The company is currently in talks to invest in the Nairobi airport, which would mark Adani's first international venture in the airport business.
The other new wholly- owned subsidiary Adani Group has incorporated named Adani Energy Resources (Shanghai) Co., Ltd is domiciled in Shanghai, China, said the company in an exchange filing. It is formed to carry out supply chain business and project management services.
Adani Global will 100% share capital in newly incorporated Adani Energy Resources (Shanghai) Co., Ltd.
This move is part of Adani's broader strategy to expand its operations globally.
To recall, in early of last month Adani Airport Holdings Ltd. incorporated a wholly owned subsidiary named Global Airports Operator LLC in Abu Dhabi to handle investment, acquisition, construction, operation, and maintenance of airports outside India.
Nairobi’s Jomo Kenyatta International Airport is a major hub in East Africa. Managing this airport could provide Adani with a strategic advantage in the region, enhancing connectivity and trade routes.
It was in July this year when it was reported that Adani Airport Holdings Ltd. has submitted a proposal to Kenya's government for investing in its main airfield, the Jomo Kenyatta International Airport (JKIA) in Nairobi,
As per media reports, Adani Group is currently in talks to invest in the Nairobi airport. The group currently operates seven airports in India and is set to commission a new airport in Navi Mumbai. If successful, Kenya will be the Adani group's first international foray in the airport business.
By leveraging their experience in managing airports in India, Adani can bring operational efficiencies and innovations to the Kenyan market, potentially setting new standards in airport management.
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