{"id":598586,"date":"2023-08-19T16:09:49","date_gmt":"2023-08-19T10:39:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=598586"},"modified":"2023-08-19T16:09:49","modified_gmt":"2023-08-19T10:39:49","slug":"not-in-talks-with-taqa-for-their-investment-says-adani-energy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/not-in-talks-with-taqa-for-their-investment-says-adani-energy\/","title":{"rendered":"Not in talks with TAQA for their investment, says Adani Energy"},"content":{"rendered":"<p>Adani Group issued a clarification stating its group company Adani Energy Solutions, erstwhile Adani Transmission, is not in discussion with Abu Dhabi National Energy Company PJSC ( TAQA) for any investment.<\/p>\n<p>ET in its Friday edition reported TAQA is in discussions with the promoters of the Adani Group to evaluate an investment of $1.5-$2.5 billion in the group&#8217;s power transmission and distribution business.<\/p>\n<p>&#8220;The company is not engaged in talks with TAQA for their investment in the company,&#8221; Adani Energy Solutions said in an exchange notification on Friday.<\/p>\n<p>TAQA told Bloomberg news that there is &#8220;no truth&#8221; in the news.<\/p>\n<p>Following the report, Adani stocks reacted sharply. Adani Energy Solutions moved 8.72%; while Adani Power moved 12% and Adani Green Energy jumped 10% in intra-day trade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Group issued a clarification stating its group company Adani Energy Solutions, erstwhile Adani Transmission, is not in discussion with Abu Dhabi National Energy Company PJSC ( TAQA) for any investment. ET in its Friday edition reported TAQA is in discussions with the promoters of the Adani Group to evaluate an investment of $1.5-$2.5 billion in the group&#8217;s power transmission and distribution business. &#8220;The company is not engaged in talks with TAQA for their investment in the company,&#8221; Adani Energy Solutions said in an exchange notification on Friday. TAQA told Bloomberg news that there is &#8220;no truth&#8221; in the news. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-598586","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/598586","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=598586"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/598586\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=598586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=598586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=598586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}