Adani New Industries Limited

Adani Green Operationalizes First 1 GW Of 30,000 MW Khavda RE Park

Adani Green Energy Limited (AGEL), the green developer arm of the Adani group, has operationalized cumulative capacity of 1 MW solar energy at the world’s largest RE park at Khavda, Gujarat. With this, AGEL has achieved operational capacity of 9,478 MW and continues its journey to the stated goal of 45,000 MW by 2030. AGEL […]

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Adani’s New Energy Arm In Trade Finance Facility For $394m

Adani New Industries Limited (ANIL) ecosystem has announced the raise of a trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one […]

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As Adani Shares Drop, How Will It Impact Group’s Green Plans

Shares of the Adani Group have been ambushed over the past week, dropping upto 40% in some cases. The report on the group by US based short seller Hindenberg research, a firm specialising in short selling shares with detailed public reports on their thesis, has done serious damage, coming as it did just before a […]

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Adani Group Signs Agreement with Australia’s CRT for Electrolyser Technologies

Australia-based Cavendish Renewable Technology (CRT) has announced the signing of a Technology Development and Licensing Agreement with Adani New Industries Limited (ANIL). ANIL is owned by the Adani Group. The official statement by CRT held that the agreement includes infrastructure costs for further development of intellectual property, licence fees and royalties on successful commercialisation of […]

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ANIL To Lead Adani Group’s Renewable Energy Shift

The Adani Group, which already has Adani Solar for solar manufacturing, and Adani Green Energy Limited for developing renewable energy projects, has set up a new subsidiary, Adani New industries Limited, (ANIL) to undertake the next big phase of its green energy ambitions. From green hydrogen projects, generation of low carbon electricity and manufacture of […]

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