Adani Enterprises (NSE: ADANIENT) and Adani Ports (NSE: ADANIPORTS) are both up 3% and change on Friday on the back of news about a possible debt raise by the Adani Group. That debt raise is variously put at $800 million to $1 billion. It's not really all that normal for
Tag: Adani Group
BNP demands cancellation of power deal with Adani
Terming anti-state the government's power deal with the Indian Adani Group, BNP on Thursday demanded immediate cancellation of the agreement. "People of Bangladesh have already received a copy of the contract with Adani Group. This is an extremely uneven deal signed with an ulterior motive," said BNP Secretary General Mirza Fakhrul
Top policymakers briefed on talks with Adani Group
The government's top policymakers have been briefed about the outcome of a meeting the state-owned Bangladesh Power Development Board had with a visiting team of Adani Group on coal pricing issue under its power purchase deal with the Indian conglomerate. According to official sources on Tuesday, the officials of the BPDB
Power deal with Adani Group uneven: Fakhrul
BNP Secretary General Mirza Fakhrul Islam Alamgir on Tuesday termed unnecessary and uneven the government's power deal with the Indian Adani Group, and said Bangladesh will be unable to reap benefits from the project. "The government has signed a power contract with India's Adani Group. Everyone at home and abroad is
TIB for reviewing Dhaka’s power deal with Adani Group
Transparency International Bangladesh (TIB) on Friday asked the Bangladesh government to reconsider and if necessary cancel what it calls the vague and inequitable power purchase agreement with Adani Group. "TIB expressed deep concern that the Bangladesh's power sector may become hostage to this controversial company if the unequal, opaque and discriminatory
Adani Group pre-pays $1,114m loans
Leading Indian multinational conglomerate Adani Group promoters have paid the amounts to pre-pay $1,114 million loans ahead of its maturity in September 2024, the company said in a statement. The decision was taken in the of light market volatility and in continuation of the promoters’ commitment to reduce the overall promoter