Adani Group is exploring Bangladesh and East African countries for investments.
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| karan adhni |
what are the targets adani group sustainability
In September 2021, Adani Ports entered into an agreement with the Sri Lankan Ports Authority and 'John Keels Holdings' worth Rs 5,810 crore to jointly develop the western terminal of Colombo Port.
In this context, last week, the United States International Development Fund agreed to provide financial assistance of 5,600 crore rupees to the Adani Group's plan to set up a deep-sea container terminal at this port.
In Bangladesh, the Adani Group has expressed interest in investing in the country's energy, infrastructure and logistics sectors. The company has already signed an MoU with the Bangladesh government to build a 1,600 MW coal-fired power plant in the coastal district of Cox's Bazar. The Adani Group is also exploring the possibility of investing in setting up a deep-sea port and special economic zone in Bangladesh.
In East Africa, the Adani Group is keen to invest in the region's energy, infrastructure and logistics sectors. The company has already acquired a controlling stake in Kenyan port operator Transporters and Warehousing Company (TWC). The Adani Group is also exploring the possibility of investing in a deep-sea port in Tanzania and a railway in Ethiopia.
Adani Group's interest in investing in Bangladesh and East African countries is part of the company's broader strategy to expand its global footprint. The Adani Group is already present in several countries in Asia, Africa and the Middle East. The company's investment plans in Bangladesh and East African countries will further increase its global presence.
Here are some specific investment opportunities Adani Group is exploring in Bangladesh and East African countries:
Bangladesh:
Energy: The Adani Group is interested in investing in the development of coal-fired power plants, renewable energy projects and natural gas pipelines.
Infrastructure: The Adani Group is interested in investing in the construction of roads, bridges, ports and airports.
Logistics: Adani Group is interested in investing in warehousing, cold storage facilities and development of transportation networks.
East Africa:
Energy: The Adani Group is interested in investing in the development of oil and gas fields, renewable energy projects and power plants.
Infrastructure: The Adani Group is interested in investing in the construction of roads, bridges, ports and railways.
Logistics: Adani Group is interested in investing in warehousing, cold storage facilities and development of transportation networks.
Adani Group's investment projects in Bangladesh and East African countries are expected to generate significant economic benefits for these countries. Adani Group's investments are likely to create jobs, boost economic growth and improve infrastructure.
About 90 percent of Adani Ports Corporation's revenue comes from port operations. That's it
Due to the continued progress of expansion cup work in India, the revenue generated by the port is likely to increase further in the coming times.