Adani – Delhi Aaj Kal https://www.delhiaajkal.com Delhi Ki Awaaz Thu, 28 Nov 2024 15:48:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://i0.wp.com/www.delhiaajkal.com/wp-content/uploads/2022/11/Black-minimalist-michael-vescera-logo.png?fit=32%2C32&ssl=1 Adani – Delhi Aaj Kal https://www.delhiaajkal.com 32 32 212602069 No Evidence Against Adani Says Mukul Rohtagi https://www.delhiaajkal.com/no-evidence-against-adani-says-mukul-rohtagi/ https://www.delhiaajkal.com/no-evidence-against-adani-says-mukul-rohtagi/#respond Thu, 28 Nov 2024 15:48:56 +0000 https://www.delhiaajkal.com/?p=4230

अदानी के खिलाफ कोई सबूत नहीं , कांग्रेस राजनीतिक हंगामा कर रही है – मुकुल रोहतगी

दिल्ली आजकल ब्यूरो , दिल्ली
27 नवंबर 2024

बुधवार को उद्योगपति गौतम अदानी के समर्थन में देश के दो दिग्गज वकील मुकुल रोहतगी और महेश जेठमलानी सामने आए. उन्होंने कहा कि अमेरिका की जिस रिपोर्ट को लेकर कांग्रेस हंगामा कर रही है. उसमें अदानी या उनके परिवार के किसी भी व्यक्ति के खिलाफ कोई सबूत नहीं है. कांग्रेस यह समस्त हंगामा केवल राजनीतिक उद्देश्य के लिए कर रही है. इन दोनों वकीलों ने कहा कि किसी भी मामले में किसी को भी अपराधी साबित करने के लिए सबूत की जरूरत होती है. लेकिन इस मामले में अदानी या उनके परिवार के किसी भी व्यक्ति के खिलाफ कोई सबूत नहीं है. यह केवल उनको बदनाम करने , राजनीतिक लाभ के लिए हंगामा करने और इसके सहारे भारतीय शेयर बाजार को प्रभावित करने का एक प्रपंच है.

अमेरिका में एक रिपोर्ट आई थी. जिसमें गौतम अडानी पर सोलर ऊर्जा से संबंधित ठेका लेने के लिए रिश्वत देने का आरोप लगाया गया है. इस मामले पर अदानी का पक्ष रखते हुए रोहतगी और जेठमलानी ने कहा कि अदानी समूह के प्रमुख गौतम अदानी और उनके भतीजे सागर अदानी का नाम रिश्वत देने या न्याय में बाधा डालने जैसे आरोपों में नहीं है.

यहां एक संवाददाता सम्मेलन को संबोधित करते हुए मुकुल रोहतगी ने कहा कि उन्होंने आरोप पत्र देखा है. इसमें 5 आरोप लगाए गए हैं. इसमें सबसे ज्यादा अहम बात यह है कि किसी भी आरोप में अदानी का नाम नही है.

महेश जेठमलानी ने कहा है कि अमेरिकी डिपार्टमेंट ऑफ जस्टिस के अभियोग में भारत में रिश्वत देने को लेकर कोई सबूत पेश नहीं किया गया है. साथ ही अभियोग में यह भी नहीं बताया गया है कि भारत में किस कानून का उल्लंघन हुआ है. जेठमलानी ने कहा कि अमेरिका में अदानी समूह पर लगाए गए आरोप भारत के आर्थिक विकास की यात्रा को रोकने की साजिश है. उन्होंने इस मुद्दे को लेकर कांग्रेस पर राजनीति करने का आरोप लगाया है.जेठमलानी ने कहा है कि कांग्रेस केवल राजनीतिक फायदे के लिए मुद्दे को उठा रही है.

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Adani Total Gas, Shigan sign MoU fo collaboration in decarbonization https://www.delhiaajkal.com/adani-total-gas-shigan-sign-mou-fo-collaboration-in-decarbonization/ https://www.delhiaajkal.com/adani-total-gas-shigan-sign-mou-fo-collaboration-in-decarbonization/#respond Wed, 03 Jan 2024 12:59:08 +0000 https://www.delhiaajkal.com/?p=3464

Delhi Aajkal Bureau, Delhi

3 January 2024

In a move towards sustainability and environmental responsibility, Adani Total Gas Limited (ATGL), India’s leading energy and city gas distribution company, and Shigan Quantum Technologies Limited (Shigan), an alternative fuel system solutions provider for automotive, locomotive and stationary engine applications, today announced the signing of a Memorandum of Understanding (MoU) that aims at decarbonizing the supply chain by creating an ecosystem which will enable transitioning to cleaner fuels such as CNG and LNG. Under the MoU, both ATGL and Shigan will explore various areas of collaboration.

