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India’s leading airport operator Adani Airports Limited announcerd to acquire majority interest in Mumbai Airports, India. Adani Airports Limited is a part of India’s energy giant Adani Group. The acquisition of Mumbai airports helps Adani Group to redesign the customer service and bridge company’s B2C and B2B business models.

  • The addition of the Mumbai International Airport and the Navi Mumbai International Airport expands the company’s existing portfolio of 6 airports.
  • The Adani Group’s ability to serve this growth through a rapid build-out of airport infrastructure can be a significant enabler.

The major contracts and deals by Adani Group are mentioned below:

Aug 2020: Adani Green Energy a subsidiary of Adani Group, has strengthen its partnership with Siemens Gamesa for one of the largest wind power projects in India. As per agreement Siemens Gamesa will deliver 215 SG 2.2-122 wind turbines, totalling 473 MW wind power project.

July 2020: Adani Group’s transmission and distribution business arm Adani Transmission Ltd (ATL) has signed a definitive agreement with Kalpataru Power Transmission Ltd. (KPTL) for acquiring Alipurduar Transmission Ltd.

June 2020: Adani Group has announced that its subsidiary Adani Green Energy Limited (AGEL) has won the first of its kind manufacturing linked solar agreement from the Solar Energy Corporation of India (SECI). AGEL will develop 8 GW of solar projects along with a commitment that will see Adani Solar establish 2 GW of additional solar cell and module manufacturing capacity.

April 2020: France based leading energy player TOTAL S.A announced that its step-down subsidiary has invested approximately $486 million for 50% partnership with Adani Green Energy Limited (AGEL) in a Joint Venture (JV) in India. The JV houses 2.148 GW operating solar projects across 11 states in India.

About Adani Group
The Adani Group is a world’s leading infrastructure player with business spanning across logistics, energy, real estate, financial services, defense and aerospace, and agriculture. The Group headquartered in Ahmedabad, Gujarat, India. The Group’s vision has always been in sync with the idea of Nation Building.

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