Business

Adani Total Gas Secures Largest Global Financing in the City Gas Distribution Business

September 20, 2024 Vinayak Barot

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Ahmedabad, 20 September 2024: Global lenders have provided financing to India’s leading City Gas Distribution (CGD) company, Adani Total Gas Ltd (ATGL). ATGL has entered into an overall financing framework which enables ATGL to secure future funding based on its business plan. The maiden financing of USD 375 million executed with international lenders include an […]

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Business

Torrent Power receives Letter of Intent for 1,500 MW Pumped Hydro Storage Project

September 17, 2024 Vinayak Barot

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Ahmedabad, 17th September, 2024: Torrent Power Limited has emerged as a successful bidder and has received Letter of Intent (LOI) from Maharashtra State Electricity Distribution Co. Limited (MSEDCL) on 17th September 2024 for procurement of 1,500 MW/ 12,000 MWh Energy Storage Capacity from Pumped Hydro Storage Project. Detailed Letter of Award will be issued by […]

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Business

Neither the Adani Group nor any of its companies or subsidiaries have issued any press releases related to Kenya

September 16, 2024 Vinayak Barot

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Spokespersons, Adani Group Said, Certain vested interests with malicious intent are circulating multiple fraudulent press releases, including one titled “Adani Group Denounces Baseless Accusations and Threats”, related to our presence in Kenya. We categorically state that neither the Adani Group nor any of its companies or subsidiaries have issued any Press Releases related to Kenya. […]

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Business

Torrent Power commits investments of over Rs 64,000 crores at ‘RE-Invest 2024’ with potential employment for 26,000 people

September 16, 2024 Vinayak Barot

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Ahmedabad, 16th September, 2024: Torrent Power Limited, the integrated power utility of diversified Torrent Group, has reaffirmed its commitment towards green and sustainable future as it submitted two Shapath Patras to the Union Ministry of New and Renewable Energy, Government of India at the 4th Edition of RE-Invest at Gandhinagar on Monday. The Company has submitted a ‘Shapath […]

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revoinews

Maharashtra State DISCOM issues Letter of Intent for supply of 6600 MW hybrid solar and thermal power by Adani Green and Adani Power

September 15, 2024 Vinayak Barot

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Ahmedabad, September 15, 2024: Adani Green Energy Limited (AGEL), India’s largest renewable energy company, will sign a long-term Power Purchase Agreement (PPA) with Maharashtra State Electricity Distribution Company Limited (MSEDCL) under the Letter of Intent (LOI), for supply of 5 GW (5000 MW) solar power from the world’s largest renewable energy park being developed at […]

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Business

The Adani Group has no involvement in any Swiss court proceedings

September 12, 2024 Vinayak Barot

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Adani Group spokesperson said, “We unequivocally reject and deny the baseless allegations presented. The Adani Group has no involvement in any Swiss court proceedings, nor have any of our company accounts been subject to sequestration by any authority. Furthermore, even in the alleged order, the Swiss court has neither mentioned our group companies, nor have we […]

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Business

Adani Ports & SEZ to develop multipurpose berth at Gujarat’s Kandla Port

September 11, 2024 Vinayak Barot

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Ahmedabad, 11 September 2024: Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest port developer-cum-operator, has signed a concession agreement with DPA to develop Berth No. 13 at Deendayal Port, Kandla, Gujarat. APSEZ has incorporated a wholly owned subsidiary, DPA Container and Clean Cargo Terminal Limited (DPACCCTL), that will carry out operations at the […]

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Business

Adani Airports launches ‘aviio’ to provide real-time data on passenger, baggage flow

September 10, 2024 Vinayak Barot

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New Delhi, Sep 10, Adani Airports Holdings Ltd, the Adani group firm that operates seven airports in the country, has launched ‘aviio’ digital platform that will provide real-time data on passenger movement, baggage flow, wait time at gates and bags on belt. Aviio aspires to bring the aviation community together to collaborate and serve passengers […]

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Business

Adani Green Energy fully redeems USD 750 Mn Holdco Notes

September 9, 2024 Vinayak Barot

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Ahmedabad, 9 September 2024: Adani Green Energy Ltd (AGEL) completes redemption of all outstanding USD 750 million 4.375% Holdco Notes due on 8 September 2024. This follows AGEL’s announcement, in January 2024, to fully backstop the Holdco Notes through a fully funded redemption reserve account maintained eight months prior to the redemption date to facilitate […]

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Business

Adani Green and TotalEnergies Strengthen Partnership with Strategic Joint Venture

September 3, 2024 Vinayak Barot

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Ahmedabad, 3 September 2024: Adani Green Energy Limited (AGEL), India’s largest renewable energy company, and TotalEnergies, have announced a strategic joint venture (JV), equally owned by both entities, aimed at managing a portfolio of solar projects totaling 1,150 MW. The projects are located at the world’s largest renewable energy plant in Khavda, Gujarat. AGEL will […]

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