Abu Dhabi’s International Holding Company to invest $400 million in Adani Enterprises FPO
Abu Dhabi-based International Holding Company (IHC) has subscribed to 16% of Adani Enterprises $2.5 billion Further Public Offering. This is IHC’s second investment deal completed with Adani Group after last year’s $2 billion investment in Adani Green Energy, Adani Transmission, and Adani Enterprises.
Adani Group rebuts US-based short-seller’s report
The Indian conglomerate has issued a 413-page response to the allegations made by the US-based short seller Hindenburg.
Adani appoints EIL as owner’s engineer for polysilicon project
Engineers India Ltd (EIL) has been appointed as owner’s engineer for Adani Group’s 30,000 MTPA polysilicon and 500 MTPA monosilane project in Gujarat.
Australia’s Cavendish Renewable signs hydrogen electrolyzer agreement with Adani arm
The Melbourne-based electrolyzer specialist has signed a technology development and licensing agreement with Adani New Industries Ltd.
Adani Green becomes world’s largest wind-solar hybrid power developer
The developer has commissioned a 450 MW wind-solar power plant in Rajasthan. With this, it has reached a cumulative hybrid power generation capacity of 1.44 GW.
Adani Enterprises, Israel Innovation Authority sign agreement to develop cutting-edge tech solutions
Adani has partnered with Israel Innovation Authority to leverage the broad Israeli technology ecosystem for its diverse businesses in renewable energy, logistics, and more. The partnership provides Israeli companies a unique opportunity to codevelop, pilot, and scale up innovative technologies by utilizing Adani’s extensive industrial asset base.
TotalEnergies to acquire 25% stake in Adani’s green hydrogen unit
France’s TotalEnergies has signed an agreement with Adani Enterprises to acquire 25% of its new energy arm, Adani New Industries Ltd. The joint venture platform, ANIL, will be integrated across the value chain to drive down green hydrogen production costs. It aims to develop a green hydrogen production capacity of 1 million tons per annum by 2030.
Adani Group to explore hydrogen fuel cell manufacture in India
Adani and Canadian PEM fuel cell producer Ballard Power Systems will examine various co-operation opportunities including fuel cell production.
Adani Power appoints CEO
The private-sector power producer has appointed Shersingh B. Khyalia as chief executive officer with effect from January 11, 2022.
Adani completes one of India’s largest intra-state transmission lines
Adani Transmission Limited has completed the construction of an 897 circuit km transmission line in Uttar Pradesh. With this, its operational and under-construction assets add up to more than 18,300 circuit km.
