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The infra team of India-Gautam Adani:
Gautam Adani, the richest man in India and the fifth-richest person in the world, is busy making money. We are saying this because recently Gautam Adani had done Ambuja and ACC cement deal with Holcim and now the news is coming that three companies of Adani Group namely Adani Green Energy, Adani Transmission, and Adani Enterprises have been merged with International Holding Company of Abu Dhabi.
The transaction of investment of INR 15,400 crores being received from eye agencies has been completed. This transaction has also affected the business relationship between India and UAE. In fact, this deal accounts for 4.87% of the total trade between the UAE and India. There has been a business of $41 billion in both countries in 2021. Let us tell you that this business has been separate from the deal business.
The year 2022 was a great year for the Adani Group companies. The result of this has been the investment of IFC, Abu Dhabi's National International Holding Company made huge investments in three companies of the Adani Group. This investment was about two billion dollars, which was something like this. In this, Adani Green Energy invested INR 3,850 crores.
INR 3,850 crores were invested in Adani Transmission and Adani Enterprises made an investment of INR 7,700 crores. In this, the maximum investment has been made in the state itself, Adani Group, a company of Adani Group, and the market capitalization of others are about ₹2.4 crores. While two editions of Adani Transmission and Adani Green Energy ₹8 lakh and three additional ₹6,00,000 crore.
As far as the fund is concerned, the company will use the fund for the growth of the company. Also close to improving the company's balance sheet. Apart from this, the fund will be used for the rest of the corporate work. The MD of International Holding sees the potential for long-term investments in India. India is currently developing very fast in the green energy sector. That's why they are investing in India.
At present, Adani Green Energy has a project portfolio of 13,990 MW, while it has an under-construction asset of 20,284 MW. Apart from this, Adani Green Energy wants to complete the capacity of 25 GW by the year 2025. Whereas by the year 2030, it is running with a target of 45 GW of energy capacity. Overall, the Adani Group has been placing big bets on sustainability and structure, green energy, and energy transmission.
Gautam Adani surpasses Warren Buffett to become the 5th richest person in the world:
Adani Group Chairman, Gautam Adani has reached number five, making a huge jump in the list of the world's richest person. Adani has also left Warren Buffett behind in terms of wealth. Gautam Adani's wealth has increased with the speed of the rocket. According to Forbes' Real-Time Business List, on Monday, Adani's net worth has been estimated at $122.2 billion. Whereas Warren Buffett's net worth stood at $121.7 billion.
Adani's net worth due to the rise in the shares of Adani Group, his net worth has been increasing continuously this year. In the last month, there has been a spectacular rise in the shares of Adani Group. Shares of Adani Green Energy rose 46% in 30 days. Adani Enterprises stock has gained 20% in 30 days. The share of Adani Ports is up 16% Adani Power's share is up 79%.
Similarly, the price of Adani Total Gas has gained 13%, Adani Transmission has gained 8% and Adani Wilmar's shares have gained 66% in 30 days. Gautam Adani's net worth has increased by $40 billion so far this year due to the rise in stocks. He has left behind Mukesh Ambani a lot in terms of wealth. Gautam Adani is ranked fourth in the Forbes Real-Time Business list with a net worth of $122.2 billion, while Mukesh Ambani is ranked ninth with a net worth of $8 billion.
In this way, the wealth of Gautam Adani has exceeded that of Mukesh Ambani by $20 billion. Gautam Adani is called the infra team of the country. He has diversified his business a lot over the years. Adani's focus on clean energy has also increased rapidly. Adani Green Energy is included in the world's top company in terms of making energy from solar. Recently listed Adani Wilmar's performance has also been very good. Ever since this company has been listed, the share price of this company is increasing.
Adani Wilmar is also benefiting from the rise in palm oil prices. That is, at present Gautam Adani is the only person who is included in the five big riches of the world. Mukesh Ambani, chairman of Reliance Industries, is the richest person in Asia, but how long they will the richest last? It is difficult to say because India's second-richest businessman Gautam Adani can leave behind Mukesh Ambani at any time in terms of wealth.
Adani has now reached very close to Ambani in terms of wealth. According to the Bloomberg Business Index, the total net worth of Mukesh Ambani is $89.7 billion i.e. about ₹ 6.68 crores, while the total net worth of Gautam Adani is $89.1 billion i.e. about ₹ 6.64 crores. Actually, this situation has been created due to the fall in the shares of Reliance Group and the strength in the shares of Adani Group.