Shigan manufactures alternative fuel system solutions for automotive OEMs (original equipment manufacturers) and aftermarket. The primary focus of both the partners will be on adopting natural gas for transportation and mining applications through sustainable solutions for fleet operators, including those deployed by Adani Group companies in sectors like cement, ports and logistics. The LNG retrofitment solution also will explore various applications like stationary engines, locomotives and marine equipment.

Besides developing CNG/LNG-based retrofitment solutions, the partnership will explore developing e-mobility based solutions for last mile delivery players and use cases for green hydrogen as fuel for ICE (internal combustion engine) vehicles.

ATGL and Shigan are confident that the collaboration will have a positive impact on the environment and the broader business community. The MoU will enable both parties to prioritise their sustainability efforts without compromising on operational efficiency.

Suresh P. Manglani, Executive Director and CEO, ATGL, said, “The signing of the MoU represents a collective vision for a greener, more sustainable future. We look forward to co-developing end-to-end solutions, which will support the transport and mining industries in their decarbonization journey and contribute to the net zero commitments of the country.”  

Shishir Agrawal, Managing Director, Shigan, expressed enthusiasm about the collaboration, stating, “This MoU marks a significant step forward in our joint commitment to environmental responsibility. By transitioning to cleaner fuels, we aim to not only reduce our carbon footprint but also inspire positive change within industry.”

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Adani Portfolio leading the way in ESG https://www.delhiaajkal.com/adani-portfolio-leading-the-way-in-esg/ https://www.delhiaajkal.com/adani-portfolio-leading-the-way-in-esg/#respond Wed, 13 Dec 2023 07:09:26 +0000 https://www.delhiaajkal.com/?p=3187

Delhi Aajkal Bureau , Delhi
12 December 2023

Adani Group, India’s largest integrated infrastructure developer, today released its half-yearly ESG compendium, showing significant progress in its decarbonization pathway and its ambition to support the global net zero journey. The group, which is at the forefront of India’s green energy transition, has set a target to become net zero by 2050 or earlier for five of its portfolio companies — Adani Green Energy, Adani Energy Solutions, Adani Ports & SEZ, ACC and Ambuja Cements. The Portfolio businesses are actively sourcing renewables, electrifying operations and adopting biofuels, and deploying waste heat recovery and energy storage technologies.

The roadmap to the net zero transition will require last mile green hydrogen solutions. To make green hydrogen adoption feasible, Adani’s track record in largescale renewables and fully integrated manufacturing with end-to-end EPC capability — all in one single location — uniquely positions it to lower costs.

The portfolio companies will be investing USD 100 billion over the next decade towards achieving energy transition.

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From Strength to Strength: Adani’s strategic initiatives enhance credit profile https://www.delhiaajkal.com/from-strength-to-strength-adanis-strategic-initiatives-enhance-credit-profile/ https://www.delhiaajkal.com/from-strength-to-strength-adanis-strategic-initiatives-enhance-credit-profile/#respond Fri, 25 Aug 2023 11:19:05 +0000 https://www.delhiaajkal.com/?p=2215

Delhi Aajkal Bureau, Delhi 

25 August 2023

 In a significant milestone, the Adani Group, through a series of strategic initiatives, has increased its liquidity position at the portfolio level to finish with a cash balance of INR 42,115 crore at the end of the June quarter. The portfolio companies diligently focused on bolstering their financial standing, ensuring a robust foundation for their ambitious projects.

The following are the key measures that contributed to this positive transformation:

·         Significant deployment of equity resulted in total equity increasing to 55.77% of the total assets as compared to 40.16% at the end of FY19. Equity deployed by the end of FY23 was INR 2,35,812 crore, much higher than net debt of INR 1,87,087 crore.

·         EBITDA and gross assets have grown at a much faster rate in the last four years (FY19 to FY23) at a CAGR of 18.13% and 21.7% respectively. EBITDA in the June FY24 quarter increased by 42% year-on-year and was more than 40% of the entire FY23. As against these, net debt has grown at only 14.56% CAGR, resulting in consistently improving leverages ratios.

