Adani Power Limited is ranked 334th in the top companies in India in Fortune India 500 list of 2011. It was one of the first states to develop solar generation capacity in India. Adani Group is an Indian multinational conglomerate company headquartered in Ahmedabad, Gujarat, India. It is a private thermal power producer, with capacity of 12,450 MW. The coal for the power plant is imported primarily from Bunyu, Indonesia. Adani Group facts Its diversified businesses include resources, logistics, agribusiness and energy sectors The Group is the largest port developer and operator in India with Mundra Port being the country’s largest commercial port It owns Fortune, India’s largest edible oil brand through a joint venture with Wilmar International in Singapore The Adani Wilmar joint venture currently owns India's prominent oil brand Fortune. Adani Group | Logopedia | Fandom. In addition, the Adani Group manages terminals at the ports of Mormugao, Ennore, Vishakhapatnam and Kandla (Tuna Takra). Adani Transmission is one of the largest power transmission companies in India under which many projects operate. The Group has made the largest investment by an Indian company in Australia at the controversial Carmichael coal mine in the Galilee Basin, Queensland, but development of this mine is as of 2020 [update] the subject of a court challenge to the Australian Government over its lack of adherence to environmental legislation. It was founded by Gautam Adani in 1988 as a commodity trading business, with the flagship company Adani Enterprises Limited (previously Adani Exports Limited). Since 1988, the Adani Group, which started initially as a commodity trading firm, is growing at a fast pace and has expanded into imports and exports of part of multi-commodities. In September, Adani Green Energy (Tamil Nadu), the renewable wing of the Adani Group, began operations in Kamuthi in Ramanathapuram, Tamil Nadu with a capacity of 648 MW at an estimated cost of ₹4,550 crore (equivalent to ₹53 billionorUS$740 million in 2019). The project was commissioned by Adani Power. She is a mainstay in extending the CSR footprint of the Adani Group. Reliance Infrastructure Limited (R-Infra), formerly Reliance Energy Limited (REL) and Bombay Suburban Electric Supply (BSES), is an Indian private sector enterprise involved in power generation, infrastructure, construction and defence. He was born on June 24,1962, Ahmedabad, India. Other schools funded by the foundation include Adani DAV Public School, Adani Vidyalayas and Navchetan Vidyalaya. It is located in Sasan village of Singrauli, Madhya Pradesh. He is the founder and chairman of the Adani Group, an Indian MNC that has his businesses in various fields, viz. ↑ Jim Yardley and Vikas Bajaj, "Billionaires’ Rise Aids India, and the Favor Is Returned" NY Times, July 26, 2011. The Group handled a total cargo of 200 megatonnes (Mt) in 2018–19. Adani are an incredibly rich and powerful corporation with deep political connections in Australia and India. [34], Established in August 1996 as Adani Power Limited, the company gained a certificate of commence business in September of the same year. Adani took Mundra Port to heights by making it the largest Private Sector port in India. Adani Group is an In­dian multi­na­tional con­glom­er­ate head­quar­tered in Ahmed­abad, Gu­jarat, India. [22][23][24][6][25] adding 650 circuit kilometers in its network from the state of Bihar and West Bengal. The group's second phase started with the creation of large infrastructure assets. About Us Adani Power Limited is the power business subsidiary of Indian conglomerate Adani Group with head office at Ahmedabad, Gujarat. The company is run by Gautam Adani, Rajesh S. Adani [35] and Adani Enterprises Limited. The Adani Group has multiple initiatives in sports. Adani Power Limited is a leading solar power maker in India. It has been re-launched for a second time to groom athletes for 2020 Tokyo Olympics, 2022 Asian Games and Commonwealth Games. With a capital of 5 lakhs, the company was established as a partnership firm with the flagship company, Adani Enterprises Limited, previously Adani Exports Limited. [ citation needed ] On 16 May of the same year, Adani Ports acquired Dhamra Port on East coast of India for ₹5,500 crore (equivalent to ₹71 billionorUS$990 million in 2019). Adani Group 2. , the Adani Group is set to receive a seven-year royalty deferral worth $900m, and over $4.4 billion in total tax exemptions, deferrals and capital subsidies from Queensland taxpayers for the life of the Carmichael mine. He is a member of the Governing Council of the Ahmedabad Management Association and the National Council of the Confederation of Indian Industry. In 1993, at a Government of Gujarat event, the Adani Group was invited to take up the Mundra port project and two years later, the contract was given to the group. The Great Place to Work Institute awarded the certification to the company in the category of the Mid-size Organisations. The Mundra Thermal Power Project is a 4620-megawatt (MW) coal-fired power station in Gujarat state, India, conceived for the captive consumption of the Mundra Port by the Adani Group. Adani was accused of using a Dubai shell company to divert the funds. First Solar 6. [70], In 2020, the Adani Foundation donated ₹100 crore (US$14 million) to the PM CARES Fund to fight the Coronavirus outbreak. English Articles. Adani Green Energy Limited (AGEL) is an Indian renewable energy company headquartered in Ahmedabad, Gujarat. [25] In November 2015, the Adani group began construction at the port in Vizhinjam, Kerala. [ citation needed ], This project is planned to occupy an area of 35,000 hectares (86,000 acres) and would consume 297 million m3 of water taken from the aquifers of the region, which will have consequences for the environment and the local population. It is a major shareholder in the other group company, Reliance Power and Reliance Naval and Engineering Limited. Over the past three decades, we were fortunate to touch millions, who believed in our vision, inspired us to be ambitious, pushed us to achieve those ambitions and disciplined us in setting new benchmarks in everything we did. Sponsor: Adani Power Mundra Parent company: Adani Group Location: Tunda village, Mundra taluk, … The company established a portfolio of ports, power plants, mines, ships and railway lines inside and outside India. 