Adani Group clarifies MSCI action on climate change indices
AdGroup has expressed disappointment by MSCI's decision to drop Adani Ports and Special Economic Zone (APSEZ) from some of its climate change indices.
AdGroup has expressed disappointment by MSCI's decision to drop Adani Ports and Special Economic Zone (APSEZ) from some of its climate change indices.
In August this year, APSEZ had said its investment in a port in Myanmar was not in violation of any sanction guidelines issued by the Office of Foreign Assets Control (OFAC) of the US Department of Treasury.
APSEZ's cargo volume grew by 83 per cent in first quarter of the current fiscal to 76 MMT as compared to 41 MMT in the corresponding period in the previous financial year
The LNG regasification services would be provided to GAIL on a use or pay basis, the company said in a BSE filing.
The company has merged its port business with Adani Ports & SEZ, while it has merged its power business with Adani Power.