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 […]
Ambuja Cements, a subsidiary of the Adani Group, has announced a binding agreement to acquire a 46.8% stake in Orient Cement Ltd (OCL) for an equity value of INR 8,100 crore. The acquisition will be fully funded through internal accruals, and the deal aims to accelerate Ambuja’s expansion plans to achieve a cement production capacity […]
Adani Group and Google have announced a collaboration aimed at expanding clean energy use in India, focusing on renewable power supply. Under the agreement, Adani will supply power from a solar-wind hybrid project in Khavda, Gujarat, which is expected to start commercial operations in the third quarter of 2025. The Khavda project, part of a […]