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Deccan Herald
5 days ago
- Business
- Deccan Herald
Adani Group says not exploring tie-up with China's BYD
In a stock exchange filing, Adani Enterprises Ltd, the group's flagship firm, said reports of a tie-up with Chinese companies BYD and Beijing WeLion New Energy Technology are incorrect.
Time of India
5 days ago
- Automotive
- Time of India
Adani Group refutes reports of tie-up with BYD for battery manufacturing
Adani Group on Monday refuted media reports suggesting it was in talks with Chinese companies for battery manufacturing or clean energy technology tie-ups. The group stated categorically that it is not exploring any partnership with BYD or Beijing WeLion New Energy Technology. In a filing to the stock exchanges, Adani Enterprises Ltd, the group's flagship company, said, 'The Adani Group is not exploring any form of collaboration with BYD for battery manufacturing in India. Similarly, we are not engaged in any discussions with Beijing WeLion New Energy Technology for a partnership of any kind.' This clarification comes amid reports that group Chairman Gautam Adani was 'personally heading discussions' with senior BYD executives to manufacture batteries in India as part of the conglomerate's broader clean energy ambitions. While denying any such developments, Adani reiterated its commitment to building a robust clean energy infrastructure. The group has a significant presence across the green energy spectrum, including solar module manufacturing, wind energy equipment production, and green hydrogen. Adani is currently scaling up its solar module manufacturing capacity to 10 gigawatt (GW) per annum and plans to nearly double its wind turbine production capacity to 5 GW per annum. The group is also preparing to set up a facility for manufacturing electrolysers, critical equipment for producing green hydrogen.
India.com
5 days ago
- Automotive
- India.com
Gautam Adani's Company makes BIG revelations about tie-ups with China's…, says reports are…
The Adani Group on Monday clarified that it is not pursuing any partnership with Chinese companies like BYD for battery manufacturing or clean energy technologies. Adani Group On Tie-up With China's BYD In a stock exchange filing, Adani Enterprises Ltd, the group's flagship firm, said reports of a tie-up with Chinese companies BYD and Beijing WeLion New Energy Technology are incorrect. 'The Adani Group is not exploring any form of collaboration with BYD for battery manufacturing in India,' it said. 'Similarly, we are not engaged in any discussions with Beijing WeLion New Energy Technology for a partnership of any kind.' What Were Reports About Adani Group And BYD Partnership? Reports had suggested that group chairman Gautam Adani was 'personally heading discussions' with BYD executives to manufacture batteries in India and extend its push into clean energy. The group has a huge clean energy portfolio – from solar module manufacturing to wind energy equipment and green hydrogen. It is expanding its solar module manufacturing to 10 gigawatt (GW) per annum and nearly double its wind turbine manufacturing capacity to 5 GW per annum. It is also looking to set up a facility to manufacture electrolysers that are used to make green hydrogen. (With Inputs From PTI)
News18
5 days ago
- Business
- News18
Adani Group says not exploring tie-up with Chinas BYD
New Delhi, Aug 4 (PTI) Adani Group on Monday said it is not exploring any tie-up with Chinese firms such as BYD for battery manufacturing and clean energy technology. In a stock exchange filing, Adani Enterprises Ltd, the group's flagship firm, said reports of a tie-up with Chinese companies BYD and Beijing WeLion New Energy Technology are incorrect. 'The Adani Group is not exploring any form of collaboration with BYD for battery manufacturing in India," it said. 'Similarly, we are not engaged in any discussions with Beijing WeLion New Energy Technology for a partnership of any kind." Reports had suggested that group chairman Gautam Adani was 'personally heading discussions" with BYD executives to manufacture batteries in India and extend its push into clean energy. The group has a huge clean energy portfolio – from solar module manufacturing to wind energy equipment and green hydrogen. view comments First Published: August 04, 2025, 13:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
