Page 6 - Adani Group

Adani Power receives LoI for 2,400 MW thermal plant in Bihar's Bhagalpur

The company will supply power from a greenfield 3x800 MW Ultra-supercritical thermal power plant, to be developed under the Design, Build, Finance, Own, and Operate (DBFOO) model

Adani Group denies report of battery tie-up with China's BYD, Welion

The statement came after Bloomberg reported that the Gautam Adani-led conglomerate was exploring a partnership with BYD to manufacture batteries in India as part of its clean energy expansion

PSP Projects tanks 17%, hits over 2-month low on heavy volumes; here's why

In Q1, PSP Projects reported weak earnings due to a decline in revenue given the labour shortages and delays in project execution

Adani group announces $10 bn investment in Vietnam's growing economy

Adani Group pledges up to $10 billion in Vietnam, focusing on infrastructure, energy, seaports, airports, logistics, and digital technology as part of its Southeast Asia expansion

Adani Enterprises Q1 net falls 50% to ₹734 crore; airport EBITDA up 61%

While overall profit and revenue declined in Q1 FY26, Adani Enterprises saw strong airport earnings and reaffirmed commitment to long-term infra investments

Orient Cement shares rally 6% after multi-fold Q1 profit jump; details here

Orient Cement shares rose over 6 per cent after the company posted a multi-fold jump in the June quarter net profit

Adani Ports, 2 others vie to build 174-acre logistics park in Greater Noida

Adani Ports, Super Handlers, and Empezar Logistics are eyeing to build a 174-acre logistics park in Greater Noida, which is expected to attract an investment of ₹1,200 crore

Reliance, Adani, Mahindra among top firms in ₹60k cr govt ITI upgrade plan

The Ministry of Skill Development and Entrepreneurship plans to modernise 1,000 ITIs, train two million youth in five years, and align vocational education with industry needs in a hub-and-spoke model

NCLT approves merger of AEL's Adani Cementation with Ambuja Cements

Strap: The scheme is set to take effect from April 1, 2024, once all steps in the merger agreement are completed, as stated in the 70-page NCLT order

Smallcap stock hits 12-year high, surges 44% in 7 days. Do you own?

Shares of Jaiprakash Power Ventures hit a multi-year high of ₹26.81, as they surged 13 per cent on the BSE in Monday's intra-day trade amid heavy volumes in an otherwise weak market.

Delhi, Mumbai flyers may face higher charges as GMR, Adani win tariff case

A tribunal has allowed GMR and Adani Airport to include non-aero revenue in tariff model, boosting earnings at Delhi and Mumbai airports; flyers and airlines may face higher charges as a result

In defence of short-sellers: Key to a balanced and functional market

Successful traders who use WSB and publicly announce their positions along with the rationale have inspired millions of followers who enthusiastically mirror their trades

Adani Green Energy's operational renewable capacity rises 45% to 15,816 MW

Adani Green Energy Ltd on Friday said its operational renewable energy generation capacity rose 45 per cent to 15,816 MW during June quarter as compared to the year-ago period. It had an operational RE capacity of 10,934 MW in April-June 2024, a regulatory filing said. The 15,816 MW RE capacity includes 11,156 MW solar, 1,986 MW wind and 2,674 MW hybrid renewables. The sale of renewable energy rose 42 per cent to 10,479 million units (MUs) in the quarter from 7,356 MUs in the same period a year ago. The company has already met the 31 per cent or 6,138 MUs of its total committed generation of 19,667 MW (annual commitment as per power purchase agreements) in June quarter only. It operationalised 3,763 MW of solar, 585 MW wind and 534 MW hybrid renewable capacity and added greenfield RE capacity of 1.6 GW in the quarter. The company is aiming 50 GW renewable portfolio by 2030.

Gautam Adani announces ₹60,000 cr investment for healthcare 'revolution'

Starting with Mumbai and Ahmedabad, group to build 1,000-bed hospitals designed by US-based Mayo Clinic

Adani Group close to acquiring Jaiprakash Associates, makes ₹12,000 cr bid

With a cash payout of ₹3,500 crore, the Adani Group is leading the race to acquire Jaiprakash Associates. The offer also includes retaining ₹890 crore within the company after its acquisition

Adani Group in talks with MUFG to raise $250 million via offshore loans

Two units of Adani Group are in advance talks to raise about $250 million from Mitsubishi UFJ Financial Group through separate bilateral offshore loans, according to people familiar with the matter

Adani Enterprises' ₹1,000 cr bond issue fully subscribed in just 3 hours

Adani Enterprises Ltd's Rs 1,000 crore bond issue was fully subscribed within three hours of opening on Wednesday, stock exchange data showed. The non-convertible debenture (NCD) issue, which opened on Wednesday and was to close on July 22, may see early closure due to the issue being fully subscribed, sources said. NCDs are debt instruments issued by companies to raise funds from investors, promising fixed interest payments. The Adani group's flagship firm promised up to 9.3 per cent interest per annum. The issue received bids worth over Rs 1,400 crore by 15.30 hrs, stock exchange data showed. The offering was on a first-come, first-served basis and saw participation entirely from the non-institutional segment, including retail investors, high networth individuals and corporates. This was Adani Enterprises' second public issuance of secured, rated, listed redeemable, non-convertible debentures. "What sets this issue apart is the strong and encouraging participation that has ent

Adani Power acquires 600 MW VIPL coal power plant for Rs 4,000 crore

Adani Power Ltd on Tuesday announced the completion of its acquisition of the 600 megawatt (MW) Vidarbha Industries Power Ltd through the insolvency route for an aggregate consideration of Rs 4,000 crore. On June 18, 2025, the Mumbai Bench of the National Company Law Tribunal (NCLT) approved its resolution plan for Vidarbha Industries Power Ltd (VIPL), Adani Power Ltd (APL) said in a statement. Subsequently, the plan was successfully implemented on July 7, 2025, taking APL's operating capacity to 18,150 MW with this acquisition. VIPL is a 600 MW domestic coal-fired power plant (2300 MW units) located in Butibori, Nagpur district, Maharashtra. APL has successfully completed the acquisition and implemented the resolution plan for VIPL for an aggregate consideration of Rs 4,000 crore. The company further said it's on track to achieve its target of 30,670 MW capacity by 2029-30. It is further undertaking the expansion of its base-load power generation portfolio through a mix of ...

Adani Power seals ₹4,000 crore deal for Vidarbha Industries Power

With this acquisition, Adani Power's operational capacity rises to 18,150 MW, with targets to reach 30,670 MW by 2030

Adani Group signs agreement with Mhada to redevelop Mumbai's Motilal Nagar

Adani Group signs a deal with Mhada to redevelop Mumbai's Motilal Nagar colonies, a Rs 36,000 crore project aimed at creating ultra-modern homes, commercial spaces, and a 15-minute city concept