Adani Archives - Lanka Business News

March 24, 2025

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Partners with Indo-German Chamber of Commerce (IGCC) to Develop an Industry-Ready Workforce Ahmedabad, 19 March 2025: In alignment with Chairman Gautam Adani’s social philosophy सेवा साधना है, सेवा प्रार्थना है और सेवा ही परमात्मा है, the Adani Group has launched a nationwide initiative to strengthen India’s workforce by introducing the country’s largest ‘Skill and Employ’ […]

March 20, 2025

Adani Green Energy SL Ltd. wishes to categorically refute rumours circulating about claimed changes to its renewable energy agreement in Sri Lanka. Claims suggesting that we have offered to revise the pricing to 7 cents per kilowatt-hour are entirely false and without foundation. We remain fully committed to the original terms of the agreement as […]

February 26, 2025

26th February 2025: Billionaire Gautam Adani said his group is planning more than 1.1 trillion rupees ($12.7 billion) of new investments in India, signaling the conglomerate’s focus on growing in its home market while fighting corruption charges in the US. This will fund projects ranging from pumped storage to cement and mining to smart-meters and […]

February 21, 2025

Adani Portfolio Companies are entering a new phase of significant capital expenditure (Capex), akin to the high Capex period from FY20 to FY22 Editor’s synopsis Trailing-twelve-month (TTM) EBITDA at INR 86,789 crore, up 10.1% YoY Core infrastructure businesses (utility, transport, and incubating infra businesses under Adani Enterprises Ltd) accounted for 84% of total EBITDA Sufficient […]

February 20, 2025

Editor’s Synopsis: India’s Vehicle-Mounted Counter-Drone System was launched at Aero India 2025 under a public-private partnership. Developed under DRDO’s Transfer of Technology (ToT) framework, the system strengthens India’s self-reliance in defence and enhances protection against asymmetric drone threats. The unveiling reinforces India’s position as a global defence leader, showcasing indigenous technological advancements in aerospace and […]

February 18, 2025

18th February 2025: Last week, India’s Adani Green Energy, which has proposed to set up 484 MW Renewable Energy Wind Farms at Mannar and Pooneryn along with transmission system at an investment of ~$1 billion, said it is “respectfully” withdrawing from the said project. This is a huge setback for the nation which is trying […]

February 17, 2025

Partners with Singapore’s ITE Education Services Donates INR 2,000 Cr to build industry-ready talent pool Plans world’s largest skill academy, with 25,000 learners annually 17th February 2025: In line with Adani Group Chairman Gautam Adani’s social philosophy सेवा साधना है, सेवा प्रार्थना है और सेवा ही परमात्मा है, the Adani Group has partnered with ITE Education Services (ITEES) of Singapore to build a skilled talent […]

February 11, 2025

To Build Two 1,000-Bed Multi-Super-Specialty Hospitals and Medical Colleges in Mumbai & Ahmedabad Mayo Clinic, the world’s largest integrated not-for-profit medical group practice, will provide technical expertise in healthcare excellence Ahmedabad, 11 Feb 2025: Gautam Adani, Chairman of the Adani Group, has announced the launch of Adani Health City (AHC) integrated health campuses, to be […]

January 30, 2025

30th January 2025: The US Department of Justice’s (DoJ) indictment of Indian billionaire Gautam Adani is a strategic blunder with severe geopolitical consequences, leading American publication Forbes has said. In an article titled ‘The US Harms The West’s Alliances With A Far-Flung Indictment In India,’ the author, Melik Kaylan, argued that the indictment, which alleges […]

January 26, 2025

Reports that Adani’s 484 MW wind power projects in Mannar and Pooneryn have been cancelled are false and misleading. We categorically state that the project has not been cancelled. The Sri Lankan Cabinet’s decision of 2 Jan 2025 to reevaluate the tariff approved in May 2024 is part of a standard review process, particularly with […]

Adani Launches India’s Largest ‘Skill and Employ’ Initiative to Power the ‘Make in India’ Vision

Official Statement: Clarification on status of Adani Green Energy Project in Sri Lanka

Adani Plans $13 Billion of New Investments in India Growth Push

Adani Portfolio delivers Highest Ever TTM EBITDA of INR 86,789 crore

Adani Defence & Aerospace and DRDO Unveil India’s Vehicle-Mounted Counter-Drone System at Aero India 2025

Adani project not fructifying means economic loss, not gain

Adani to Develop India’s Largest ‘Skill and Employ’ Program to Support ‘Make in India’

Adani to Partner Mayo Clinic to Establish Affordable, World Class Healthcare Facilities

US DoJ indictment against Adani a ‘strategic blunder,’ risks damaging India-US ties: Forbes

Adani Denies Cancellation of Project