Business news – Page 25

English

Adani Transmission completes acquisition of Alipurduar Transmission from Kalpataru Power Transmission for an enterprise value of around INR 1300 Cr

November 27, 2020 sanket

Adani Transmission Limited (ATL) has acquired 49% stake, with agreement to acquire 51% too, in Alipurduar Transmission Limited pursuant to definitive agreements signed in July 2020 Alipurduar Transmission Ltd. operates transmission lines aggregating to around 650 ckt kms in West Bengal and Bihar With this acquisition, the cumulative network of ATL will reach more than […]

English

APSEZ Ranks 14th in the Transportation and Transportation Infrastructure Sector of Dow Jones Sustainability Emerging Markets Index, 2020

November 23, 2020 sanket

APSEZ now part of DJSI Emerging Markets Index Based on SAM Corporate Sustainability Assessment score card 2020 by Dow Jones Sustainability Emerging Markets Index, Adani Ports and Special Economic Zone (APSEZ) ranks 14th in the transportation and transportation infrastructure sector APSEZ is the sole company in the transportation and transportation infrastructure sector from India and […]

English

Adani Group announces strategic collaboration with Snam, Europe’s leading gas infrastructure company on energy mix transition

November 7, 2020 sanket

Ahmedabad, 7 November 2020: The Adani Group added a new chapter to its legacy of nation-building by announcing strategic collaboration with Italy-based Snam, Europe’s leading gas infrastructure company. The collaboration, an integral part of the virtual summit between Indian Prime Minister, Narendra Modi and Italian Prime Minister, Giuseppe Conte, would envisage exploration of the hydrogen […]

English

Adani Transmission Limited Consolidated Results for H1 FY21 and Q2 FY21

November 6, 2020 sanket

ATL reports cash profit of Rs. 1,591 Cr, up 51% yoy in H1 and Rs. 676 Cr, up 30% yoy in Q2 PBT of Rs. 778 Cr, up 33% yoy in H1 and Rs. 296 Cr, up 12% yoy in Q2 Operational Highlights H1 FY21: Transmission Robust Transmission system availability at 99.9% even during pandemic […]

English

Adani Airports to acquire controlling interest in Mumbai Airports

September 2, 2020 sanket

Media Statement by Mr. Gautam Adani Chairman, Adani Group The Mumbai International Airport is absolutely world-class and I compliment the GVK Group for having built such an outstanding airport. The addition of the Mumbai International Airport and the Navi Mumbai International Airport to our existing portfolio of 6 airports provides us a transformational platform that […]