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New Delhi: Gautam Adani-led Adani Enterprises Ltd has announced that the company received a Letter of Award from the National Highways Logistics Management Ltd. for building the ropeway project connecting Sonprayag with Kedarnath. According to the company, the project will involve investment of Rs 4,081 crore. Once completed, the ropeway will reduce travel time to Kedarnath from an arduous 9-hour trek to just 36 minutes. Commenting on the development, Gautam Adani, Chairman of the Adani Group, ...Read More >
The Noble Walker, a sanctioned vessel carrying Russian oil, has rerouted to India's Vadinar port after Adani Group banned blacklisted ships from Mundra port. Carrying about a million barrels of Russian crude for HMEL, the vessel was previously headed to Mundra. India has been tightening surveillance on Russian oil vessels after becoming a major buyer. Sanctioned ship Noble Walker carrying Russian oil has changed course to India's Vadinar port after the country's Adani Group banned entry of blac ...Read More >
Kolkata, Sep 16 (PTI) Economist and former CPI(M) leader Prasenjit Bose joined the Congress during a programme in the metropolis, and asserted that he would support the party in its fight to "save the Constitution". Bose (51) became a part of the Congress at a formal joining ceremony here on Monday in the presence of party leaders Ghulam Ahmad Mir, Syed Naseer Hussain and Kanhaiya Kumar, besides state unit president Subhankar Sarkar. "We have to protect the Constitution, establish a government ...Read More >
SINGAPORE/NEW DELHI: Sanctioned tanker Spartan has discharged Russian crude oil at India's Mundra port despite a ban by the Adani Group on entry of blacklisted ships at the terminal, ship tracking data from LSEG and Kpler showed on Tuesday. The Suezmax tanker discharged 1 million barrels of Urals crude at Indian refiner HPCL-Mittal Energy Ltd's (HMEL) Mundra terminal, Kpler data showed. Spartan, formerly known as SCF Samatlor, has been blacklisted by the European Union and Britain for breachin ...Read More >
Moga (Punjab) [India], September 16 (ANI): Union Minister SP Singh Baghel defended the Rs 1,600 crore relief package announced by Prime Minister Narendra Modi for flood-hit Punjab, saying the Centre had also directed the Aam Aadmi Party (AAP) government in the state to release Rs 12,000 crore. Speaking to ANI during his visit to Moga district on Monday, Baghel said that the Prime Minister had personally visited affected areas and assessed the requirements for compensation. He said, "In this ho ...Read More >
Cloudburst in Dehradun News: Dehradun experienced cloudbursts in Sahastradhara, leading to swollen rivers and damaged shops. Chief Minister Pushkar Singh Dhami reported rescue operations by police and SDRF. In Rishikesh, the Chandrabhaga river overflowed due to heavy rainfall, flooding the highway and trapping vehicles. SDRF successfully rescued three people stranded in the river, ensuring their safety. The local administration is monitoring the situation. ...Read More >
Adani Enterprises Ltd (AEL), the flagship firm of the Adani Group, announced on Monday that it has secured a Letter of Award (LoA) from the National Highways Logistics Management Ltd (NHLML) to develop the Sonprayag-Kedarnath ropeway in Uttarakhand. The project, worth Rs 4,081 crore, will be executed by AEL's Roads, Metro, Rail and Water (RMRW) division. Journey time to shrink drastically The 12.9 km ropeway aims to transform one of India's most difficult pilgrimages by cutting down the curren ...Read More >
Nagpur: Gas Authority of India Limited (Gail) may pump LNG from Adani Group's Dhamra port in the eastern coastal state of Odisha through its pipeline connecting Nagpur to Jharsuguda. Gail is laying a gas pipeline from Mumbai to Nagpur, along the Samruddhi Expressway, with the pipeline extending further to Jharsuguda in the east.Adani has an LNG terminal at Dhamra port on the east coast and is delivering LNG to Gail's metering stations there. The facility will enable Gail to charge up the pipelin ...Read More >
Ahmedabad (Gujarat) [India] September 15 (ANI): Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, on Monday said it has received a Letter of Award (LoA) from the National Highways Logistics Management Ltd (NHLML) to develop the ropeway project between Sonprayag and Kedarnath in Uttarakhand. It will invest Rs 4,081 crore in the project, to be executed by AEL's Roads, Metro, Rail and Water (RMRW) division. The 12.9 km ropeway is expected to transform one of India's most challe ...Read More >
NEW DELHI: Adani Group will build a 12.9-km-long ropeway between Sonprayag and Kedarnath at a cost of Rs 4,081 crore that will cut the journey from current 8-9 hours to just 36 minutes. Adani Enterprises Monday said it has received the letter of award (LoA) for this project and it will develop the same in six years on PPP mode on a revenue share with National Highways Logistics Management Ltd (NHLML), with a capacity to carry 1,800 passengers per hour per direction.The project will be executed b ...Read More >
