Adani Global Pte has incorporated Adani Energy Resources (Shanghai) with a $2.1 million capital, while Adani Airport Holdings proposes a major upgrade to Nairobi’s JKIA.
Singapore-based Adani Global Pte, a subsidiary of Adani Enterprises, has established a wholly-owned subsidiary, Adani Energy Resources (Shanghai), with a registered share capital of $2.1 million. The new entity, based in Shanghai, China, is set to offer supply chain solutions and project management services. Although Adani Energy Resources (Shanghai) is yet to commence operations, it will be fully owned by Adani Global.
In a separate development, Adani Airport Holdings (AAHL) has proposed a significant upgrade for Nairobi’s Jomo Kenyatta International Airport (JKIA) under the Public Private Partnerships Act 2021. The project includes a new passenger terminal, a second runway, and refurbishment of existing facilities.
This investment is part of Adani’s strategic expansion in Africa, complementing their recent acquisition of a majority stake in Tanzania International Container Terminal Services (TICTS) and an 80 percent stake in Astro Offshore for $185 million.
