Adani Expands Engineering Portfolio

25 Nov 2024 CW Team

The acquired firm is recognized for its robust engineering solutions and a strong project portfolio in India and internationally. Strategic Goals:

Boost Adani's competitive edge in large-scale infrastructure projects. Strengthen its ability to deliver renewable energy solutions and urban infrastructure. Financial Impact:

The acquisition is part of Adani’s ongoing investment in expanding its diversified infrastructure portfolio. Impact on Adani's Growth Strategy: Sectoral Synergies:

Renewables: Enhanced capabilities to construct and manage solar, wind, and hybrid energy plants. Urban Development: Strengthened ability to execute smart cities, metro projects, and large housing developments. Transportation: Expertise to expand railways, roads, and airports construction projects. Competitive Positioning:

Improved cost efficiency and project management capabilities. Enhanced ability to compete in international EPC tenders. Market Reactions: Industry analysts view the acquisition as a significant step toward Adani’s vertical integration strategy. The move is expected to increase the group's share in infrastructure and EPC markets while supporting India's push for rapid urban and industrial growth. Challenges and Opportunities: Challenges:

Integrating new teams and technologies into the broader Adani Group ecosystem. Navigating market competition in the EPC domain. Opportunities:

Expanding into unexplored regions with the acquired company's expertise. Increasing participation in India’s growing demand for sustainable infrastructure solutions. Conclusion: This acquisition is a pivotal milestone for the Adani Group, positioning it as a dominant player in engineering and construction while reinforcing its commitment to India’s infrastructure and renewable energy growth.

The Adani Group has acquired a prominent engineering and construction company, further bolstering its infrastructure capabilities and project execution potential. This acquisition aligns with Adani's strategy to enhance its EPC (engineering, procurement, and construction) expertise across multiple sectors, including renewables, transport, and urban development. Details of the Acquisition: Company Profile: The acquired firm is recognized for its robust engineering solutions and a strong project portfolio in India and internationally. Strategic Goals: Boost Adani's competitive edge in large-scale infrastructure projects. Strengthen its ability to deliver renewable energy solutions and urban infrastructure. Financial Impact: The acquisition is part of Adani’s ongoing investment in expanding its diversified infrastructure portfolio. Impact on Adani's Growth Strategy: Sectoral Synergies: Renewables: Enhanced capabilities to construct and manage solar, wind, and hybrid energy plants. Urban Development: Strengthened ability to execute smart cities, metro projects, and large housing developments. Transportation: Expertise to expand railways, roads, and airports construction projects. Competitive Positioning: Improved cost efficiency and project management capabilities. Enhanced ability to compete in international EPC tenders. Market Reactions: Industry analysts view the acquisition as a significant step toward Adani’s vertical integration strategy. The move is expected to increase the group's share in infrastructure and EPC markets while supporting India's push for rapid urban and industrial growth. Challenges and Opportunities: Challenges: Integrating new teams and technologies into the broader Adani Group ecosystem. Navigating market competition in the EPC domain. Opportunities: Expanding into unexplored regions with the acquired company's expertise. Increasing participation in India’s growing demand for sustainable infrastructure solutions. Conclusion: This acquisition is a pivotal milestone for the Adani Group, positioning it as a dominant player in engineering and construction while reinforcing its commitment to India’s infrastructure and renewable energy growth.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..