Adani eyes 45 GW renewable energy capacity by 2030
"As the world's leading solar power developer and India's largest renewable energy company, we are taking very big steps," he said.
"As the world's leading solar power developer and India's largest renewable energy company, we are taking very big steps," he said.
Adani Group Founder and Chairman, Gautam Adani, on Friday said that he is glad to see the new ' The Adani Green Energy Gallery' becoming a reality in partnership with the The Science Museum in the UK.
In a statement filed with exchanges, Adani Green said it has no relationship with the third party and is "thus unable to comment" on the scope of the US investigation into the alleged dealings.
The company “states that it has not received any notice from the Department of Justice of US in respect of the allegation referred to in the said article.
A note from unit Adani Ports & Special Economic Zone Ltd. due in 2041 slid 2.4 cents, the most since August, to 79.1 cents. Another bond from subsidiary Adani Renewable Energy RJ Ltd. due 2039 fell 2.3 cents to 83 cents, the worst drop since February 2023.
The projected capital expenditure or capex for 2024-25 (April 2024 to March 2025) fiscal is 40 per cent higher than what the portfolio is estimated to have incurred in FY24.
The report set off an over USD 150 billion selloff in the conglomerate's stocks and led Gautam Adani - who was listed as the world's second richest at the start of 2023 - to slip out of the top 20. The stocks have since recovered most of the losses.
The two leaders met in Mumbai on Monday morning to discuss India's potential around semiconductors, AI and mobility, according to a social media post by Adani.
Issuing the dollar security would give Adani its latest boost, after it won fresh equity backing from investors including GQG Partners LLC last year and successfully refinanced $3.5 billion worth of debt for the acquisition of cement companies.
Kutch Copper Ltd (KCL), a subsidiary of Adani Enterprises Ltd, expects to start its operations in the next few weeks.
The company is discussing the planned transaction with a group of foreign lenders and is likely to raise the money via offshore loans in two or three tranches over the next 12 months, with the process starting in June, the people said, asking not to be identified because the details are private.