Adani Wilmar Limited (AWL) has expanded its ready-to-cook range with the launch of the Kohinoor Hyderabadi Biryani Kit. According to the Indian fast-moving consumer goods (FMCG) food company, the do-it-yourself (DIY) biryani kit from the Kohinoor brand helps people to prepare restaurant-style authentic biryani in 30 minutes. The brand-new DIY biryani kit will be available […]
Adani Green Energy (AGEL) said that it has fully commissioned its fourth wind-solar hybrid power plant in Jaisalmer, Rajasthan. The 700MW hybrid power plant has been capitalized and is underpinned by a 25-year power purchase agreement (PPA) at INR 3.24/kwh, said the renewables business of the Adani Group. The plant is part of Adani Green […]
American equity investment boutique GQG Partners has completed a secondary equity transaction worth INR 15,446 crores ($1.87 billion) with the Adani Portfolio companies. The companies that secured the investment include Adani Ports and Special Economic Zone, Adani Green Energy, Adani Transmission, and Adani Enterprises. According to Adani Enterprises, the investment makes GQG Partners an important […]
Adani Green Energy has won approval from Sri Lanka’s Board of Investment (BOI) for a couple of onshore wind farms it plans to build in the island nation with an investment of $442 million. According to the Sri Lankan Board of Investment, the wind farms of Adani Green Energy will produce 1,500 to 2,000 jobs. […]
Adani Enterprises has reported a profit after tax (PAT) of INR 820 crores ($ 99.1 million) for the third quarter of the fiscal year 2023 (Q3 FY23), compared to loss of INR 12 crores ($1.5 million) for the same period of the previous fiscal year. The total income of the Adani Group company for the […]
Adani Power Limited has given up on its previously announced INR 7,017 crores acquisition of DB Power Limited after the long stop date under the memorandum of understanding signed by the parties dated 18 August 2022 expired on Wednesday, 15 February 2023. Last month, the parties mutually agreed to extend the long stop date by […]
Adani Power has reported a profit before tax of INR 212 crores for the third quarter of the fiscal year 2023 (Q3 FY23), an increase of 4% compared to INR 204 crores for the same quarter of the previous fiscal year. The Adani Group subsidiary said that its consolidated total income for the reported quarter […]
Adani Cement said that its cement and building material subsidiary ACC Limited will launch a green concrete solution called ACC ECOMaxX in Mumbai and other locations in the next few days. The new range of green concrete solution is targeted at building a sustainable future by means of conscious green construction, claimed the Adani Group […]
Adani Cement has introduced Geoclean (previously called Geocycle), the company’s waste management division, which has been formed to build circularity and preserve natural resources. According to Adani Cement, Geoclean by coprocessing waste helps towards a cleaner environment and conservation of natural resources by replacing conventional fuels with alternate fuels and raw materials (AFR). The Adani […]
Adani New Industries Limited (ANIL), a part of the Adani Group, has signed a technology development and licensing agreement with Australia-based Cavendish Renewable Technology to develop hydrogen electrolyzer technologies. The agreement covers costs for infrastructure to further develop intellectual property, royalties, and licence fees on the successful commercialization of the electrolyzer technologies of Cavendish Renewable […]