Ahmedabad (Gujarat) [India] September 15 (ANI): Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, on Monday said it has received a Letter of Award (LoA) from the National Highways Logistics Management Ltd (NHLML) to develop the ropeway project between Sonprayag and Kedarnath in Uttarakhand. It will invest Rs 4,081 crore in the project, to be executed by AEL's Roads, Metro, Rail and Water (RMRW) division. The 12.9 km ropeway is expected to transform one of India's most challe ...Read More >
Ahmedabad, Sep 15: Adani Cement on Monday announced the launch of 'Adani Cement FutureX', a nationwide academia-industry engagement programme designed to connect classrooms with real-world infrastructure and sustainability challenges. Launched on the occasion of Engineers' Day, the programme engages with 100+ premier engineering institutions (IITs, NITs, top private/state colleges) and over 100 schools across more than 100 cities in the country. The initiative seeks to prepare the nation's you ...Read More >
Ahmedabad, Sep 15 (SocialNews.XYZ) Adani Cement on Monday announced the launch of 'Adani Cement FutureX', a nationwide academia-industry engagement programme designed to connect classrooms with real-world infrastructure and sustainability challenges. Launched on the occasion of Engineer's Day, the programme engages with 100 premier engineering institutions (IITs, NITs, top private/state colleges) and more than 100 premier schools across 70 cities in the country. The initiative seeks to prepare ...Read More >
Ahmedabad (Gujarat) [India] September 15 (ANI): On Engineer's Day, Adani Cement, part of the diversified Adani Group and the world's ninth largest building materials and solutions company, announced the launch of a nationwide academia-industry initiative titled 'Adani Cement FutureX.' The programme is aimed at preparing India's youth for sustainable construction and future-ready business models by connecting classrooms with real-world infrastructure challenges. Also Read | New York Fashion Wee ...Read More >
Ahmedabad (Gujarat) [India] September 15 (ANI): On Engineer Day, Adani Cement, part of the diversified Adani Group and the world ninth largest building materials and solutions company, announced the launch of a nationwide academia-industry initiative titled Adani Cement FutureX. The programme is aimed at preparing India youth for sustainable construction and future-ready business models by connecting classrooms with real-world infrastructure challenges. The launch coincides with Adani Cement a ...Read More >
Ahmedabad : On Engineer's Day, Adani Cement, the world's ninth-largest building materials and solutions company and part of the diversified Adani Group Portfolio, announced the launch of 'Adani Cement FutureX', a nationwide academia-industry engagement programme designed to connect classrooms with real-world infrastructure and sustainability challenges. The launch of Adani Cement FutureX emerges as a timely, industry-led solution to build a future-ready workforce aligned with the Government's Y ...Read More >
Power Ltd. (APL), India's largest private sector thermal power generator, today said it has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd. (BSPGCL) for supply of 2,400 MW of power from a greenfield ultra super critical plant to be set up at Pirpainti in Bhagalpur district of Bihar. AdPower Ltd. (APL), India's largest private sector thermal power generator, today said it has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generat ...Read More >
Indian markets saw gains on Friday. Britannia Industries is focusing on localized strategies. Hyundai aims for growth through domestic sales and exports. Alembic Pharma received US FDA EIR. Diamond Power secured a Rs 236 crore order from Adani Energy. GMR Airports reported a passenger traffic decline. RailTel received a Rs 209 crore order. Markets extended their winning streak on Friday, gaining nearly half a percent, in line with favorable global and domestic cues. In today's trade, shares of ...Read More >
New Delhi: The city of Nagpur is all set to witness a major industrial boost as two India's biggest companies (Reliance and Adani Group) have made fresh investment commitments to the Maharashtra government. Adani Enterprises Limited will invest Rs 70,000 crore to establish an integrated coal surface gasification downstream derivatives project at Linga village in Kalmeshwar in Nagpur district. According to the reports, the investment will create 30,000 direct jobs. Reliance Consumer Products Lim ...Read More >
Patna: In a major development, Adani Power Ltd, India's largest private-sector thermal power generator, on Friday received a Letter of Intent from Bihar State Power Generation Company Ltd. The LOI was issued for setting up a 2,400-megawatt plant in Pirpainti. As per reports, the Adani Group company has signed a 25-year power supply agreement with the BSPGCL. Now, Adani Power will generate electricity from the upcoming greenfield ultra supercritical thermal power plant to fulfil the state's ener ...Read More >
