Monday, December 23, 2024

Gautam Adani News

Adani allegations bring India's clean-energy conundrum to the forefront

The allegations of bribery against Adani Group's founder Gautam Adani highlight the increasing difficulty that India's renewable energy developers have in finding buyers for their power.

Sources say that India's Adani Group is planning 10 GW of overseas hydroelectric projects

Four sources familiar with Adani Group's plans said that the group plans to build ten gigawatts worth of hydroelectric projects overseas in the next few years. This…

Financial Times - Sept 4

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch their accuracy. After warning of a new "era of austerity"…

Indian Renewable Firms Plan $2.5 Bln in Offshore Dollar Bond Issues

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Four Indian renewable power producers are planning to raise up to $2.5 billion via dollar bonds offshore because of caution among domestic lenders, banking sources said.

India to Open Coal to Commercial Mining Firms

India expects to hold auctions for private firms to mine and sell coal in the near future, the country's coal and power minister Piyush Goyal said but first wants to…

India's Coal Imports Causing Port Congestion

Congestion at Paradip expected to ease in a week if rains stop; higher-than-usual congestion at some other ports too. Indian power and steel companies are importing…

Lanco Infra Sells Power Plant to Adani

Adani Power, led by billionaire Gautam Adani, will take on existing debt of about 40 billion rupees as part of the deal, Lanco said in a statement late on Wednesday.

Australia Approves Adani's $16 bln Carmichael Coal Project

The Australian government on Monday approved Indian firm Adani Mining Pty Ltd's controversial A$16.5 billion ($15.5 billion) Carmichael coal and rail project in Queensland…

Adani’s investment in Queensland moves ahead

Today’s announcement by the Queensland Government on Adani’s Carmichael Coal Mine and Rail Project  recommending the environmental approval is a significant step towards…