Top 8 companies owned by Gautam Adani
From edible oil to green energy, let’s take a look at all the companies owned by Gautam Adani.
Gautam Adani is India’s richest & world’s fifth-richest businessman. As per the latest data by Forbes, he has a net worth of $120.9 billion. Adani owns India’s largest port in the state of Gujarat, Mundra Port & one of the world’s biggest coal mines in Australia. But what makes him more amazing is that he has achieved all of this in a short amount of time as compared to other entrepreneurs. In the last quarter of FY21, Gautam Adani had made the biggest profit in the world surpassing that of Elon Musk, Jeff Bezos & Warren Buffet.
Adani Group deals in everything from edible oil to green energy.
Let’s take a look at the top 8 companies owned by Gautam Adani:
1. Adani Enterprises Ltd
Adani Enterprises is the most important company in the Adani Group. Headquartered in Ahmedabad, the firm deals in coal mining, airport operations, road, rail and water infrastructure, data centres, hydrocarbon exploration, defence and aerospace, multimodal logistics, and agro commodities.
2. Adani Ports and Special Economic Zone Ltd
Adani Ports & Special Economic Zone (APSEZ) was formerly known as Mundra Port and Special Economic Zone Ltd. It is India’s largest private port operator.
3. Adani Power Ltd
Adani Power Ltd is the energy arm of the Adani Group. It has a capacity to produce 12,450 MW of electricity from thermal power, the company also operates a 40 MW of solar plant in Kutch, Gujarat.
4. Adani Transmission Ltd
Adani Transmission is the largest private power transmission company in India. The company operates more than 12,200 circuit kilometres in the country.
5. Adani Realty
Adani Realty is one of the fastest-growing subsidiaries of the Adani Group. It focuses on the development of commercial & residential projects. Adani Realty operates in only four Indian cities i.e Mumbai, Ahmedabad, Delhi & Kochi.
6. Adani Green Energy Ltd
Adani Green Energy is one of the biggest renewable energy companies in India. The motive is to make India free from fossil fuels & increase its dependency on renewable energy. Currently, the firm supplies clean energy to only government-owned institutions.
7. Adani Total Gas Ltd
Adani Total Gas works on the distribution of Piped Natural Gas (PNG) for industrial & commercial & domestic purposes.
8. Adani Wilmar
Adani Wilmar is India’s largest fast-moving consumer goods (FMCG) company. Gautam Adani launched Adani Wilmar in partnership with the Wilmar Group of Singapore. The company has been recently listed on the stock exchange after it raised Rs 3,600 via initial public offering (IPO).
These were the top 8 companies owned by Gautam Adani. From this list of companies except for Adani Realty all seven companies have a market capitalization of above Rs 1lakh crore.