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Gautam Adani-led Adani Group is reportedly planning to invest Rs 25,000-27,500 crore (about $3 billion) to set up its first pumped-storage hydropower (PSH) facility as it aims to gain an edge in the country's thriving clean-energy industry, According to a Mint report, Adani Green will set up a PSH capacity of 5 GW in the next five years and then increase to 25 GW, which will take the group’s total green-energy capability to 70 GW. PSH produces electricity by moving water between two reservoirs at different elevations. The report further said that the company will set up PSH generation facilities in Maharashtra, Andhra Pradesh, Tamil Nadu, and Telangana, which, based on the current costs, will require an investment of Rs 25,000-27,500 crore.
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Adani Group to Invest ₹2,000 Crore in Skill and Employment Initiative with Singapore’s ITEES Adani Group, in partnership with Singapore’s ITEES, is launching a ₹2,000 crore skill and employment initiative aimed at boosting workforce capabilities in
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"Adani Group Loses ₹2.2 Lakh Crore in Market Cap as Stocks Drop 20% Amid US Bribery Allegations" "Adani Enterprises Leads Market Crash with 22.6% Drop; Adani Energy Solutions and Adani Green Energy Follow Suit" Adani Group's listed companies experi
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Adani Group plans to invest an additional $10 billion to build data centers in India. The port-to-power Adani Group has identified Andhra Pradesh, Maharashtra, Gujarat and Tamil Nadu as possible locations for setting up two data centers of about 1 g
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Hindenburg Report: New Evidence Points to Adani-SEBI Battle Intensifies as Whistleblower Exposes Alleged Ties Discover the latest developments in the ongoing Adani-SEBI controversy as a whistleblower reveals alleged connections between SEBI's chair
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