November 18, 2025
Home Posts tagged Gautam Adani
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The Adani Group has announced its entry into the Battery Energy Storage Systems (BESS) sector with a pioneering 1,126 MW / 3,530 MWh project at Khavda, Gujarat. Designed to store enough power for three hours of full-capacity output, the installation will be India’s largest BESS project and one of the world’s biggest single-location deployments, featuring […]Continue Reading
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Adani Enterprises Ltd is set to begin operations at its massive Kutch Copper smelting complex in India within the next four weeks, according to Felipe Williams, the company’s head of metals. Speaking at an International Copper Association conference in Santiago, Williams revealed that the facility, touted as the world’s largest metallurgical complex for copper and […]Continue Reading
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Billionaire Gautam Adani is in advanced discussions to acquire the Indian unit of Dubai-based developer Emaar Group in a deal valued at approximately $1.4 billion. Sources familiar with the matter revealed that an unlisted Adani unit may inject around $400 million in equity as part of the transaction. While the deal is expected to be […]Continue Reading
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The Bharatiya Janata Party (BJP) has launched a sharp counterattack against the Congress party following its criticisms over recent bribery allegations against industrialist Gautam Adani. US prosecutors have accused Adani and his associates of a $265 million bribery and fraud scheme linked to solar energy contracts. BJP IT head Amit Malviya questioned the timing of […]Continue Reading
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Billionaire Gautam Adani, during the annual shareholders meeting of Adani Enterprises Ltd., declared that his conglomerate is stronger than ever, with record earnings, robust cash positions, and the lowest debt ratios in its history. He attributed this strength to the group’s infrastructure focus, which positions it well to capitalize on India’s anticipated Continue Reading
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Billionaire Gautam Adani, along with his family, is reportedly planning a substantial $1 billion investment in Adani Green Energy, as per sources from Bloomberg News. The proposed strategy involves the issuance of preferential shares to the founders of Adani Green, aimed at supporting the company’s expansion efforts and addressing refinancing needs. Adani Green Continue Reading
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Adani Green Energy, the renewable energy firm owned by billionaire Gautam Adani, has set a target of establishing 45 gigawatts (GW) of renewable energy capacity by 2030. This move is aimed at contributing to India’s carbon neutrality goal and reducing emissions. Currently, the company has operational renewable energy capacity of 8.3 GW, with an additional […]Continue Reading
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A day after the Congressman’s scathing criticism of him tied to billionaire Gautam Adani, Prime Minister Narendra Modi made multiple jabs at him in parliament today without identifying him. “Yesterday, after some people’s remarks in Lok Sabha, I was watching. The entire ‘ecosystem’ was excited. Supporters were jubilant. Some people were very Continue Reading
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In order to restore confidence in the conglomerate that saw its value plummet by nearly $70 billion after a small New York short seller released a damning report, billionaire Gautam Adani’s troubled group clung to a $400 million (Rs 3,260 crore) investment by Abu Dhabi’s International Holding Co. in its flagship firm’s share sale. The […]Continue Reading
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According to those acquainted with the negotiations, Asia’s richest man, Gautam Adani, is considering establishing a family office abroad to manage his soaring wealth. The insiders, who asked to remain anonymous since the topic is private, said that the chairman of the ports-to-power Adani Group conglomerate is considering Dubai or New York as the basis […]Continue Reading
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