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Adani Group
Adani Power on Friday posted about a 142 per cent jump in its net profit to Rs 7,019.32 crore in the September quarter of FY27, citing higher revenue and one-time income. Profit after tax stood at Rs 2,906.46 crore in Q2 FY26, the company said in a statement. Operating revenue increased by 29.8 per cent to Rs 17,014.06 crore during the quarter under review from Rs 13,106.34 crore in Q2 FY26, it said. The growth was driven by higher volumes on account of a significant increase in electricity demand and higher tariffs under the power purchase agreement (PPA) due to a sharp increase in imported coal prices and improved merchant realisation, Adani Power said. Also, there was one-time prior period revenue recognition of Rs 2,422.25 crore in Q2 FY27, primarily due to the revision in historic energy charges under certain PPAs, as compared to Rs 668.53 crore in Q2 FY26, it explained. Finance costs were lower by 9.7 per cent at Rs 760.23 crore in the latest September quarter, compared to R
AdaniConneX's planned data centre campuses in Visakhapatnam, being developed in partnership with Google, will use air-cooled systems to eliminate the need for water-based evaporative cooling and keep freshwater consumption across three sites to less than the volume of an Olympic-sized swimming pool, according to the project details. The campuses at Mudasarlova and Tarluvada are part of a proposed data centre development with a capacity of about 1 gigawatt, as Visakhapatnam seeks to emerge as a major hub for artificial intelligence and digital infrastructure. Unlike conventional data centres that use evaporative cooling systems and cooling towers, the proposed facilities will rely on air-based cooling technology, avoiding the large volumes of water typically consumed by such systems, sources with knowledge of the matter said. Of the limited freshwater required across the three sites, around 80 per cent will be used for landscaping, kitchens and worker facilities, with water recycled
The Adani Group has completed or is executing projects worth Rs 2.6 lakh crore in Maharashtra out of an investment commitment exceeding Rs 6 lakh crore across sectors, including energy, aviation, urban regeneration, data centres and coal gasification, a top official of the group said. Speaking at the launch of the state's investment promotion body "Invest Maharashtra", Pranav Adani, Director of Adani Enterprises, said the group's investment blueprint was developed through commitments made at the World Economic Forum in Davos and through partnerships with the Maharashtra government. "At the World Economic Forum in Davos and through state partnerships, the Adani Group has committed to an investment blueprint exceeding Rs 6 lakh crore across critical and upcoming sectors like energy, aviation and aero-districts, urban regeneration, data centres and coal gasification. Projects worth Rs 2.6 lakh crore are already completed or under execution," he said. The investments come as Maharashtra
Adani Green Energy Ltd (AGEL) has expanded its operational battery energy storage system capacity to 6.63 GWh, which can store enough clean energy to power around two million homes a day. With this, the company has achieved almost 70 per cent of the company's target for FY27. The 6.63 GWh battery energy storage system (BESS) supports peak electricity demand of cities like Nagpur, Patna or Vizag for several hours. The company now accounts for more than 50 per cent of India's operational BESS capacity of about 12.6 GWh, AGEL said in a statement on Thursday. The Adani Group entity said it has achieved the 6.63 GWh milestone within 14 months of commencing on-site BESSconstruction at Khavda, and is on track to add over 10 GWh of BESS capacity in 2026-27. As of June 2026, AGEL had 3.55 GWh of operational BESS capacity. The company is targeting 50 GWh of storage capacity over the next 5 years. The BESS uses lithium-ion battery technology, integrated with an energy management systems (E
Dhamra Port in Odisha, operated by Adani Ports and Special Economic Zone (APSEZ), has shifted its entire electricity consumption to renewable power, becoming India's first large-scale private multi-cargo port to operate fully on renewable electricity, according to the company. The port, which handles more than 48 million tonnes (MT) of cargo annually, now meets more than 90 lakh units of monthly electricity demand from renewable sources. At its current operating level, its renewable power consumption exceeds 108 gigawatt-hours (GWh) on an annualised basis, APSEZ said. The shift, effective August 2026, is part of APSEZ's long-term Net-Zero strategy and is expected to reduce emissions associated with purchased electricity while improving the environmental performance of the energy-intensive port operations. The transition has been achieved through a combination of captive renewable power, third-party access arrangements and green-power procurement under Odisha's regulatory ...
Adani Group Chairman Gautam Adani on Thursday announced that the conglomerate would invest more than Rs 1 lakh crore in West Bengal by 2035. Addressing a gathering after laying the foundation for a 2,000-bed hospital in the New Town area near Kolkata along with Chief Minister Suvendu Adhikari, Adani said the group would spend Rs 4,000 crore on the multi-speciality 'Adani Arogya Mandir', and the project would create 10,000 jobs. Adani Group investments in West Bengal will be in ports, logistics, power, roads and data centre, the industrialist added.