05-April-2025
Corporate News
 
Adani Group to raise $ 4-5 billion for Gujarat projects
01-Apr-2025

Adani Group plans to raise $4 -5 billion for its projects in Khavda and Mundra in Gujarat in the next few months, said sources familiar with the matter. Adani is building a 30 GW renewable energy park in Khavda, Gujarat, which will be the largest renewable energy park in the world. The plant will produce 26 GW of solar energy and 4 GW of wind energy. “The fundraise is through mixture of debt and equity,” said sources, adding that most of the fundraising will be done by Adani Green Energy (AGEL).

News Source:- https://www.financialexpress.com/business/industry-adani-group-to-raise-4-5-billion-for-gujarat-projects-3794794/?ref=business_hp