1. It is one of the fastest growing food FMCG companies in India. The company also bought Galilee Basin mine in Australia with 10.4 gigatonnes (Gt) of coal reserves. [49], In August 2017, Indian customs alleged the Adani Group was diverting millions of funds from the company's books to Adani family tax havens overseas. [71] [72] The Foundation made contributions of ₹5 crore (US$700,000) to the Gujarat CM Relief Fund and ₹1 crore (US$140,000) to Maharashtra CM Relief Fund. [19] Adani Power's total installed capacity then stood at 9,280 MW. Capacity : 1320 MW. It is currently a global conglomerate with varied business interests such as infrastructure development, coal mining and trading, ports, power generation, distribution of gas, oil and gas exploration, agro-infrastructure, multi-modal logistics, and edible oil. Gautam Adani on Incredible India. Its real estate activities are managed by Adani Infrastructure & Developers Private Limited. Adani Ports and Special Economic Zone Limited is India's largest private multi-port operator. Adani Transmission Limited is an electric power transmission company headquartered in Ahmedabad, India. Pranav Adani is an Indian businessman known for his contributions to various companies within the Adani Group. Recent. [10], In January 2018, the logistics and SEZ arm of the Group, Adani Ports & SEZ Limited, added equipment and machinery to become the largest dredger fleet in India. Our #HeroesAtWork. Addressing the nation's energy security needs, the Adani group operates solar and wind power plants across India, including 648 MW solar power plant at Kamuthi, Tamil Nadu, one of world's largest. Mundra Port is the largest private port in India. Our people are the key drivers of the Adani Group’s core philosophy of Growth with Goodness. See more ideas about Adani group, Site layout plan, Mumbai location. [16] Operations at the Port of Dahej commenced in 2011 and ts capacity subsequently grew to 20 Mt. Also avail accurate database with contact details of CEO/MD, CIO, CFO, HR, Sales, Marketing … [50] The details of $235 million diversion were obtained and published by The Guardian . [9], In December 2017, the company obtained a share purchase agreement (SPA) for the acquisition of the Mumbai Generation Transmission & Distribution (GTD) business from Reliance Infrastructure. [2] The group has annual revenue of over US$13 billion [3] with operations at 70 locations in 50 countries. The company runs the following subsidiaries: Adani Power Maharashtra Limited, Adani Power Rajasthan Limited, Adani Power Dahej Limited, Mundra Power SEZ Limited and Adani Power (Overseas) Limited [36] [37], In 2014, Adani Power overtook Tata Power to become India's largest power producer. In April 2014, it added the fourth unit of 660 megawatts at its Tiroda Thermal Power Station, making Adani Power India's largest private power producer. Source of water for the power plant is sea water from the Gulf of Kutch. With a Concession Agreement with the Government of Gujarat and the Gujarat Maritime Board in February 2001I, the group was granted the right to operate and develop the Mundra Port situated at the Navinal Island in the Kutch region for 30 years. These private rail lines are connected to its ports, mines and other business hubs to ensure seamless cargo movement. Adani Power Limited is the power business subsidiary of Indian conglomerate Adani Group with head office at Ahmedabad, Gujarat.It is a private thermal power producer, with capacity of 12,450 MW. Founded in about the 1640s, the town was an important mercantile centre and port throughout its history. Adani Group is a diversified organisation in India with combined revenue of $15 Bn and market cap of $40 billion (as on 28 th Oct 2020) comprising 6 publicly traded companies. The Adani Group is a diversified company in India with, according to its website, "interests in Infrastructure, Power, Global Trading, Logistics, Energy, Port & SEZ, Mining, Oil & Gas, Agri Business, FMCG products, Real Estate Development, Bunkering". The entire wiki with photo and video galleries for each article. Adani Management Consultancy Services was amalgamated with the company in 1994. At the time of the founding, the company became the primary custodian for more than 3800 circuit kilometers of transmission lines originating from the Mundra Thermal Power Station , connecting Mundra – Dehgam , Mundra –Mohindergarh and Tirora – … ↑ ET Bureau, "Adani Enterprises enters Coking Coal trade", The Economic Times, accessed January 10, 2012. [15] Adani Enterprises became the largest trading house in India importing coal with a market share 60%. The group has expanded into four verticals with its highly integrated infrastructure joining the list of top 50 performing companies in Asia by Forbes. All of the below listed companies have been demerged from AEL once they stabilised revenues with a stable business model. Conditions d’utilisation. [18], Adani Power emerged as India's largest private power producer in 2014. The total transmission capacity of the company is 16,200 MW. 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