Adani Group to spin off its businesses

Gautam Adani’s group plans to spin off businesses like hydrogen, airports and data centre between 2025 and 2028 after they achieve a certain investment profile, it’s Chief Financial Officer Jugeshinder Singh said. Adani Enterprises Ltd, which is looking to raise ₹20,000 crore in a follow-on share sale, is the business incubator for the group. Over

Adani to deploy hydrogen-powered mining trucks

Gautam Adani’s group said it will deploy hydrogen fuel cell operated trucks for mining logistics and transportation as part of its decarbonization plan. This collaboration marks Asia’s first planned hydrogen powered mining truck. While AEL will lead the demonstration project, Ballard — an industry leading PEM fuel cell engine manufacturer — will supply the FCmoveTM