Are Adani Green Energy’s debt-fuelled sunny days coming to an end?
Charges of fraud levelled against chairman Gautam Adani and two key board members could spell trouble for India’s largest renewable energy developer, especially when its entire growth strategy is contingent on raising debt.
21 November, 2024•11 min
0
21 November, 2024•11 min
0
Getting your Trinity Audio player ready...
More in Business
Business
Can Vikram Solar’s new CEO close the gap?
The solar module maker is banking on Sameer Nagpal to build 12 GW of cell capacity from scratch and catch up with Waaree and Premier—but the runway is tight and rivals are formidable.
You may also like
Business
Can Vikram Solar’s new CEO close the gap?
The solar module maker is banking on Sameer Nagpal to build 12 GW of cell capacity from scratch and catch up with Waaree and Premier—but the runway is tight and rivals are formidable.
Business
Adani and Ambani’s media bets sink deeper into the red
NDTV and Network18 are now firmly loss-making—and show little urgency to fix the fundamentals.
Business
Reliance’s $3 billion deal sparks life in green ammonia sector
Mukesh Ambani's conglomerate signs one of the world's largest binding green ammonia offtake agreements. In doing so, it delivers a credibility boost to an industry stuck between ambition and execution.