New Delhi, Sep 13 (PTI) Adani Power on Saturday said it will set up a 2,400 MW ultra super-critical power plant in Bihar at an investment of USD 3 billion (around Rs 26,482 crore). The Adani group company, in a statement, said that it has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd. (BSPGCL) to supply power from the project that will come up at Pirpainti in Bhagalpur district of the state. The PPA is further to the Letter of Award issued by BSPGC ...Read More >
Ahmedabad (Gujarat) [India], September 13 (ANI): Adani Power Ltd. (APL), India's largest private sector thermal power generator, today said it has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd. (BSPGCL) for supply of 2,400 MW of power from a greenfield ultra super critical plant to be set up at Pirpainti in Bhagalpur district of Bihar. This is further to the LoA awarded by BSPGCL to APL, on behalf of North Bihar Power Distribution Company Ltd. (NBPD ...Read More >
Ahmedabad (Gujarat) [India], September 13 (ANI): Adani Power Ltd. (APL), India's largest private sector thermal power generator, today said it has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd. (BSPGCL) for supply of 2,400 MW of power from a greenfield ultra super critical plant to be set up at Pirpainti in Bhagalpur district of Bihar. This is further to the LoA awarded by BSPGCL to APL, on behalf of North Bihar Power Distribution Company Ltd. (NBPD ...Read More >
New Delhi, Sep 13 (SocialNews.XYZ) In a significant development, Adani Power Ltd (APL) has signed a 25-year power supply agreement with Bihar State Power Generation Company Ltd (BSPGCL) to supply 2,400 megawatt (MW) of power to the state, the Adani Group's firm said on Saturday. Under the agreement, the India's largest private sector thermal power generator would supply the proposed power from a greenfield ultra super critical plant to be set up at Pirpainti in Bhagalpur district of Bihar. The ...Read More >
Ahmedabad (Gujarat) [India], September 13 (ANI): Adani Power Ltd. (APL), India's largest private sector thermal power generator, today said it has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd. (BSPGCL) for supply of 2,400 MW of power from a greenfield ultra super critical plant to be set up at Pirpainti in Bhagalpur district of Bihar. This is further to the LoA awarded by BSPGCL to APL, on behalf of North Bihar Power Distribution Company Ltd. (NBPD ...Read More >
NEW DELHI, Sept 11 (Reuters) - India's Adani group has stopped accepting vessels that are sanctioned by the European Union, U.S. and Britain at all of its ports, sources said and orders issued by Adani Ports and Logistics show. No immediate comment was available from Adani. Adani, which operates 14 ports, has issued multiple orders with similar contents. "To safeguard the legal and commercial interests of the Port, we hereby emphasize that sanctioned vessels are not accepted," it said in the ...Read More >
Mumbai: Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises, has agreed to acquire a 100% stake in DP Jain TOT Toll Roads Pvt Ltd (DPJTOT) for an enterprise value of ₹1,342 crore. The share purchase agreement between the parties entails Adani acquiring the stake from DPJTOT, D P Jain & Co Infrastructure Pvt Ltd, and DPJDRA Tollways Pvt Ltd, Adani Enterprises said in a regulatory filing on Friday. The deal is subject to regulatory approvals and fulfilment of customar ...Read More >
New Delhi, Sep 12 (PTI) Congress leader Jairam Ramesh on Friday alleged that the Adani Group has begun cutting trees on government and forest land for its coal mine project in Madhya Pradesh's Dhirauli in "blatant violation" of the Forest Rights Act. The state government, however, rejected the allegation as baseless. The former environment minister also claimed that the Modi government imposed this allotment from above in 2019, and is now rushing ahead with it in 2025 without the essential lega ...Read More >
Mumbai, September 8: The Indian equity indices ended the session slightly up on Monday, amid buying in auto and metal stocks. The domestic indices soared high in the early trade, boosted by the GST reforms announcement, optimism around the ease in India-US relationship, and the rate cut announced by major Indian automakers. However, the indices lost most of their gains in the last trading hours due to a sell-off in IT heavyweights and profit booking. Sensex closed at 80,787.30, up 76.54 points ...Read More >
Vedanta Group has emerged as the winning bidder for the debt-ridden Jaiprakash Associates (JAL), surpassing Gautam Adani's Group in a competitive acquisition process. The mining conglomerate's bid of Rs 17,000 crore translated to a net present value of Rs 12,505 crore. JAL, facing insolvency proceedings due to loan defaults, attracted multiple bidders, with Vedanta ultimately securing the deal. Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisi ...Read More >
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