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Adani Electricity
Business

Mumbai’s ‘Green’ Diwali: Adani Electricity Makes History with 100% Renewable Electricity

Vinayak Barot
Mumbai, India – November 13th, 2023 — Diwali, the festival of lights, symbolizes the triumph of good over evil, knowledge over ignorance, and light over darkness. Adani Electricity’s unwavering commitment to sustainability and environmental stewardship beautifully aligns with these timeless values. Adani Electricity is thrilled to announce a historic milestone on this auspicious day of Diwali, […]
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WhatsApp Image 2023-11-08 at 10.53.18 AM
Business

U.S. International Development Finance Corporation, America’s development finance institution, to fund CWIT, Adani’s JV in Sri Lanka, for USD 553 Million

Vinayak Barot
Colombo, 8 November 2023, U.S. International Development Finance Corporation (DFC) has announced that it will be funding Colombo West International Terminal Pvt. Ltd. (CWIT) – a consortium of India’s largest port operator Adani Ports and SEZ Ltd., Sri Lanka’s leading enterprise John Keells Holdings (JKH) and the Sri Lanka Ports Authority – to the tune […]
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Sathwaro Mela at Adani Corporate House in Ahmedabad
English

Sathwaro: Together, Adani Foundation and artisans strive to revive India’s arts & crafts

Vinayak Barot
Ahmedabad, 3 November 2023: The Adani Foundation launched the Sathwaro Mela, a two-day event at ACH, Ahmedabad, showcasing India’s diverse arts and crafts. In its inaugural edition, the event featured an inspiring array of handmade products made by 20 self-help groups (SHGs) and artisans from across the country. With a focus on empowering artisans and […]
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Adani 1111
Business

Adani Power announces Q2 FY24 results, Q2 FY24 continuing revenue grows to Rs. 12,155 Crore

Vinayak Barot
Ahmedabad, November 2nd, 2023: Adani Power Ltd. [“APL”], a part of Adani Group, today announced the financial results for the second quarter ended 30th September 2023. Operating performance During Q2 FY 2023-24, APL and its subsidiaries achieved an average Plant Load Factor (“PLF”) of 58.3% and power sales volume of 18.1 Billion Units (“BU”), as […]
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adani green
Business

Adani Green Energy Ltd reports H1 FY24 results, Revenue up by 66% YoY to Rs. 4,029 Cr

Vinayak Barot
Ahmedabad, 30 October 2023: Adani Green Energy Ltd (AGEL), India’s largest and fastest growing pure-play renewable energy company, today announced financial results for the quarter and half year ending 30 September 2023. The performance snapshot for the period is as follows: Capacity Addition & Operational Performance – Q2 & H1 FY24: Particulars Quarterly performance Half […]
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adani Group
Business

Dhamra LNG terminal built entirely on promoter finance; no fin commitment from IOC, GAIL: Sources

Vinayak Barot
New Delhi, Oct 29 (PTI) Adani Group built an LNG import facility at Dhamra in Odisha entirely based on financial backing of promoters, with no financial undertaking or guarantees of public sector giants IOC and GAIL, who merely were tenants, sources said. Clarifying the group’s position, they said Indian Oil Corporation (IOC) and GAIL (India) […]
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adani
Business

The Adani Group has always conducted its business in compliance with all applicable laws and regulations

Vinayak Barot
Ahmedabad : With reference to the Bloomberg report on the National Financial Reporting Authority (NFRA), a spokesperson for the Adani Group said: “We strongly reject any suggestion that Adani Group and its businesses have not acted as per the regulations and accounting standards of the jurisdictions in which we operate. “The Adani Group has always conducted […]
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AMBUJA CEMENT
Business

Adani Cement refinances USD 3.5 billion from 10 international banks, terming out the acquisition finance facility by a tenor of 3 years

Vinayak Barot
Mauritius, 20 October 2023: Adani Cement, through Endeavour Trade and Investment Ltd, is pleased to announce the successful completion of its refinancing program for acquisition debt taken for Ambuja and ACC, through a USD 3,500 million financing package, raised from a clutch of international banks. This showcases Adani’s robust access to the global financial market […]
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