![](http://image.absoluteastronomy.com/images//topicimages/noimage.gif)
Adani Group
Encyclopedia
The Adani Group is a Gujarat based India
n conglomerate with the industrialist Gautam Adani as its CMD and promoter.http://economictimes.indiatimes.com/news/news-by-industry/et-cetera/Videocon-in-race-for-Pune-IPL-team-with-Jr-Bachchan-in-tow/articleshow/5651650.cms The core business of the group is Commodities Trading, edible oil Manufacturing, Mundra port
operations and distribution of Natural Gas
. Adani group has more than 50 companies under it. The various companies under the group are:
The corporate headquarters of the company are in the city of Ahmedabad
, India
.
Adani is now in the power sector, too, coming up with a 4620MW thermal power project(Largest Project in India till now) in Mundra, Kutch district.The first 6 units of 2640 MW have been completed as reported by June 2011making it India's largest private commercial power producer . It has plans to set up a whole total of 16,500MW by 2015 and 20000MW by 2020. If completed, Adani Power will be the largest private company having largest power production on coal-based power. Adani Energy is one of the largest natural gas distributors in India.
Adani Enterprises in August bought a coal mine in Australia for about Rs 12,600 crore (Rs 126 billion) in a cash and royalty deal. It will invest $6.9 billion in developing its recently acquired Australian coal mines. Group will develop mine, rail and port project in its Galilee Basin coal mine in Queensland, Australia to produce up to 60 million tonnes of coal a year at its peak.
The GAPL and the SEZ venture was merged before IPO so GAPL does stand as an entity now. GAPL is also in talk with Orissa government for setting up an all weather port near POSCO project. MPSEZ is the largest private port in India and growth shows it will be the no. 1 port by cargo handling by 2020.
Adani Wilmer is the largest manufacturer of edible oil in India with a market share of about 45%. Adani Enterprises is the largest trading house of India in importing coal with a market share 60%. It also supplies coal to NTPC, India.Adani group became India's largest private coal mining company after Adani Enterprises bagged orissa mine rights.ADANI group manages one management college namely AIIM and a medical college, GAIIM at Ahmedabad.Rajesh Adani, Vice Chairman of the Adani Group is nominated to the Finance Committee of the Pandit Deendayal Petroleum University, Gandhinagar, Gujarat
Due to high growth, its flagship company, Adani Enterprises, was placed among the top 50 Asian Companies by Forbes Asia in the year 2009 and its rank is 1865 in Forbes Global 2000
for 2010.
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
n conglomerate with the industrialist Gautam Adani as its CMD and promoter.http://economictimes.indiatimes.com/news/news-by-industry/et-cetera/Videocon-in-race-for-Pune-IPL-team-with-Jr-Bachchan-in-tow/articleshow/5651650.cms The core business of the group is Commodities Trading, edible oil Manufacturing, Mundra port
Port
A port is a location on a coast or shore containing one or more harbors where ships can dock and transfer people or cargo to or from land....
operations and distribution of Natural Gas
Natural gas
Natural gas is a naturally occurring gas mixture consisting primarily of methane, typically with 0–20% higher hydrocarbons . It is found associated with other hydrocarbon fuel, in coal beds, as methane clathrates, and is an important fuel source and a major feedstock for fertilizers.Most natural...
. Adani group has more than 50 companies under it. The various companies under the group are:
- Adani Enterprises Ltd.
- Adani Power Ltd.Adani PowerAdani Power Limited is the power business arm of Indian business conglomerate Adani Group with head office at Ahmedabad, Gujarat. The company is India's largest thermal private power producer with capacity of 3300 MW....
- Adani Retail Ltd.
- Adani Wilmar Ltd.
- Gujarat Adani Energy Ltd.
- Adani Mining ltd.
- Gujarat Adani Port Limited
- iCall India Limited
- Mundra PortMundra PortMundra Port and Special Economic Zone Limited manages the largest privately owned port in the country. The port project was initiated in 1988 by the Adani Group as a logistics base for their international trade operations when the sector was opened for private sector...
and Special Economic Zone limited - Adani Agri Logistics Limited
- Adani Agri Fresh Limited
- Adani Properties ltd
- Adani Welspun ltd.
The corporate headquarters of the company are in the city of Ahmedabad
Ahmedabad
Ahmedabad also known as Karnavati is the largest city in Gujarat, India. It is the former capital of Gujarat and is also the judicial capital of Gujarat as the Gujarat High Court has its seat in Ahmedabad...
, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
.
Adani is now in the power sector, too, coming up with a 4620MW thermal power project(Largest Project in India till now) in Mundra, Kutch district.The first 6 units of 2640 MW have been completed as reported by June 2011making it India's largest private commercial power producer . It has plans to set up a whole total of 16,500MW by 2015 and 20000MW by 2020. If completed, Adani Power will be the largest private company having largest power production on coal-based power. Adani Energy is one of the largest natural gas distributors in India.
Adani Enterprises in August bought a coal mine in Australia for about Rs 12,600 crore (Rs 126 billion) in a cash and royalty deal. It will invest $6.9 billion in developing its recently acquired Australian coal mines. Group will develop mine, rail and port project in its Galilee Basin coal mine in Queensland, Australia to produce up to 60 million tonnes of coal a year at its peak.
The GAPL and the SEZ venture was merged before IPO so GAPL does stand as an entity now. GAPL is also in talk with Orissa government for setting up an all weather port near POSCO project. MPSEZ is the largest private port in India and growth shows it will be the no. 1 port by cargo handling by 2020.
Adani Wilmer is the largest manufacturer of edible oil in India with a market share of about 45%. Adani Enterprises is the largest trading house of India in importing coal with a market share 60%. It also supplies coal to NTPC, India.Adani group became India's largest private coal mining company after Adani Enterprises bagged orissa mine rights.ADANI group manages one management college namely AIIM and a medical college, GAIIM at Ahmedabad.Rajesh Adani, Vice Chairman of the Adani Group is nominated to the Finance Committee of the Pandit Deendayal Petroleum University, Gandhinagar, Gujarat
Due to high growth, its flagship company, Adani Enterprises, was placed among the top 50 Asian Companies by Forbes Asia in the year 2009 and its rank is 1865 in Forbes Global 2000
Forbes Global 2000
The Forbes Global 2000 is an annual ranking of the top 2000 public companies in the world by Forbes magazine. The ranking is based on a mix of four metrics: sales, profit, assets and market value...
for 2010.