19 Feb , 2024 By : Debdeep Gupta
Adani Group in talks with sovereign funds to raise $2.6 billion, The group, which expects to close the ongoing financial year ending March with Rs 80,000 crore of EBITDA (earnings before interest, tax, depreciation, and amortization), has held a series of road shows in London, Dubai, and Singapore with potential investors, briefing them about their future growth plans.
Adani Group is in advanced talks with sovereign funds based in West Asia to raise up to $2.6 billion for its airport expansion and green hydrogen projects, the Business Standard daily reported late on Sunday.
The group, which expects to close the ongoing financial year ending March with Rs 80,000 crore of EBITDA (earnings before interest, tax, depreciation, and amortization), has held a series of road shows in London, Dubai, and Singapore with potential investors, briefing them about their future growth plans.
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