Inox will install 50 MW windmills in Andhra Pradesh and 20 MW in Madhya Pradesh, says Devansh Jain, executive director of Inox Wind.
Environmentalists hailed the ruling against the controversial Carmichael mine as another setback for the project, estimated to cost up to USD 16 billion, which they say threatens two vulnerable species and will endanger the Great Barrier Reef
Indian conglomerate Adani Enterprises on Tuesday said it was in discussions with Foxconn, the trade name for Hon Hai Precision Industry Co Ltd, for a joint venture.
Jindal Steel and Power Limited today won the Gare Palma IV/2&3 coal mine at Rs 108 per tonne each.
Adani Enterprises is looking forward to margin improvement in FY14 , once it starts charging higher tariff from consumers.
In an interview to CNBC-TV18 Gautam Adani, chairman, Adani Enterprises said he is hopeful of 30% linkage getting restored for its Rs 25,000-crore imported coal-based power plant at Mundra in Gujarat.
Speaking to CNBC-TV18, executive director and chief financial officer of Adani group, Devang Desai, says that interest costs have increased mainly due to an increase in capacities.
In an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, Karnataka Lokayukta member Santosh Hegde said that Adani Enterprise has a stake in the port used for illegal mining, while JSW Steel is accused for bribing the ministers.
In an interview with CNBC-TV18, Devang Desai, CFO, Adani Group, speaks about the results and gives his outlook going forward.