The International Holding Company completed today, Tuesday, an investment deal worth 7.3 billion dirhams in the portfolio of the Adani group of companies, which is Adani Green Energy Limited, Adani Transmission Limited and Adani Enterprise Limited.
According to Arab Net International Holdings, headquartered in Abu Dhabi, the capital of Adani Green Energy Limited, Adani Limited Transmission and Adani Enterprise Limited, all of which are listed companies on the Bombay Stock Exchange and the National Stock Exchange in India through preferential allotment route.< /p>
The CEO and Managing Director of the International Holding Company, Sayed Basr Shuaib, said that this deal represents 4.87% of the total trade between the UAE and India, which amounted to 41 billion dollars between 2020 and 2021.
He added that the global holding company will support the acceleration of Adani Group's growth plan to supply the country with 45 gigawatts (9%) of India's non-fossil energy by 2030.
