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AESL wins INR 25,000 Cr Bhadla-Fatehpur HVDC Project This is its largest ever order win

Ahmedabad, 21 January 2025: Adani Energy Solutions Ltd (AESL), India’s largest private transmission and distribution company and part of the globally diversified Adani portfolio, today said that it has won the prestigious ~Rs 25,000 crore Bhadla (Rajasthan)- Fatehpur (Uttar Pradesh) HVDC (High Voltage Direct Current) order. It is AESL’s largest order win till date, taking […]

Adani Group’s Copper Arm Joins International Copper Association

Washington D.C., 16 January 2025: Kutch Copper Ltd, part of Adani Group has joined the International Copper Association (ICA) as its newest member. Headquartered in Washington, D.C., ICA is a not-for-profit trade association representing half the world’s copper production, with 33 members across six continents. Strategically located in Mundra, Gujarat, Kutch Copper is a fully owned […]

Hindenburg, which targeted Adani, shuts shop

Washington/New Delhi, Jan 16 : Hindenburg Research, which made international waves with campaigns targeting billionaire Gautam Adani that wiped billions from market value of his group companies, will disband, its founder Nate Anderson announced on Thursday. Announcement by Anderson, 40, who started Hindenburg in 2017, came just days before Donald Trump’s inauguration as the new […]

APSEZ Enters Top 10 List in 2024 S&P Global Corporate Sustainability Assessment Rankings

Ahmedabad : Adani Ports and Special Economic Zone Ltd. (APSEZ) was ranked among the Top 10 global transportation and transportation infrastructure companies in the 2024 S&P Global Corporate Sustainability Assessment (CSA), with a score of 68(out of 100)—three points improvement over last year. APSEZ is now placed in the 97th percentile within the sector*, improving […]

Adani Places India’s Largest Order for 8 Tugs Under the Make in India Initiative for 450 Cr with Cochin Shipyard

Ahmedabad, 27 December 2024: Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest integrated transport utility company, is pleased to announce the procurement of eight state-of-the-art harbour tugs, all to be constructed by Cochin Shipyard Ltd. This initiative aligns with the government’s Make in India and Aatmanirbhar Bharat initiatives by boosting local manufacturing and […]

Torrent Power QIP oversubscribed 4x against issue size of Rs 3,500 Crores

Ahmedabad : Torrent Power Limited (“Company”), one of India’s leading private sector integrated power utilities, announced successful completion of its Rs 3,500 Crores (approx. USD 413.20 million) Qualified Institutions Placement (“QIP”). The issue garnered significant response from investors including domestic mutual funds, global investors and insurance companies, demonstrating their strong confidence in the Company’s fundamentals […]

‘Adani Group Looks Most Attractive Among India Corporates, No Signs Of Stress’: Nomura

New Delhi: Japanese brokerage Nomura has said Adani Group companies appear “most attractive” among Indian corporates. In a report this week, Nomura said the ports-to-power conglomerate will be able to withstand recent turmoil brought on by allegations by the US Department of Justice. It also said there were “no signs of stress” across the Adani […]

Adani Group plans to invest over Rs 7.5 lakh crore across various sectors of the state’s economy: Karan Adani

Speaking at the Rising Rajasthan Global Investment Summit 2024 in Jaipur on 9 December 2024, Mr. Karan Adani said, Honourable Prime Minister of Bharat- Shri Narendra Modi Ji, His excellency Governor of Rajasthan, Honourable Chief Minister- Shri Bhajan Lal Sharma, Distinguished Ministers, Captains of industry, And my dear friends, It is a privilege to be […]

JP Morgan “Overweight’ on Four Adani Bonds”, “The ability to scale and grow using internal cash flows in the case of Adani Ports gives us strong comfort”

JP Morgan has given ‘Overweight’ on four Adani group bonds—three issued by Adani Ports & SEZ, and one by Adani Electricity Mumbai limited —Subsidiary of Adani Energy Solutions. It has taken neutral stand on other five Adani bonds and is underweight on only one bond—issued by AGEL. Under the risks section, it further added, that […]
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