Adani Group is officially withdrawing from a $442 million wind power project in Sri Lanka after the government attempted to renegotiate the agreement for better energy rates. In a written ...
Last month, the government said it had begun talks with the Adani Group to trim the cost of power in the projects from an earlier figure of $0.08 to about $0.06 or less per kilowatt-hour (kWh).
Three years after acquiring spectrum for private 5G network , Adani Group is yet to launch services. According to sources, the Department of Telecommunications (DoT) has sent notices to Adani Data ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. India’s Adani Group has decided to pull out of its $440mn wind power projects in Sri Lanka after the new ...
Sri Lanka began reviewing Adani Group projects after U.S. authorities in November accused billionaire founder Gautam Adani and other executives of being part of a scheme to pay bribes to secure ...
The Adani Group has denied the accusations, dismissing them as unfounded. In November 2024, Adani Green Energy stated that Gautam Adani, Sagar Adani, and Vineet Jaain have not faced any FCPA ...
Adani Green, the renewable energy arm of the Adani Group, has decided to withdraw from the proposed $1 billion wind farm and power transmission projects in Sri Lanka. The move comes after the ...
The company’s withdrawal from the big-ticket renewable energy project in Sri Lanka signals a significant retreat, given the Adani Group’s investment push in India’s neighbourhood in recent ...
UK Cabinet Office documents reveal for the first time the amount paid by Adani Group’s renewable power arm for the sponsorship deal, which opened the museum up to allegations of green washing ...
Adani Group is no stranger to private credit. Last year, Farallon Capital Management and King Street provided an around A$500-million loan to the company, Bloomberg News reported. North Queensland ...
Here’s a quick look at stocks likely to be in focus in today's trade. Adani Group: Stocks of the Gautam Adani-led conglomerate are expected to remain in focus following reports that U.S ...
The Sri Lankan government said last month it has started talks with the Adani Group to lower the cost of power from the projects estimated to cost a total of $1 billion. About Sponsored ...