According to the information, on Wednesday, Mukesh Ambani's wealth decreased by an additional $3 billion i.e. about ₹ 2,841 crores, while Gautam Adani's wealth increased by $375 million i.e. about ₹2,795 crores. Despite this, Mukesh Ambani is sitting on the rank of the richest person in Asia and second in the world, while Gautam remains the second- richest person in Asia and the third richest person in the world, just behind Adani Ambani.
Let us tell you that there were reports in many media reports yesterday that Gautam Adani has left behind Mukesh Ambani, but according to the Bloomberg report, it is clear that Gautam Adani is still behind. Bloomberg updates the index on a daily basis and its reports are considered authentic. As far as the move of the shares of Reliance and Adani Group is concerned, the shares of Reliance Industries, the flagship company of Brian Group, closed 6.36% higher at ₹2501 on the BSE today.
On the other hand, out of the six companies listed in the Adani Group's stock market, Adani Power closed at 105 with a gain of 0.76%. Adani Ports closed at 764 with a gain of 0.12 %. Adani Green Energy closed at 1404 with 0.95%. Adani closed in 1768 with 0.79 %. Adani Transmission is closed at 2033 with 5% and Adani Total Gas is closed at 1,672 with 0.98%.
At the same time, the crown of the world's richest people is Elon Musk and on the other hand, and he was once the richest person in the world. Jeff Bezos is second. Apart from this, the CEO of Media i.e. Facebook owner Mark Zuckerberg is currently running out of the top five. Looking at the figures, Warren is at number one with $304 million. When Bezos is second with $205 billion. Boulder note is second with $170 billion.
Bill Gates is in the fourth position with $139 billion and Larry Page is in the fifth position with $130 billion. At present, Gautam Adani is behind Ambani, but for how long will he be behind. Nothing can be said about this. Or else Mukesh Ambani is able to maintain his kingship. It has to be seen and the time to come will tell us this soon. Gautam Adani is the name that earned the most money in the past. In the year 2022, Gautam Adani left behind the big businessmen of the world in terms of earnings.
Due to this, today Gautam Adani has become the second-richest person not only in the country but in Asia. Mukesh Ambani, chairman of Reliance Industries, has more wealth than Gautam Adani in the country and the claim is constantly working to take his business to new heights. Major companies from all over the world will invest in the Adani Group. And now another name has been added to it.
Adani Green Energy Limited has signed a big deal with SoftBank of Japan and Bharti Group of India. Under this, the company has acquired SB Energy, a subsidiary of Soft Bank Group. This deal was completed for $3.5 billion i.e. about ₹ 25,000 crore. This will add 4954MW of capacity to Adani's renewable energy portfolio. It is believed that this is the biggest deal in the history of India's renewable sector. Earlier, India's energy sector was the largest.
It was in the year 2016, when Tata Power bought the energy assets of Welspun Renewables Energy Pvt Ltd for about ₹ 10,000 crores. Adani Energy bought this company from SoftBank Group and Bharti Group. Adani green also acquired SoftBank Group's 80% stake in Energy and 20% of Bharti Group. Gautam Adani, Chairman, of Adani Group has said that the wealth created by SoftBank and Bharti Group is phenomenal, and the company is proud to take its legacy forward.
He said that this deal is another step in the direction of our vision set out in January 2020. With this, we are planning to become the world's largest solar company by 2025, and then the world's largest paying company by 2030. Adani Group will add 4954MW from this deal. The company's portfolio includes solar wind and solar wind hybrid projects. Of these, 1400 MW projects are operational, while work on the rest is in progress.
25 years power purchase agreement after all the projects. With this deal, the capacity of Adani Group has increased to 24,300MW. With this deal, SB Energy will be exited from the Indian market. Such energy will consider selling its portfolio for about two years. Let us tell you that Adani Green Energy has made investors rich in the last year. Shares of Adani Green have given investors a return of 965% in one year.
Adani green also became the company with the highest market cap in the Adani Group. Many big countries of the world, including many big power projects in the country near Adani Green, use wind and solar energy. In India too, the government is emphasizing the use of solar energy. Wind and solar are being considered the energy of the future. This is the reason why Gautam Adani is constantly emphasizing further strengthening his company.
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