Adani Defence & Aerospace has entered into a partnership with Sparton (DeLeon Springs LLC), a subsidiary of Elbit Systems, to assemble Anti-Submarine Warfare (ASW) solutions, including sonobuoys, in India. The collaboration aims to localise production for the Indian Navy and reduce reliance on imported equipment. According to the agreement, Adani Defence will integrate Sparton’s ASW […]
Indian defence manufacturers are ramping up production of 155mm artillery shells in response to growing international demand, with exports and investment rising across the sector. India is a cost-efficient supplier in the global munitions market, producing 155mm shells at USD 300–400 each—less than one-tenth the cost of comparable Western-made munitions. The global market for 155mm […]
The Vizhinjam International Deepwater Multipurpose Seaport in Kerala has been formally inaugurated, with a reported investment of INR 88 billion. Developed by Adani Ports and Special Economic Zone Ltd, the facility is India’s first dedicated container transshipment port and aims to reduce reliance on foreign ports such as Colombo, Singapore, and Jebel Ali for handling […]
Adani Enterprises Ltd (AEL) reported a 26% year-on-year increase in consolidated EBITDA to INR 167.22 billion for the financial year ended March 31, 2025. Consolidated profit before tax rose 16% to INR 65.33 billion. Total revenue for the year grew by 2% to INR 1.00365 trillion. The company also recognized an exceptional pre-tax gain of […]
The Adani Group has announced a nationwide skill development initiative in partnership with the Indo-German Chamber of Commerce (IGCC) to train a workforce for manufacturing, green energy, high-tech industries, and industrial design. The program will include an internationally benchmarked institution and finishing school at Mundra, with an investment of INR 20 billion. The initiative aims […]
Adani Green Energy Limited (AGEL) has received a Letter of Award from Uttar Pradesh Power Corporation Limited (UPPCL) to develop a 1,250 MW energy storage capacity project through pumped hydro storage. The Panaura project, located in Sonbhadra district, Uttar Pradesh, is expected to be completed within six years and includes a 40-year operational commitment. The […]
Adani Energy Solutions Limited (AESL) announced its successful bid for the ₹25,000 crore Bhadla-Fatehpur High Voltage Direct Current (HVDC) project. The project, part of India’s renewable energy evacuation strategy, aims to transmit 6,000 MW of renewable energy from Rajasthan to northern demand centers and integrate it with the national grid. The project spans approximately 2,400 […]
Adani Energy Solutions Ltd (AESL) has reported an order book of Rs 54,700 crore as of December 2024, reflecting significant growth since the fiscal year began in April 2024. This figure represents more than a threefold increase in work orders during the period, according to a press release issued by the company. In the October-December […]
Adani Defence Systems and Technologies Ltd. (ADSTL), a subsidiary of Adani Enterprises, has announced the signing of a share purchase agreement to acquire an 85.8% stake in Air Works India (Engineering) Private Limited. The acquisition is valued at an enterprise amount of ₹400 crore, according to a press release issued by the company. Air Works […]
Adani Green Energy Limited (AGEL), through its subsidiary Adani Green Energy Twenty Five Limited, has announced the commissioning of a 250 MW solar power plant at Badi Sid, in Jodhpur district, Rajasthan. The project became operational following regulatory clearances and was declared commissioned at 11:45 p.m. on December 11, 2024. This development increases AGEL’s total […]