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Adani Power is an Indian multinational power and energy company, subsidiary of Adani Group and based in Khodiyar in Ahmedabad, India. It is a private thermal power producer, with a capacity of 15,250 MW [ 3 ] and operates a mega solar plant of 40 MW at Naliya, Bitta, Kutch , Gujarat. [ 4 ]
Adani Transmission was founded by Gautam Adani in December 2015 after separating the decade-old transmission business from Adani Enterprises. [5] At the time of the founding, the company became the primary custodian for more than 3800 circuit kilometers of transmission lines originating from the Mundra Thermal Power Station, connecting Mundra–Dehgam, Mundra–Mohindergarh and Tirora–Warora.
Adani Power emerged as India's largest private power producer in 2014. [32] Adani Power's total installed capacity then stood at 9,280 MW. [33] On 16 May of the same year, Adani Ports acquired Dhamra Port on East coast of India for ₹ 5,500 crore (equivalent to ₹ 88 billion or US$1.0 billion in 2023). [34]
In 2017, the Indian company controlled by billionaire Gautam Adani signed an agreement with Bangladesh to provide power from its coal-fired plant in eastern India.
Adani Green Energy Limited (AGEL) is an Indian renewable energy company, headquartered in Ahmedabad, India. [5] It is majority-owned by Indian conglomerate Adani Group and minority-owned by TotalEnergies. The company operates Kamuthi Solar Power Project, one of the largest solar photovoltaic plants in the world. [6] [7] [8]
Adani Group’s clean energy pivot comes at a time when India has set itself some ambitious climate goals. Prime Minister Narendra Modi has promised that renewable sources such as solar and wind ...
NEW DELHI (Reuters) -Adani Group founder Gautam Adani responded for the first time on Saturday to allegations by U.S. authorities that he was part of a $265 million bribery scheme, saying that his ...
The company was incorporated in 1993 under the name Adani Exports Limited. [6] It mainly deals with the group's integrated resources management, power trading, and natural resources businesses on a standalone basis. [7] Its general purpose is to act as an in-house incubator for Adani Group's new businesses until they become self-sustainable. [8 ...