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Adani Group’s Upcoming Rs 50,000 Crore Data Center To Run On Renewable Energy

Adani Group also intends to make deemed distribution investments to power the proposed data centre infrastructure   The Adani Group has declared a substantial investment of Rs 50,000 crore over the next decade to establish a 1 GW hyperscale data center in Maharashtra, as revealed by the conglomerate. Adani Enterprises , the group’s flagship company, formalised […]

Adani Electricity Set Forth buyback of USD 120 million senior secured notes due in 2030

 This strategic move is aimed at reducing the overall leverage of Adani Electricity Mumbai, aligning with the broader objective of Adani portfolio companies to consistently enhance financial metrics   Adani Electricity Mumbai , a subsidiary of Adani Energy Solutions, has revealed a offer to repurchase a portion of its  senior secured notes, amounting to USD 120 […]

Adani Electricity Powers Mumbai with Renewable Energy for Four Hours on Diwali

Adani Electricity supplied 1,200 MW of power from renewable  sources to Mumbai for four hours on Diwali day. This accounted for over 40 per cent of the city’s power needs during that time. The company relied on wind and solar generation to achieve this milestone. Adani electricity plans to increase the percentage of power sourced […]