Adani New Industries Limited (ANIL) recently raised a trade finance facility of USD 394 million (INR 3,231 crore) from Barclays PLC and Deutsche Bank AG for the purpose of addressing the working capital requirements of its integrated solar module manufacturing facility. ANIL, a fully owned subsidiary of Adani Enterprises Ltd., is building an ecosystem of one of the most comprehensively integrated green hydrogen businesses, including solar modules and wind turbine manufacturing.
Adani Enterprises Ltd
Adani Enterprises Limited (AEL) is the flagship company of Adani Group, one of India’s biggest business conglomerates. Adani Enterprises has spent time developing new infrastructure businesses, contributing to nation-building, and investing them into separate listed entities over the years. Through the development of successful unicorn companies like Adani Ports & SEZ, Adani Transmission, Adani Power, Adani Green Energy, Adani Total Gas, and Adani Wilmar, the company has made a substantial contribution to make the country self-reliant with its robust portfolio of businesses. Additionally, over the past 25 years, this has produced large profits for the company’s stockholders.
The green hydrogen ecosystem, airport management, roads, data centres, and primary industries like copper and petrochemicals are the focus of the company’s newest round of strategic business investments, and they all have a lot of potential to realise value.
