Tag Archives: Gautam Adani

Adani hand-shakes with French Energy Major Total, to sell fuel & gas in India

PARIS | NEW DELHI | AHMEDABAD | MUMBAI | RAJKOT – Keeping in view the road infra growth story and the rising middle class consumer in India, French energy major Total S.A. inked pact with Indian conglomerate Adani Group to enter the energy market in India. Both companies aim to develop multi-energy offerings to the

In just one month, Adani incorporates the fourth foodgrain silos company

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India, Adani Enterprise Ltd said of having incorporated one more agri-logistics company – Adani Agri Logistics Samastipur Ltd, which shall be engaged in storage of foodgrains in silos. This is the fourth such wholly owned subsidiary incorporated by Adani Agri

Adani Group incorporates 2 more Agri Logistics Cos for Rajasthan and Maharashtra

AHMEDABAD | MUMBAI | RAJKOT – In just 5 days after having made announcement of incorporating agri logistics company for Gujarat at Dahod, Adani Enterprise Ltd said in a regulatory filing submitted to the Exchanges in India on Thursday – August 09, 2018 – of having incorporated two agri logistics companies for Rajasthan (based at

Adani Power Shareholder give nod to raise upto 50 billion rupees

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India, Adani Power Ltd said of the Company Board having got nod to raise upto 50 billion (~5,000 crore) rupees as and when required from the shareholders. In the 22nd Annual General Meeting of the members of Adani Power Limited held

Adani Enterprise floats subsidiary company to store foodgrains at Dahod

AHMEDABAD | MUMBAI | RAJKOT – Adani Enterprise Ltd informed the Exchanges in India on Friday night of having incorporated a wholly owned subsidiary for storage of food grain at Dahod district of Gujarat state. Company has incorporated a wholly owned subsidiary namely, “Adani Agri Logistics (Dahod) Limited” (“AALDL”) on 2nd August, 2018 with Authorized & Paid

Apex Court quashes NGT’s directions over Environment Clearance to Adani’s Hazira Port

AHMEDABAD | MUMBAI | RAJKOT – Supreme Court of India on April 23, 2018 – Monday set aside the direction in the order passed by National Green Tribunal against Adani Hazira Port Pvt. Ltd., cancelling the environment clearance granted by Environment & Forest Ministry of India. Adani Group issued press release into the matter on

Ex Tata Power MD & CEO Anil Sardana joins Adani Group

AHMEDABAD | MUMBAI | RAJKOT – Ahmedabad (Gujarat) headquartered Adani Transmission part of the Adani Group, a globally integrated infrastructure player today announced the appointment of Anil Sardana as Managing Director and Chief Executive Officer of Adani Transmission Ltd – with effect from 1st May, 2018 – Tuesday. Sardana based out at Mumbai resigned as

Adani Power Mundra facility sets new national benchmark of running a 300 MW unit continuously for 600 days generating 4142.56 mn units of power

MUNDRA | AHMEDABAD | MUMBAI | RAJKOT – Adani Power Ltd owned and operated 4,620 MW (megawatt) Ultra Mega Power Project (UMPP) Mundra facility has set a new national benchmark of operating one 330 MW unit continuously for 600 days generating 4142.56MUs (million units), the company press release said. According to industry data, a unit at

Adani Ports buybacks final trench of 2,500 Non-Convertible Debentures amounting to 2.5 bn rupees, Credit ratings of the company upgraded from negative to stable

AHMEDABAD | MUMBAI | RAJKOT – Adani Ports and Special Economic Zone Ltd has brought back the final trench of 2,500 non-convertible debentures (NCDs) priced at 1 million (10,69,630) rupees each amounting to 2.5 billion (250 crore) rupees, having date of maturity on August 18, 2018, the company update said. The buyback is a part

Adani Group meets investors in South East Asia, Europe, US to issue foreign currency bonds

AHMEDABAD | MUMBAI | RAJKOT – Officials of Adani Ports & Special Economic Zone (SEZ) Ltd, Adani Group company engaged in port, logistics, marine-maritime infrastructure business activities, will undergo series of meetings with institutional investors, analysts, outside India at Singapore, Hong Kong, London, Boston, Los Angeles, New York to attract foreign currency denominated bonds for