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Gautam Adani Vies for Projects in Bhutan's 'Mindfulness City' in Overseas Push.

Authors :
Rai, Saritha
Source :
Bloomberg.com; 10/31/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Billionaire Gautam Adani is in talks to invest in infrastructure projects in Bhutan's new 'Gelephu Mindfulness City,' a mega township being built along the country's southern border with India. The Adani Group is discussing setting up solar and hydroelectric plants in the region, which aligns with Bhutan's goal of revamping its infrastructure. The development plan for Gelephu includes renewable energy projects, roads, bridges, a large international airport, and a "dry port," with Adani Ports and Special Economic Zone Ltd. expressing interest in these projects. The initiative reflects Adani's broader strategy of expanding its international footprint, with the conglomerate already involved in infrastructure projects in various countries. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
180634107