Adani in Talks for $600M Gas Unit Loan
OIL & GAS

Adani in Talks for $600M Gas Unit Loan

Gautam Adani, the chairman of Adani Group, is reportedly in discussions with banks to secure a loan of $600 million for the group's gas business unit. This potential financing arrangement highlights Adani's strategic efforts to support the expansion and operations of its gas segment.

The discussions with banks underscore Adani's confidence in the growth prospects of its gas business and its commitment to furthering investments in this sector. The loan, if finalised, would provide Adani Group with additional financial resources to fund its gas-related projects and initiatives.

Adani Group's gas business encompasses various activities, including natural gas distribution, LNG terminals, and gas-based power generation. The potential loan is expected to bolster the group's efforts in expanding its presence in the gas sector and capitalising on emerging opportunities in the energy market.

The $600 million loan would enable Adani Group to invest in infrastructure development, technology upgrades, and market expansion initiatives for its gas unit. This strategic financing move aligns with Adani's long-term vision of becoming a leading player in the energy sector and supporting India's energy security objectives.

As discussions progress between Adani Group and banks regarding the potential loan, stakeholders will closely monitor developments in the energy market and the group's expansion plans. The successful acquisition of the loan would provide Adani Group with the necessary financial flexibility to pursue its growth agenda and contribute to the country's energy transition efforts.

Gautam Adani, the chairman of Adani Group, is reportedly in discussions with banks to secure a loan of $600 million for the group's gas business unit. This potential financing arrangement highlights Adani's strategic efforts to support the expansion and operations of its gas segment. The discussions with banks underscore Adani's confidence in the growth prospects of its gas business and its commitment to furthering investments in this sector. The loan, if finalised, would provide Adani Group with additional financial resources to fund its gas-related projects and initiatives. Adani Group's gas business encompasses various activities, including natural gas distribution, LNG terminals, and gas-based power generation. The potential loan is expected to bolster the group's efforts in expanding its presence in the gas sector and capitalising on emerging opportunities in the energy market. The $600 million loan would enable Adani Group to invest in infrastructure development, technology upgrades, and market expansion initiatives for its gas unit. This strategic financing move aligns with Adani's long-term vision of becoming a leading player in the energy sector and supporting India's energy security objectives. As discussions progress between Adani Group and banks regarding the potential loan, stakeholders will closely monitor developments in the energy market and the group's expansion plans. The successful acquisition of the loan would provide Adani Group with the necessary financial flexibility to pursue its growth agenda and contribute to the country's energy transition efforts.

Next Story
Infrastructure Transport

MoRTH to Frame IRC Norms for New-Age Machines in Highway Work

The Ministry of Road Transport and Highways (MoRTH) has decided to formally adopt Automated and Intelligent Machine-aided Construction (AIMC) for highway projects, aiming to accelerate execution and ensure timely completion. In line with this, MoRTH announced that the Indian Roads Congress (IRC) will develop new guidelines based on feedback from contractors and concessionaires actively involved in these projects.So far, MoRTH has sanctioned at least 16 highway projects where innovative construction equipment will be deployed. Additionally, the ministry is awaiting Cabinet approval for 10 more ..

Next Story
Infrastructure Energy

SECI Extends Green Ammonia Bid Deadline to 30 June

The Solar Energy Corporation of India (SECI) has extended the bid deadline for its green ammonia tender to 30 June 2025. The tender was issued under the SIGHT Scheme - Mode 2A, Tranche I, to supply 7.24 lakh tonnes annually to 13 fertiliser plants.As the implementing agency under the National Green Hydrogen Mission, SECI will enter long-term offtake agreements with selected producers, providing 10-year commercial certainty to encourage market development for green hydrogen derivatives. ..

Next Story
Infrastructure Urban

India Launches First Maritime Sector NBFC

Union Minister Sarbananda Sonowal recently inaugurated Sagarmala Finance Corporation Limited (SMFCL), India’s first NBFC dedicated to the maritime sector. Formally registered with the RBI on 19 June 2025, SMFCL evolved from Sagarmala Development Company Limited.It will address financing gaps for ports, MSMEs, startups, and maritime institutions, supporting shipbuilding, renewable energy, cruise tourism, and education. The move aligns with India’s Maritime Amrit Kaal Vision 2047 and aims to catalyse innovation and sustainable logistics growth.Union Minister of State Shantanu Thakur emphasis..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?