profiles and enable round-the-clock renewable energy. "We are in the process of very significantly ramping up our capacity addition for batteries which we expect to commission north of 10 GWh, in this ..
Adani Enterprises Ltd (AEL) said its step-down unit has incorporated three wholly-owned subsidiaries focused on hotel and real estate development as part of its airport city expansion strategy. Adani Airport City Ltd, a step-down wholly-owned subsidiary of the company, has set up Adani Navi Mumbai Airport City Ltd, Adani Guwahati Airport City Ltd and Adani Ahmedabad Airport City Ltd. The new entities will undertake real estate activities including construction, along with hotels featuring integrated restaurants, banquets and business centres, according to a regulatory filing by the company. The newly incorporated entities "shall be engaged in the business of real estate activities with own or leased property, construction of buildings carried out on own - account basis or on a fee or contract basis - hotels with integrated restaurants, banquets and business centres," it said. It however did not elaborate if the plan included construction of hotels within the vicinity of airports it
The US Securities and Exchange Commission and Indian businessmen Gautam Adani and Sagar Adani have jointly requested a US court for more time to file key submissions in a civil securities case, proposing a revised schedule for motions and responses. In a filing before the US District Court for the Eastern District of New York, the parties said they had conferred in line with the court's April 7 directive and agreed on a new timeline, which has been submitted for approval to Judge Nicholas G Garaufis. The SEC had sued Adani Group founder Gautam Adani and his nephew, Sagar, in November 2024, alleging they had misled investors by failing to disclose an alleged bribery scheme tied to Indian state officials, framing the case under US securities laws. Denying all allegations, the two, through their lawyers, on April 7, filed a pre-motion letter ahead of a planned April 30 motion, seeking dismissal of a fraud lawsuit, arguing the case represents an impermissible extraterritorial applicatio
Adani Energy Solutions Ltd (AESL) on Tuesday said its arm Adani Electricity Mumbai Infrastructure Ltd (AEMIL) has started operation of 1,000 MW transmission link between Kudus and Aarey. The high-voltage direct current transmission link comprising a 30-kilometre overhead line and a 50-km underground corridor, has been designed to operate within the constraints of a densely built urban environment, AESL said in a statement . It also features the world's first compact HVDC (high-voltage direct current) substation. At its core, the link enables Mumbai and the MMR to draw more electricity from outside the city, including renewable energy generated in other regions, according to a statement. The additional 1,000 MW of capacity helps reduce reliance on in-city generation, improves grid resilience, and lowers the risk of large-scale outages. The project deployed Voltage Source Converter (VSC)-based HVDC technology. It also offers key operational benefits, including dynamic voltage supp