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Adani Group’s Investment Plans for Vietnam

As mentioned in the Adani latest updates, the Adani Group, one of the largest Indian conglomerates, has decided to make long-term investments in various business sectors of Vietnam. The conglomerate plans to expand the seaports and logistics sector and wishes to invade the digital and technology sector.

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Adani Group’s Investment Plans for Vietnam

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  1. PAGE 01 Adani Group’s Investment Plans for Vietnam

  2. As mentioned in the Adani latest updates, the Adani Group, one of the largest Indian conglomerates, has decided to make long-term investments in various business sectors of Vietnam. The conglomerate plans to expand the seaports and logistics sector and wishes to invade the digital and technology sector. This will have a huge role in boosting Vietnam’s economy and supporting Adani Group’s diversification journey.

  3. The Upcoming Investments by the Adani Group: The Vietnam Government has recently made it evident that the Adani Group is planning on making a 3 billion USD investment in the seaport ecosystem and the country’s solar and wind energy projects. Adani Group’s investments mainly focus on three strategic breakthroughs: developing human resources, perfecting the institutions, and building enhanced infrastructure. Adani Group will effectively utilise all its resources domestically and internationally to promote its business activities in Vietnam.

  4. The Development of the Wind and Solar Power Projects: The Adani Group has already commissioned solar and wind power plants in Vietnam. These are the Adani Phuoc Minh Wind Power Plant and the Adani Phuoc Minh Solar Power Plant. As per Adani’s latest updates, Adani Phuoc Minh Wind Power Plant was approved in 2018. The project’s construction began in 2020, and the commercial operation started in October 2021. The plant has a total capacity of 27.3 megawatts (MW). It generates around 80 million kWh of electricity annually, attending to the needs of thousands of people in Vietnam. The wind power plant is a joint venture between Adani and Vietnam’s TSV Joint Stock Company.

  5. Thank You

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