To finance development, the Adani Group hopes to raise $10 billion

According to a report by Mint on October 10 citing unnamed sources, Adani group is in discussions with Singapore's state investor Temasek, the

the nation's sovereign wealth fund GIC, and other wealth and private equity funds to raise at least $10 billion

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For expanding its cement, ports, green energy, and fast-moving consumer goods businesses.

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The only problem is that deal price will be crucial because capital will be raised through equity sales and the majority of Adani enterprises'

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The capital will be raised in several instalments and most likely through the sale of stock in Adani Group companies other promoter group-affiliated organisations.

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The group plans to invest Rs 65,000 crore in Rajasthan over the next five to seven years, creating over 40,000 direct and indirect jobs

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"70% of this funding has been set aside for the energy transition sector. We are now the biggest solar company in the world, and we want to achieve much more

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We are dedicated to investing $70 billion in a comprehensive green hydrogen-based value chain "said he.

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Following this announcement, attention is focused on Adani group stocks including Adani Enterprises Ltd

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Adani Ports, Adani Power, Adani Transmission, Adani Green Energy, Adani Total Gas, and Adani Wilmar.

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According to a report by Mint on October 10 citing unnamed sources, Adani group is in discussions with Singapore's state investor Temasek, the

credit: Google

the nation's sovereign wealth fund GIC, and other wealth and private equity funds to raise at least $10 billion

credit: Google

For expanding its cement, ports, green energy, and fast-moving consumer goods businesses.

credit: Google

The only problem is that deal price will be crucial because capital will be raised through equity sales and the majority of Adani enterprises'

credit: Google

The capital will be raised in several instalments and most likely through the sale of stock in Adani Group companies other promoter group-affiliated organisations.

credit: Google

The group plans to invest Rs 65,000 crore in Rajasthan over the next five to seven years, creating over 40,000 direct and indirect jobs

credit: Google

"70% of this funding has been set aside for the energy transition sector. We are now the biggest solar company in the world, and we want to achieve much more

credit: Google

We are dedicated to investing $70 billion in a comprehensive green hydrogen-based value chain "said he.

credit: Google

Following this announcement, attention is focused on Adani group stocks including Adani Enterprises Ltd

credit: Google

Adani Ports, Adani Power, Adani Transmission, Adani Green Energy, Adani Total Gas, and Adani Wilmar.

credit: Google