Page 10 - Adani Group

Adani Green Energy operationalises 307.4 MW renewable energy projects

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

Adani Group pushes for more flying rights to boost traffic at its airports

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 ₹1.8 trn defence spend to boost military capabilities

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 seals ₹80,000 cr in deals since 2023 short-seller crisis

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

Growth potential and earnings factored into GE Vernova's valuations

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 approves merger of ACC and Orient Cement into parent entity

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

AAHL will either have an IPO or demerger between 2027 and 2030: Jeet Adani

Navi Mumbai International Airport will begin commercial operations on December 25, with Adani Airports outlining traffic targets, capex plans and long-term expansion

Adani's airport unit plans $11 bn investment, seeks partner ahead of IPO

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

Mumbai airport to shut cargo flights for 10 months from August 2026

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

NCLT approves first stage of Adani Harbour and Adani Ports merger

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 oversubscribed; to raise about ₹24,930 crore

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

Adani Group to invest up to ₹12 trillion in India by 2031: Gautam Adani

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

Will invest over $75 bn in energy transition space in 5 yrs: Gautam Adani

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 integrates TNFD framework for nature-positive renewable growth

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, ..

Adani, Hindalco eye investments in Peru's copper sector as demand surges

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

Adani Group plans to invest $15 bn to boost passenger capacity at airports

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

Adani Enterprises completes ₹231 cr acquisition of Trade Castle Tech Park

Adani Enterprises Ltd, the flagship firm of business tycoon Gautam Adani's group, on Tuesday said it has completed a Rs 231.34 crore acquisition of Trade Castle Tech Park (TCTPPL), an infrastructure developer which owns sizeable land parcels. AdaniConneX (ACX), a joint venture of Adani Enterprises Ltd and data centre operator EdgeConneX, had executed a share purchase agreement on November 21, 2025 with TCTPPL and Shree Naman Developers and Jayesh Shah (existing shareholders of TCTPPL) to acquire 100 per cent stake in TCTPPL. The acquisition was to set up infrastructure facilities, it had said without elaborating. "AdaniConneX Pvt Ltd has completed the acquisition of 100 per cent stake of Trade Castle Tech Park Pvt Ltd and thereby TCTPPL has become a step-down joint venture of the company," AEL said in a stock exchange filing. The purchase consideration for the acquisition is Rs 231.34 crore, Adani Enterprises Ltd (AEL) had said on November 21. "TCTPPL is incorporated in India and

FinMin does not advise LIC; its Adani investments as per SOPs: Sitharaman

Finance Minister Nirmala Sitharaman on Monday said her ministry does not issue advisory or directions to Life Insurance Corporation of India (LIC) regarding its investment decisions, and emphasised that the investments that the state-owned insurer made in Adani Group were as per established SOPs. India's largest insurer has, over the years, made investment decisions across companies based on fundamentals and detailed due diligence. Following due diligence as per established standard operating procedures (SOPs), it has bought shares across half a dozen listed companies of Adani Group, whose book value stands at Rs 38,658.85 crore and invested another Rs 9,625.77 crore in debt instruments of the conglomerate. "The Ministry of Finance does not issue any advisory/direction to LIC in connection with matters related to investment of LIC fund," she said in a written reply to a question in Lok Sabha. The investment decisions of the state-owned insurer, she said, are taken by "LIC alone ...

Court bars Carmicheal mine opponent from pursuing Adani's confidential data

The Supreme Court of Queensland has issued permanent orders preventing an anti-fossil-fuel activist from seeking or using confidential information belonging to Adani's Carmichael coal mines in Australia, concluding a multi-year legal dispute between the company and one of its most persistent opponents. Under the orders, Ben Pennings must cease all attempts to obtain confidential business information from Bravus employees, contractors or prospective contractors, and is barred from encouraging others to disclose such information, according to a statement issued by Bravus Mining and Resources. Bravus, part of the Adani Group, agreed not to pursue its legal costs. The firm operates the Carmichael coal mine in the Galilee Basin. It produces about 10 million tonnes of coal each year for the export market. The permanent orders prohibit Pennings from seeking or promoting the disclosure of confidential information, including through "direct action" campaigns aimed at eliciting insider leaks

Adani group pegs market borrowings at ₹90,000 cr in FY27: Jugeshinder Singh

Adani Group plans to raise ₹90,000 crore in FY27 to fund a ₹1.5-trillion annual capex push across power, logistics, airports, data centres and potential Sahara asset acquisitions