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24th on the Forbes’ 2023 Billionaires’ List, Gautam Adani is the chairperson of the Adani Group which has interests in power generation and transmission, ports, airports, and green energy, among other things. Starting as a commodities trading company in 1988, the Adani Group grew through acquisitions and with the backing of Indian Prime Minister Narendra Modi.
In addition to running the largest airport in India, Adani also owns and operates Gujarat’s Mundra Port.
Here’s a list of companies owned by the Adani Group:
Adani Enterprises
Adani Enterprises is the most significant division of the Adani business. It is a holding company that focuses on the independent mining and trading of coal and iron ore. It also acts as an incubator for Gautam Adani’s numerous other startup companies. Adani Wilmar (food processing), Adani Airport Holdings (airport operations), and Adani Road Transport (road development) are the three primary subsidiaries of Adani Enterprise.
Gautam Adani has various other business interests, which are listed through its other subsidiaries under Adani Enterprise. This covers the production of solar PV modules, data centres, water infrastructure, agri-output storage and distribution, bunkering, rail and metro infrastructure, financial services, real estate, oil exploration, petrochemicals, and cement, as well as defence and aerospace.
Adani Green Energy
Adani Green Energy is one of Gautam Adani’s other significant companies on this list. It is the group’s division for renewable energy. Its portfolio includes solar and wind power plants. It should come as no surprise that Adani Green Energy is, in terms of capacity, the largest solar power developer in the world. They generate 12.3 GW in total capacity. Three additional subsidiary companies that were founded in 2022 further expand this. Adani Renewable Energy Thirty-Six Limited, Adani Renewable Energy Forty Limited, and Adani Renewable Energy Forty-Seven Limited are the new companies.
Adani Ports & SEZ
Additionally, the Adani chairperson developed Adani Ports & SEZ (APSEZ) and increased the company’s port operations. This is India’s largest special economic zone and private port company. Ten ports and terminals located in Dhamra, Odisha; Kattupalli, Tamil Nadu; Vizhinjam, Kerala; and Mundra, Dahej, and Hazira, Gujarat are included in this business. The largest port of all is Mundra Port. As CEO of APSEZ, Karan Adani, the businessman’s son, oversees all operations. Port administration, logistics, and the special economic zone are among the activities conducted at APSEZ.
Adani Power
Adani Power was founded in 1996 and develops and maintains power projects. With a total installed capacity of 12,450 MW, it is the biggest power generation company in the private sector in the nation. In India, the company is working on four thermal power projects.
Adani Transmission
Adani Transmission is the next company on Gautam Adani’s list of owned businesses. The company was established in 2013 and is responsible for the commissioning, upkeep, and operations of electric power transmission systems. The data indicates that it is the biggest power transmission and distribution network in the private sector in India. As of May 2021, 17,200 circuit kilometres of transmission lines with voltages ranging from 400 to 765 kilovolts are maintained, managed, and sustained by the company.
Adani Total Gas
Adani Total Gas is a joint venture between the Adani Group and TotalEnergies, a French oil and gas company, that serves both industrial and residential customers in India. The service is offered by a city gas distribution company through compressed natural gas stations and piped natural gas connections. As of November 2020, it was present as a stand-alone entity in 22 geographical areas (GAs). Indian Oil-Adani Gas Pvt. Ltd. is a joint venture between Adani Total Gas and Indian Oil Corporation. In 19 GAs, it runs city gas distribution networks. When combined with its other business, Adani Total Gas is present in 74 districts with 41 GAs. It is now India’s biggest city gas operator.
Adani Wilmar
Adani Enterprises and Wilmar International, proprietors of the Fortune brand of edible oils, merged to form Adani Wilmar (AWL). The business bought the “Kohinoor” brand from McCormick Switzerland GMBH in May 2022.
In addition to overseeing several businesses, business magnate Gautam Adani is passionate about giving back to the community. To combat the COVID-19 pandemic, the company gave INR 100 crore (about US $13 million) to the PM CARES Fund in 2020. They also donated to the Maharashtra CM Relief Fund and the Gujarat CM Relief Fund. Additionally, the COVID-19 vaccination costs incurred by the staff members and their families were reimbursed by the company.
