InCred Equities has initiated coverage on Adani Power with an ‘Add’ rating and a target price of Rs 649 per share. The ...

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KUALA LUMPUR – Few places encapsulate the questions swirling around Indian tycoon Gautam Adani like the Mundra power plant – a coal-fired colossus that for years has burned through money.

Few places encapsulate the questions swirling around billionaire Gautam Adani like the Mundra power plant — a coal-fired colossus that for years has burned through money. This crown jewel of his ...

Adani's Mundra power plant has more liabilities than assets and has run up $1.8 billion of losses, as per a Bloomberg report which added that the conglomerate has deployed more than $1 billion of ...

Those businesses include four coal power plants, 18 coal mines and a coal ... Modi’s delight when he flew over the Mundra port and saw Adani’s railroads stretching across the desert.

The Mundra Thermal Power Project, a coal-fired plant that began operations in 2009, is now the backbone of the $4.7 billion (sales) Adani Power. Adani is defensive about the notion that he has ...

Adani Power Ltd., India’s largest private sector power generator, has undertaken a ground-breaking green ammonia combustion pilot project at its Mundra plant as part of its multipronged ...