  • Net debt to run-rate EBITDA for FY23 fell to 2.8x as compared to 3.2x a year ago
  • Gross Assets to Net debt was 2.3x at the end of FY23
  • Net Debt to Equity at 0.8x at the end of FY23
  • Debt coverage ratio improved to 2.02x for FY23 as compared to 1.47x for FY22

·         More than half of the portfolio EBITDA is from the businesses that enjoy ratings equal to sovereign rating of India. Such high ratings have allowed continues capital market access.

·         The core infrastructure and utility platform accounted for 83% of total EBITDA in FY23 and 86% in the June FY24 quarter. Contractual businesses accounted for 82% of the portfolio EBITDA in FY23. Such a high contribution offers great stability and multi-decadal visibility on earnings.

·         Well-diversified finance sourcing from global as well as domestic banks, capital markets and others has eliminated concentration risk.

·         The conservative planning has provided for a robust maturity cover. Maturity profile of debt for all the companies exceeds cover period in all cases, ensuring refinancing protection and eliminating systemic risks.

·         Free funds flow plus cash for FY23 was 2.72x against average debt maturity cover of 6.55 years, thus eliminating refinance risks. Free funds flow is EBITDA less finance cost paid less tax.

·         Through a 10-year equity programme with long-only global investors formulated in 2016, the Adani portfolio has attracted over USD 9.5 billion (does not include the recent stake sale in Adani Power to GQG Partners) since 2019. This programme has supported strategic priorities, including pre-payment of margin-linked share-backed financing.

·         Promoter level entity has generated INR 30,900 crore (does not include recent stake sale in Adani Power to GQG Partners) through secondary market transactions since March 2023.

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Adani Total Energies E-Mobility  partners with Evera Cabs for developing charging hub https://www.delhiaajkal.com/adani-total-energies-e-mobility-partners-with-evera-cabs-for-developing-charging-hub/ https://www.delhiaajkal.com/adani-total-energies-e-mobility-partners-with-evera-cabs-for-developing-charging-hub/#respond Thu, 24 Aug 2023 11:41:08 +0000 https://www.delhiaajkal.com/?p=2188

Delhi Aajkal Bureau , Delhi

22 August 2023

Adani TotalEnergies E-Mobility Limited (ATEL) will set up a robust EV charging infrastructure with Prakriti E-Mobility(Evera), an all-electric cab aggregator. The collaboration will feature an integration of200 EV charging points super hub in Delhi. This strategic partnership will be scaled up pan-India to encourage decarbonized mobility. The partnership comes at a time of rising EV demand, though charging infrastructure still remains scant. The partnership will catalyse India’s 2030 decarbonization target, supported by a rising inclination towards electric vehicles in the cab hailing segment. Through these concerted efforts, ATEL and Evera hope to bridge the existing EV infrastructural gaps in India, targeting key highways, workplaces, and other locations with convenient and fast-charging AC and DC solutions. “We are excited to join hands with Prakriti E-Mobility Limited (Evera) in developing this prestigious project in the Delhi-NCR region, further strengthening our long-term strategic partnership. We are already engaged with Evera for operating its cluster hub at Okhla, Delhi. The upcoming hub is strategically located in close proximity to the Delhi International Airport  and will support Evera to provide green rides to customers. The hub will include commissioning of approximately 200 EV charging points, which will be a combination of AC & DC chargers,” said Suresh P. Manglani, CEO & ED, ATGL.The large-sized EV charging station at Samalkha will allow use by other aggregators and individual EV owners to increase crossutilization and to improve the EV ecosystem in New Delhi. This model will then be replicated pan-India. ATEL and Evera will enable this infrastructure on a revenue sharing model, which becomes strategically resourceful by championing the partners’ individual expertise.

Commenting on the collaboration, Nimish Trivedi, Co-Founder & CEO, Evera, said, “This association will foster a user-friendly experience for Evera cab drivers as well as all electric vehicle owners by eliminating anxiety to travel farther distances. We are developing this with the aim to realize a sinewed mobility infrastructure that is green, climate-conscious, and sustainable. We could not be more excited to combine forces with ATEL to propel India’s EV infrastructure that drives electric vehicle adoption among individuals, businesses, and cab aggregators.”

With a firm commitment to addressing the pressing need for a robust EV charging infrastructure, this partnership signifies a pivotal juncture in the  journey towards India’s 2030 Decarbonization goals. The upcoming charging station in the capital will not only eliminate range anxiety but also promote widespread adoption of electric vehicles. By fostering a harmonious blend of expertise and shared vision, this visionary alliance is poised to reshape mobility, making clean, green, and efficient travel a reality for all.

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