Adani Group to raise $4 billion to fund green hydrogen plans
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Billionaire Gautam Adani's Adani Group is seeking to secure up to $4 billion in funding to establish manufacturing facilities for affordable green hydrogen. Adani New Industries Ltd, a fully owned subsidiary of Adani Enterprises Ltd, will spearhead the fundraising efforts, engaging in preliminary discussions with various domestic and international banks. A timeline for the same has not been disclosed.