Business news – Page 18

Business

APSEZ 9M FY22 – Cargo Volume up 22% & Total Revenue up 35

February 1, 2022 Vinayak Barot

Achieved total cargo volume of 212 MMT – a growth of 22% Market share in All India cargo increased by 350 bps to reach 28.1% Market share in container segment increased by 189 bps to 42.2% Consolidated Revenue Rs.12,089 Cr– a growth of 35% Consolidated EBITDA Rs.7,428 Cr– a growth of 29% Port EBIDTA of […]

Business

Adani Total Gas Ltd to invest Rs 20,000 Cr in CGD sector in the next eight years

January 31, 2022 Vinayak Barot

ATGL recently won 14 Geographical Areas in the 11th Round of CGD bidding Expands services to northeast region of the country ATGL’s CGD Network to enable access to around 10% of India’s population With the addition of 14 Geographical Areas (GAs), Adani Total Gas will now be catering to 9+ million households with cleaner fuel […]

Business

Ahmedabad’s Sardar Vallabhbhai International airport gets ready to welcome the General Aviation Terminal for Private/NSOP flights

January 28, 2022 sanket

Ahmedabad: Being the hub of business and finance, Ahmedabad is a key destination for non-scheduled and private flights. The commencement of domestic and International flight operations from the GA terminal is a significant step for SVPI airport in the endeavour to cater to the needs of the growing bespoke travel schedules. Significant for Growth of Indian […]

Business

Adani’s Mundra Port handles the largest ever container vessel to call on India

January 28, 2022 sanket

APL Raffles, is one of the largest vessels in the fleet of CMA CGM APL Raffles | Nominal Capacity – 17,292 TEU, LOA – 397.88 m, breadth – 51 m and draft – 16 m APL Raffles – berthed at Adani CMA Mundra Terminal Pvt Ltd (ACMTPL) ACMTPL is a joint venture between Adani Port […]

Business

POSCO & Adani sign MoU for Integrated Steel Mill

January 13, 2022 sanket

MoU for Comprehensive Cooperation to strengthen high-grade steel market position and enhance capability in response to carbon reduction requirements Group-level cooperation across sectors like Integrated Steel Mill, raw material, renewable energy, hydrogen, logistics, and other businesses Ahmedabad, 13 January 2022: POSCO and the Adani Group have agreed to explore business cooperation opportunities, including the establishment […]

Business

Ahmedabad Airport paves way for a greener tomorrow

January 12, 2022 sanket

Ahmedabad, 12, January 2022: Not only airplanes, but airports are also responsible for carbon emissions in the civil aviation sector. Indian airports such as the ones in New Delhi, Mumbai, Kochi and Vadodara have taken steps to minimize their carbon footprints. And now Sardar Vallabhbhai Patel International Airport (SVPIA or Ahmedabad International Airport) is also […]

Business

Adani Foundation, Gujarat Government sign pact for student tours to Adani facilities

January 5, 2022 sanket

Ahmedabad, 5 January 2022: The Adani Foundation, the social development arm of the Adani Group, and the Government of Gujarat have signed an MoU on Project Udaan, under which exposure tours will be organised for school and college students (technical and non-technical) to visit and explore Adani Group facilities. The understanding on Project Udaan was […]

Business

Adani Total Gas launches Greenmosphere

December 30, 2021 sanket

Aims to create a low carbon society through community collaboration Greenmosphere aims at green technology, afforestation and energy audit Will employ the Akira Miyawaki technique for afforestation Forests thus created will absorb 30 times more carbon dioxide Awareness campaign for millennials across all educational institutions Will develop green park & information centre at Smritivan, Ahmedabad […]

Business

Adani Transmission wins Asia-Pacific Indian Deal of the Year Award

December 27, 2021 sanket

PFI recognizes ATL for its USD 700 Mn revolving project financing transaction The award validates the overall capital management program and associated Platform Infrastructure Financing Framework through which ATL raised USD 700 Mn in one of Asia’s largest revolving project finance transactions Reinforces ATL’s strategy to deepen the overall liquidity pool through international banking market […]

Business

Adani Green wins Global Sponsor of the Year award

December 27, 2021 sanket

PFI recognizes AGEL as a key driver of energy transition AGEL is the only Indian company ever to win this award AGEL has set up the platform for 45GW of RE generation capacity by 2030 AGEL is acknowledged to be on track to become the largest renewable energy generator in the world The award signifies […]