Karan Adani, managing director of Adani Ports & SEZ Ltd, on Sunday said that the Adani Group will invest Rs 1.5 lakh crore over the next five years in Gujarat's Kutch region. Adani was addressing the Vibrant Gujarat Regional Conference (VGRC) for the Kutch and Saurashtra regions held in Rajkot in the presence of Prime Minister Narendra Modi, Gujarat Chief Minister Bhupendra Patel, Deputy Chief Minister Harsh Sanghavi, and several industry leaders. "The Adani Group is committed to investing Rs 1.5 lakh crore over the next five years in the Kutch region. We will complete our Khavda project and commission the full 37 GW capacity by 2030, and we will also double our port capacity at Mundra in 10 years," he said. Adani said that every one of these investments aligns with India's national priorities: employment generation, industrial competitiveness, sustainability, and long-term resilience. "At a time when the global economy faces uncertainty and fragmentation, India is emerging as a ..
Adani Total Gas Ltd (ATGL), the city gas joint venture of Adani Group and French giant TotalEnergies, has cut prices of CNG and natural gas piped to household kitchens for cooking across multiple markets, delivering direct relief to them and motorists. CNG and domestic piped natural gas prices have been cut by up to Rs 4, the company said. The reduction follows the landmark tariff reform by the Petroleum and Natural Gas Regulatory Board (PNGRB), which has streamlined gas transportation charges and lowered input costs for city gas distributors. ATGL said the price reduction varies by geography, depending on transportation zones. In Gujarat and adjoining Madhya Pradesh-Maharashtra areas, CNG is now cheaper by Rs 0.50 to Rs 1.90 per kg while domestic PNG is down by up to Rs 1.10 per standard cubic metre. In Rajasthan, Punjab, Haryana-NCR, northern Madhya Pradesh and bordering Uttar Pradesh, CNG price has been reduced by Rs 1.40 to Rs 2.55 per kg while domestic PNG is cheaper by Rs 1.1
The planned fundraising also includes ₹500 crore in a greenshoe option, the bankers said, which firms typically exercise when pricing is favourable
Over four decades, traditional players have ceded significant ground to state-run enterprises and new, institutionally owned businesses that now drive market growth
Adani Green Energy (AGEL) on Wednesday said the company, through its various step-down subsidiaries, has operationalized an aggregate 307.4 MW power projects at Khavda, Gujarat, from January 1, 2026. With the commissioning of these plants, AGEL's total operational renewable generation capacity has increased to 17,237.2 MW, according to a regulatory filing. According to the filing based on relevant clearances, the company plans to operationalize these plants and commence power generation from January 1, 2026. Adani Hybrid Energy Jaisalmer Five Ltd operationalised the largest-capacity 126 MW hybrid project. Adani Green Energy Twenty Five C Ltd operationalised a 75MW solar project, while Adani Green Energy Twenty Six B Ltd synced 50 MW hybrid project. The other step-down arms, which operationalised renewable projects, are Adani Hybrid Energy Jaisalmer Five Ltd (31.2 MW of wind energy), Adani Green Energy Twenty Six B Ltd (25 MW of wind energy) and Adani Renewable Energy Forty One Ltd
The Adani Group's stance contrasts with the country's two largest airlines, IndiGo and Air India, which want New Delhi to be cautious about opening local skies to overseas carriers
Adani Group plans to invest Rs 1.8 lakh crore next year in defence manufacturing, with a focus on strengthening capabilities in unmanned and autonomous systems as well as advanced guided weapons as it looks to play a stealth anchor role in India's future warfare capabilities, sources said. Adani Defence & Aerospace in 2025 transitioned from extended planning cycles to rapid deployment with some of its military hardware being used in Operation Sindoor. Next year, it will invest in unmanned and autonomous systems, advanced guided weapons, sensors and electronics, AI-enabled multi-domain operations, and scaled-up maintenance, repair and overhaul (MRO) and training infrastructure, company sources said. Autonomous systems across air, sea and land domains are unmanned platforms that use sensors, software and secure networks to operate with minimal human intervention, expanding military reach while reducing risk to personnel. In the air, they include UAVs that conduct intelligence, ...
