India's Adani Group Plans $10B Investment in American Energy

India News

India's Adani Group Plans $10B Investment in American Energy
Adani GroupTrumpEnergy Security
  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 18 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 68%

Gautam Adani, founder and chairman of Indian industrial conglomerate Adani Group, said in a social media post platform X on Wednesday that the company will invest $10 billion in energy and infrastructure projects in the United States.

Adani has revealed that his company also aims to create up to 15,000 jobs in the country, but did not give the time period or details of the projects. “Congratulations to realDonald Trump . As the partnership between India and the United States deepens, the Adani Group is committed to leveraging its global expertise and invest $10 billion in US energy security and resilient infrastructure projects, aiming to create up to 15,000 jobs,” Adani wrote on X.

'We are gradually paying the dues and will take alternative measures if anyone stops the supply. We will not let any power producer hold us hostage,' Muhammad Fauzul Kabir Khan, power and energy adviser in Bangladesh's caretaker government, told Reuters. Adani Group shares have rebounded, and have returned 30% in the year-to-date.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

OilandEnergy /  🏆 34. in UK

Adani Group Trump Energy Security Adani Power

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

India's Adani Total Gas Books Higher Profit as Natural Gas-Vehicle Use GrowsIndia's Adani Total Gas Books Higher Profit as Natural Gas-Vehicle Use GrowsAdani Total Gas reported a 7.5% increase in consolidated profit for Q3 2024, fueled by rising CNG sales and India's growing demand for natural gas.
Read more »

Positive progress on Helensburgh Pier plans as new group set upPositive progress on Helensburgh Pier plans as new group set upEarlier this year over 500 residents gathered for a sail-past by the Waverley, with hopes high that she’ll be able to dock at the town once more in the future.
Read more »

Russian energy group Lukoil plans to sell Bulgarian refinery to Qatari-British consortiumRussian energy group Lukoil plans to sell Bulgarian refinery to Qatari-British consortiumDeal expected to conclude by end of year in sign of Moscow’s diminishing influence on Balkan energy networks
Read more »

Plans to build a ‘big Aldi’ plans opposed - by Tesco and LidlPlans to build a ‘big Aldi’ plans opposed - by Tesco and LidlA decision is set to be made next week after 'supermarket wars' erupted about the proposals
Read more »

'No plans' to fine patients for missing NHS appointments minister insists - as Streeting tables plans to...'No plans' to fine patients for missing NHS appointments minister insists - as Streeting tables plans to...Labours' care minister has insisted the government has 'no plans' to introduce fines for missed NHS appointments, despite claims Wes Streeting is tabling the idea.
Read more »

India Plans $109 Billion of Grid Investments to Boost RenewablesIndia Plans $109 Billion of Grid Investments to Boost RenewablesIndia plans to invest $109 billion in its power transmission system to support the integration of renewable energy sources and meet growing energy demand.
Read more »



Render Time: 2025-02-12 02:01:49