Monday, September 26

Tag: Gautam Adani

An Analysis of India’s 5G Spectrum Auction Outcome
India, Technology

An Analysis of India’s 5G Spectrum Auction Outcome

India's most awaited battle for the 5G Spectrum auction got Indian billionaires Mukesh Ambani and Gautam Adani, along with a slew of players expected to bid as much as $14 billion for frequency rights. These rights could determine who dominates the digital era. The scheduled date is Tuesday, July 26, 2022, from 10 am till 6 pm. Although Mukesh Ambani's Reliance, Jio Infocomm Ltd., has paid the highest pre-auction deposit, thereby being the most aggressive bidder in the sale and a new entrant Adani Data Networks Ltd., whose bids will be closely watched as competitors try to map out its telecom ambitions. Wireless carriers Bharti Airtel Ltd., a joint venture between Vodafone Group Plc and Kumar Mangalam Birla's group managed by billionaire Sunil Mittal, and Vodafone Idea Ltd., are als...
Be the World’s Largest Renewable Energy Generator, says Gautam Adani
Business

Be the World’s Largest Renewable Energy Generator, says Gautam Adani

The Chairman of Adani Group, Gautam Adani, said at a JP Morgan event shared that by 2030, Adani Group will be the world's largest renewable energy generator. By now, the company has already realized its position as the world's biggest solar power player. At the event, Adani shared that the group's renewable portfolio has reached its 25GW target in just two years against an estimated four years. At this pace, Adani Group will be the world's largest renewable energy generating company by 2030, paving the way for the group to be one of the largest producers of green hydrogen in the world. Adani has announced that more than 75% of the planned CAPEX will be green technologies by 2025. Over the next four years, the group aims to produce three times more than our current renewable power generat...
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