Adani group repays loans worth 2.65 billions |
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Adani Group is an Indian multinational conglomerate company headquartered in Ahmedabad, Gujarat, India. It was founded by Gautam Adani in 1988 and has since grown to become one of the largest business conglomerates in India. The group operates across various sectors including infrastructure, energy, logistics, ports, and agribusiness.
Adani Group's business portfolio includes Adani Enterprises, which is involved in coal trading, mining, and logistics; Adani Ports and Special Economic Zone Limited (APSEZ), which operates ports and terminals in India and overseas; Adani Power, which generates thermal and renewable energy; and Adani Transmission, which focuses on electricity transmission and distribution.
The group has also ventured into sectors such as agribusiness, real estate, defense, and aerospace. Adani Green Energy Limited (AGEL), a subsidiary of the Adani Group, is one of the world's largest renewable energy companies, with a significant presence in solar and wind energy projects.
Adani Group has faced both praise and criticism for its business practices and environmental impact. It has been involved in various infrastructure projects in India, including the development of ports, airports, and special economic zones. The group has also expanded its global presence with investments in ports and energy projects in countries such as Australia.
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