Adani assures to complete infra projects on time and on budget

20 Feb 2023 CW Team

Adani Enterprises, the Adani Group's flagship, said that new businesses such as renewables, data centres, airports, and roads account for more than 33% of earnings and that all infrastructure projects will be completed on time.

In this market volatility, Adani Enterprises are laser-focused on maintaining its business momentum.They’ll be looking at AEL's finances, operating performance, and incubation pipeline.

Gautam Adani's group has been trying to regain investor trust after a report from US short-seller Hindenburg Research last month wiped out more than $120 billion of his empire's market value. Hindenburg's allegations have been denied by the company.

AEL is making progress in the incubation of new projects by Adani New Industries (ANIL) in green hydrogen, Adani Connex in data centres, Adani Airports Holding, and Adani Road Transport.

The group's decision not to proceed with a follow-on public offer (FPO) will have no impact on its operations or plans. During the early stages of a new project, our leverage tends to increase due to the nature of our infrastructure assets generating strong cashflow, resulting in rapid deleveraging.

ANIL has three business lines: ingots, wafers, cells, modules, wind turbines, electrolyser and associated ancillary equipment, green hydrogen generation, and downstream products.

Also read:
Deal for DB Power assets at Rs 70.17 billion by Adani Power falls
Adani Power falls in profits by 96%

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..