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Adani issue clarification amid buzz about $2.5 billion investment by Abu Dhabi's TAQA
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Adani Transmission. Meanwhile TAQA said news of any investment had “no truth".
Adani Group's power and energy businesses, led by billionaire Gautam Adani, include entities like Adani Energy Solutions, formerly known as Adani Transmission, Adani Power and Adani Green Energy. The news sent shares of Adani Energy Solutions up as much as 8.73%, while Adani Power rose over 12% and Adani Green Energy jumped nearly 10%.
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