Adani New Industries Ltd (ANIL), a subsidiary of Adani Enterprises, has recently secured a trade finance facility of $394 million from Barclays Plc and Deutsche Bank.
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The government has allayed worries over the exposure of the state-owned LIC’s investment in the Adani Group following the effect of the Hindenburg report on its stocks.
Adani’s decision to cancel the fully subscribed Rs.20,000 crore Follow On Public Offer has disappointed people who want India to…
After being accused of “brazen fraud,” Gautam Adani’s companies, which are building some of India’s most ambitious renewable energy and hydrogen projects, had their stock market prices plummet.
The billionaire Gautam Adani’s company hopes to sell out sectors like hydrogen, airports, and data centers between 2025 and 2028 if they satisfy certain investment requirements, according to Chief Financial Officer Jugeshinder Singh.
India’s Adani Enterprises (AEL) and Ashok Leyland and Ballard Power have entered into a contract to start a pilot project to create a hydrogen fuel cell electric truck (FCET) for the logistics and transportation of mining equipment.
Cavendish Renewable Technology, based in Melbourne, will develop mass-producible technology based on its research into hydrogen production.
Morocco is considering collaborating with Asia’s richest man, Gautam Adani, on a massive hydrogen project as part of a push for renewable energy to meet demand both domestically and in Europe.
Gigafactories will concentrate on producing technologies like polysilicon, solar modules, fully assembled wind turbines, and hydrogen electrolysers.
At the organization’s annual shareholders meeting, India’s richest man, Gautam Adani, said that the group will invest $70 billion in…