Adani

Bangladesh likely to keep power deal with Adani

Bangladesh is likely to set aside pricing concerns and retain a power purchase pact with India’s Adani Power, in the face of supply worries and gloomy prospects for a legal challenge, said two sources with direct knowledge of the matter.

Kenya court halts Adani airport deal

Kenya's High Court has halted a controversial deal for Indian firm Adani to take over the country's main airport -- a decision hailed by critics on Tuesday as "a win for the Kenyan people"

Sri Lanka approves power deal with Adani Group

Sri Lanka is entering into a 20-year agreement with Adani Group to buy electricity from a $442-million wind power plant being built

US probing Adani Group and founder over potential bribery

Prosecutors are digging into whether an Adani entity or people linked to the company, including Gautam Adani, were involved in paying officials in India for favorable treatment on an energy project

Analysis / Adani is a gift that will keep on giving

Adani Enterprises trades on a 12-month forward price-to-earnings multiple of 50 times, compared to 10 for Coal India, per LSEG data

Adani likely to supply second 800 MW to Bangladesh soon

After starting electricity supply to Bangladesh from the first unit of its plant in Godda in the eastern state of Jharkhand a few days ago, India's Adani Power Limited has said it is expected to commission its second 800 MW unit soon, according to the company statement

Transmitting Adani’s power to get costlier

The overall cost for transmitting electricity from the Adani power plant in Godda, Jharkhand is set to increase further as two projects meant for that end are eyeing cost and time revisions.

What Adani Group has to say

The Daily Star contacted Adani Group for clarifications on certain aspects of the PPA and we are publishing the emailed comment from the Adani Group headquarters in Ahmedabad in India ad verbatim.

Adani power purchase against ‘public policy’: How could such a deal be signed?

"It is a punishable offence to sign such a contract -- we believe that our agencies have the ability to identify the corruption in this deal"

October 12, 2024
October 12, 2024

Bangladesh likely to keep power deal with Adani

Bangladesh is likely to set aside pricing concerns and retain a power purchase pact with India’s Adani Power, in the face of supply worries and gloomy prospects for a legal challenge, said two sources with direct knowledge of the matter.

September 14, 2024
September 14, 2024

Kenya court halts Adani airport deal

Kenya's High Court has halted a controversial deal for Indian firm Adani to take over the country's main airport -- a decision hailed by critics on Tuesday as "a win for the Kenyan people"

May 7, 2024
May 7, 2024

Sri Lanka approves power deal with Adani Group

Sri Lanka is entering into a 20-year agreement with Adani Group to buy electricity from a $442-million wind power plant being built

March 17, 2024
March 17, 2024

US probing Adani Group and founder over potential bribery

Prosecutors are digging into whether an Adani entity or people linked to the company, including Gautam Adani, were involved in paying officials in India for favorable treatment on an energy project

February 14, 2024
February 14, 2024

Adani is a gift that will keep on giving

Adani Enterprises trades on a 12-month forward price-to-earnings multiple of 50 times, compared to 10 for Coal India, per LSEG data

April 10, 2023
April 10, 2023

Adani likely to supply second 800 MW to Bangladesh soon

After starting electricity supply to Bangladesh from the first unit of its plant in Godda in the eastern state of Jharkhand a few days ago, India's Adani Power Limited has said it is expected to commission its second 800 MW unit soon, according to the company statement

March 12, 2023
March 12, 2023

Transmitting Adani’s power to get costlier

The overall cost for transmitting electricity from the Adani power plant in Godda, Jharkhand is set to increase further as two projects meant for that end are eyeing cost and time revisions.

February 28, 2023
February 28, 2023

What Adani Group has to say

The Daily Star contacted Adani Group for clarifications on certain aspects of the PPA and we are publishing the emailed comment from the Adani Group headquarters in Ahmedabad in India ad verbatim.

February 28, 2023
February 28, 2023

Adani power purchase against ‘public policy’: How could such a deal be signed?

"It is a punishable offence to sign such a contract -- we believe that our agencies have the ability to identify the corruption in this deal"

February 27, 2023
February 27, 2023

Adani rebuffs report of $400 mln fundraise against Australian assets

India's Adani Group on Monday denied a media report that said the conglomerate was in talks with global credit funds to raise up to $400 million in debt against some of its Australian assets, calling it "totally false and untrue."