Adani says Abu Dhabi’s TAQA is not in talks for $2.5 billion investment in power business
Adani Transmission on Friday denied reports Abu Dhabi National Energy Co. PJSC (TAQA) will deploy $1.5-2.5 billion in Adani Group firms or in a single entity.
Earlier today, ET had reported TAQA is looking to double down in India and is evaluating a large exposure in the expansive power businesses of Gautam Adani that span thermal generation to transmission, clean energy and green hydrogen, said people aware of the matter.
