Adani Group is in discussions to finance $2.6 billion with sovereign funds: Report
The company has met with possible investors in London, Dubai, and Singapore. The group anticipates having an EBITDA (profits before interest, taxes, depreciation, and amortization) of Rs 80,000 crore by the end of the current financial year, which ends in March. There will be a number of road shows. to let them know about their intentions for future growth.
According to a late Sunday Business Standard daily article, Adani Group is in advanced discussions with a sovereign fund headquartered in West Asia to raise $2.6 billion for its green hydrogen projects and airport development.
The company has met with possible investors in London, Dubai, and Singapore. The group anticipates having an EBITDA (profits before interest, taxes, depreciation, and amortization) of Rs 80,000 crore by the end of the current financial year, which ends in March. There will be a number of road shows. to let them know about their intentions for future growth.
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