Business news – Page 18

Business

Adani Transmission awarded 400 kV Karur Transmission Project for evacuation of renewable power

December 24, 2021 sanket

ATL wins the CERC regulated ISTS (interstate transmission) project through TBCB The project comprises Loop In Loop Out (LILO) of Pugalur – Pugalur (HVDC) line and 400 kV AIS substation in Karur, Tamil Nadu The project will help in evacuation of renewable energy in the Karur-Tiruppur region ATL to build, own, operate and maintain the […]

Business

Adani Announces Annual Prize for Social Enterprise

December 23, 2021 sanket

Winners to be chosen from India and the developing world Funding of Rs 5 Crore for Five Social Entrepreneurs Adani Prize for Social Enterprise will fund social upliftment projects in India and the developing world Annual prize will provide up to Rs 5 Crore funding to five social entrepreneurs chosen by a panel of eminent […]

Business

Adani Enterprises bags India’s largest expressway project

December 20, 2021 sanket

AEL receives LoA for Ganga Expressway in Uttar Pradesh Will build 464 km from Budaun to Prayagraj in Phase 1 With a project cost of over Rs. 17,000 Cr, this is India’s largest ever expressway project awarded to a private company under PPP framework AEL to construct three groups of access-controlled six-lane expressway, expandable to […]

Business

Adani completes one of India’s largest intra-state transmission lines

December 20, 2021 sanket

The long-distance transmission line of 897 Circuit Km comprises 765KV & 400KV in UP With this, ATL’s operational and under-construction assets add up to more than 18,300 Circuit Km This is one of the largest intra-state, Tariff Based Competitive Bidding (TBCB) projects It comprises 98 Circuit Km of 400KV D/C Twin Moose line and 799 […]

Business

Adani Signs World’s Largest Green PPA with SECI

December 14, 2021 sanket

Adani Green Energy to Supply 4,667 MW Adani is on track to be the world’s largest renewables player by 2030 This is the world’s largest ever green power purchase agreement AGEL has signed PPAs for close to 6000 MW of the 8,000 MW awarded The balance 2000 MW PPAs to be closed in the next […]

Business

Adani Transmission appoints Lisa MacCallum, as an independent director to accelerate sustainable business and ESG excellence goals

December 2, 2021 sanket

Lisa MacCallum, is joining the ATL board to influence the company’s governance best practices, customer, employee and stakeholder experiences and ESG commitment delivery Ahmedabad, 2 December 2021: Adani Transmission Limited (ATL), the largest private transmission company in India and a key listed entity of the diversified Adani Group of Companies today announced the appointment of […]

Business

Adani Group Clarifies MSCI Action on Climate Change Indices

November 29, 2021 sanket

Ahmedabad, November, 27: We are disappointed by MSCI’s decision to drop Adani Ports and Special Economic Zone (APSEZ) from some of its Climate Change indices. APSEZ has been far ahead of its industry in stating publicly, more than 15 months back, its absolute commitment to achieving carbon neutrality by 2025. In addition, we are also […]

Business

Adani Solar partners with KSL Cleantech To expand market share in the East and Northeast

November 23, 2021 sanket

Adani Solar is eyeing massive growth in the Indian renewables industry Committed to broaden its footprint to more than 1,000 towns in India Enhanced retail presence across India will complement its institutional sales business Ahmedabad, 23 November 2021: Adani Solar, the Adani Group’s solar manufacturing and EPC arm, today announced the launch of its retail […]

Business

Adani Transmission wins three CII awards

November 22, 2021 sanket

Wins Platinum, Gold & Silver in CII’s first Operational Sustainability Competition Platinum Award for green energy adoption for auxiliary consumption Gold Award for remote (central) operation with cluster-based maintenance Silver Award for greening of substations 22 November 2021, Ahmedabad: Adani Transmission Limited (ATL), India’s largest private sector power transmission and retail distribution company, has won […]

Business

Adani group releases Statement On The Seizure Of Hazardous Cargo Containers By Customs & DRI At Mundra Port

November 19, 2021 sanket

Ahmedabad, 19 Nov, 2021: On 18 Nov 2021, a joint Customs and DRI team seized several containers at Mundra Port from a foreign vessel on concerns that they contained undeclared hazardous cargo. While the cargo was listed as Non-Hazardous, the seized containers had Hazard Class 7 markings (which indicate radioactive substances). Although the containers were […]