Two other companies that were short-listed for the bidding process along with Adanis had backed out in the final stage
Capacity target lowered from 60 to 25 mn tonnes per annum
Company envisages enhancing capacity from 10 MTPA to 15 MTPA
The green panel also directed Adani Group to maintain fishing harbours on the port for the welfare of local fishermen
The company has signed a purchase agreement with Credit Suisse AG, Singapore Branch for its Indian rupee denominated Masala bond
Acquisition of stressed infrastructure assets has pushed its debt to over Rs 1 lakh crore, highlighting concerns about its growth strategy
Rajesh Adani, managing director of Adani Group, was also present