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Adani Energy Solutions says no material impact from Kenya energy deal cancellation

By Economic Times - 11 hours ago
Adani Energy Solutions stated that the cancellation of a $736 million transmission line project in Kenya does not necessitate regulatory disclosure according to Indian stock exchange rules. The company asserts that the cancellation falls within its normal business operations and will not materially impact its operations. This statement comes after Kenyan President William Ruto revoked the 30-year public-private partnership deal.

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