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Adani plans Rs.20k crore clean energy park in Mundra
April 2015
Adani Group plans to set up an Integrated Renewable Energy Park at Mundra in Kutch district, close to its port and SEZ. The park, if it comes into existence, would be the first of its kind and will need an investment of Rs 20,000 crore.
Coal block auctions: AV Birla, Vedanta, Adani in shortlist
March 2015
Reliance Geothermal, Essar Power, Adani Power, and Anil Sesa Sterlite are among the companies that have been shortlisted to participate in financial bidding for 23 coal blocks being put up for sale in the first phase of auctions.
IOC Adani joint venture gets City Gas contract
February 2015
The Indian Oil Corporation-Adani Gas Pvt Ltd joint venture has bagged the contract to implement the City Gas Distribution (CGD) project in Ernakulam.
Will the black magic work again
January 2015
Sample this. Coal India, the much-reviled public sector coal behemoth, produced 462 mt of coal last year, with all the much-publicised legacy problems that it faces. The top seven global (private sector) mining giants together produced around 700 mt of coal last year (see Coal output by global players). And all of India´s private players produced a mere 50 mt of coal in 2014.
Adani consolidated EBIDTA up to Rs1,246 crore in Q2FY15
December 2014
Adani Power Ltd, a subsidiary of Adani Enterprises Ltd and a part of Adani Group, has announced the financial results for the second quarter ended September 30, 2014.
Adani Power to acquire Avantha Power´s Korba West Power Project
December 2014
Adani Power Limited (APL), a subsidiary of Adani Enterprises Ltd and a part of Adani Group, today said it had executed a binding term sheet for acquisition of 100 per cent shares of Korba West Power Co. Ltd.
India may provide up to $1 billion loan for Adani Australia coal mine
December 2014
Adani Enterprises has won support from the Indian government and an Australian State to help it build a $7 billion coal mine, rail and port project, defying a slump in coal prices to 5-1/2 year lows that has stalled rival projects.
The Rs 4.5 lakh crore power rush
November 2014
Over the past one year, the Indian power sector has witnessed four major deals worth Rs 20,000 crore taking shape. Call it consolidation, but financial experts suggest that bankers are pulling the trigger on the companies which are under heavy debt
Adani Group promises Rs 20,000 crore investments in MP
November 2014
Adani Group has pledged to invest Rs 20,000 crore in Madhya Pradesh during the next five years in various projects.
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