+
Adani Group to invest in Azerbaijan’s mining & petrochem projects
POWER & RENEWABLE ENERGY

Adani Group to invest in Azerbaijan’s mining & petrochem projects

The ports-to-energy conglomerate, Adani Group is considering mining and petrochemical projects in Azerbaijan as it attempts to grow outside of India. According to a statement from the President of Azerbaijan's office, Adani met with President Ilham Aliyev of Azerbaijan in Davos. The expansion of Azerbaijan's economy, the potential for cooperation with the Adani Group in the petrochemical, mining, and metallurgical industries, as well as other areas of mutual interest, were all topics of discussion during the talk, according to the statement.

Adani has been rapidly diversifying its business in recent years, growing an empire that is centred on ports and coal mining to encompass airports, data centres, cement, and green energy. The Azerbaijani government released a statement saying, “According to Gautam Adani, the firm has vast experience in the fields of port management, transport and transportation in India and other regions of the world and has made direct investments in these fields in a number of nations. The parties agreed to conduct reciprocal visits of delegations and to hold comprehensive discussions on future collaboration.”

The two parties underlined that Azerbaijan is the initiator of the East-West and North-South transport corridors, and one of the major transport logistics hubs and looked into possible areas of cooperation in this regard. In the context of the East-West transit corridor, they also recognised the importance of the Middle Corridor via Azerbaijan. The Trans-Caspian East-West Corridor is crucial to reviving the ancient Silk Road. It travels via train and road routes across Georgia, Azerbaijan, and the Caspian Sea and heads in the direction of China through the route Turkmenistan, Uzbekistan, Kyrgyzstan, and Kazakhstan.

The ports-to-energy conglomerate, Adani Group is considering mining and petrochemical projects in Azerbaijan as it attempts to grow outside of India. According to a statement from the President of Azerbaijan's office, Adani met with President Ilham Aliyev of Azerbaijan in Davos. The expansion of Azerbaijan's economy, the potential for cooperation with the Adani Group in the petrochemical, mining, and metallurgical industries, as well as other areas of mutual interest, were all topics of discussion during the talk, according to the statement. Adani has been rapidly diversifying its business in recent years, growing an empire that is centred on ports and coal mining to encompass airports, data centres, cement, and green energy. The Azerbaijani government released a statement saying, “According to Gautam Adani, the firm has vast experience in the fields of port management, transport and transportation in India and other regions of the world and has made direct investments in these fields in a number of nations. The parties agreed to conduct reciprocal visits of delegations and to hold comprehensive discussions on future collaboration.” The two parties underlined that Azerbaijan is the initiator of the East-West and North-South transport corridors, and one of the major transport logistics hubs and looked into possible areas of cooperation in this regard. In the context of the East-West transit corridor, they also recognised the importance of the Middle Corridor via Azerbaijan. The Trans-Caspian East-West Corridor is crucial to reviving the ancient Silk Road. It travels via train and road routes across Georgia, Azerbaijan, and the Caspian Sea and heads in the direction of China through the route Turkmenistan, Uzbekistan, Kyrgyzstan, and Kazakhstan.

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?