Adani Group has completed as many as 33 acquisitions worth about Rs 80,000 crore (USD 9.6 billion) across its businesses since January 2023, signalling sustained access to capital and steady execution following the short-seller allegations that jolted markets nearly three years ago. The buying spree has been concentrated in the conglomerate's core sectors, according to market data and company sources. Ports led with acquisitions of around Rs 28,145 crore, followed by cement at Rs 24,710 crore and power at Rs 12,251 crore. Newer, incubating businesses accounted for Rs 3,927 crore, while transmission and distribution added Rs 2,544 crore of deals, they said. The list does not include the Rs 13,500 crore planned acquisition of debt-laden Japyee Group in bankruptcy proceedings. That transaction is yet to conclude. A few transactions in works too are not in the list. The acquisitions come as Adani works to rebuild investor confidence after now shuttered US-based short seller Hindenburg
A large HVDC order win, rising transmission capex and renewable energy push strengthen GE Vernova T&D's earnings outlook, but high valuations already price in much of the upside
Ambuja Cements' board approved schemes to merge ACC and Orient Cement into Ambuja, setting share-swap ratios and targeting completion within 12 months to drive efficiencies and simplify structure
Navi Mumbai International Airport will begin commercial operations on December 25, with Adani Airports outlining traffic targets, capex plans and long-term expansion
Adani Airport Holdings currently operates seven airports, including those in Mumbai and Ahmedabad, and is now targeting 11 more airports slated for privatisation, Jeet Adani said
In FY25, Mumbai airport handled 8.9 lakh tonnes of cargo, accounting for nearly a quarter of India's total air cargo handled that year
The companies had approached the tribunal under Sections 230 to 232 of the Companies Act, seeking approval at the initial stage of the merger, with July 1, 2025 proposed as the appointed date
Adani Enterprises' rights issue drew bids for nearly 150 million shares, around 8 per cent above the 138.5 million on offer, with most additional demand coming from public shareholders
Ports-to-energy conglomerate Adani Group is all set to invest up to Rs 12 lakh crore in India in the next six years, chairman Gautam Adani said. The sizeable investments will be made in infrastructure, mining, renewable energy and ports, among others, he said. "There is huge investment potential. We will invest Rs 10 to 12 lakh crore in India in the next six years," Adani told PTI. The corporate India and industrialists are aligning with Prime Minister Narendra Modi's call for self-reliance, a mission described as "India's new Independence", the billionaire said. "Struggle for achieving self-reliance is on...the Prime Minister (Narendra Modi) has also given a call for this...That is a new Independence. That is what every industrialist and every group is working on," Adani told PTI. He was here to attend the centenary celebrations of IIT (ISM) Dhanbad. The proposed investment will include infrastructure, technology, energy transition, ports and other things, he said. "We have inv
Adani Group chairman Gautam Adani on Tuesday said the conglomerate will invest over USD 75 billion in the energy transition space over the next five years, asserting that the country must do what is best for itself, define its own development path and resist external pressures. Speaking at the 100th foundation day of the Indian Institute of Technology (Indian School of Mines), Dhanbad, Adani said the group is building the world's largest renewable energy park at Khavda in Gujarat, spread over 520 sq km. "At full capacity by 2030, this park will generate 30 gw of green energy. At average household consumption, this is equivalent to powering over 60 million homes a year," he said. "With the first 10 GW already commissioned, we are on track to deliver the world's lowest-cost green electron, setting a global benchmark in energy transition," he added. Adani said India is the world's third-largest electricity consumer, but its per capita consumption remains "less than 1,400 kWh a year, l
Adani Green Energy Ltd (AGEL) on Monday said it has integrated the guidance of the Taskforce on Nature-related Financial Disclosures (TNFD) into its core sustainability strategy, reinforcing its shift toward nature-positive renewable energy development. The TNFD framework is a global, science-led initiative founded by the United Nations Environment Programme Finance Initiative, the United Nations Development Programme, the World Wildlife Fund and Global Canopy. It provides a structured framework for organisations to identify, assess, manage and disclose nature-related risks and opportunities. By aligning with the TNFD framework, AGEL strengthens its leadership among global renewable companies integrating biodiversity considerations into strategic decision-making, supporting both global conservation priorities and India's climate leadership. This strengthens AGEL's ambition to transition from traditional Environmental, Social, and Governance (ESG) compliance to a more integrated, ..
India, the world's second-biggest importer of refined copper, may have to source 91 per cent-97 per cent of its copper concentrate requirements from overseas by 2047
The expansion ties in with a projected increase in India's air traffic, with passenger numbers expected to more than double to 300 million annually by 2030