Adani New Industries plans to raise $3 billion for capital expenditure through offshore loans. It aims to become a major player in India's green hydrogen push and produce clean fuel in Gujarat. The company will invest $50 billion over 10 years to achieve net zero emissions by 2070. Adani New Industries plans to begin production of the clean fuel from 2027 in the western state of Gujarat, and could invest as much as $50 billion over 10 years, according to the company. Proceeds from the fundraising could be used to support this plan, the people said. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
