Gautam Adani Unveils Mega Battery Project in Gujarat

Gautam Adani’s Adani Group has announced plan to build India’s largest battery energy storage system in Khavda, Gujarat, scheduled for commissioning by March 2026. The project will have a capacity of 1126 MW/3530 MWh, making it one of the world’s biggest single-location systems.

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Key highlights of the project

• Location: Khavda, Gujarat — part of Adani’s vast renewable energy complex
• Capacity: 1126 MW of power and 3530 MWh of energy storage
• Timeline: Expected completion by March 2026
• Scale: Planned to expand to 50 GWh within five years, positioning India as a global leader in energy storage
• Technology: Advanced lithium-ion batteries with energy management systems for grid reliability
• Infrastructure: Deployment of over 700 battery containers

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Why this matters

• Grid stability: Battery Energy Storage Systems (BESS) help balance intermittent renewable sources like solar and wind, ensuring a stable power supply.
• Renewable push: India is aggressively expanding renewable energy capacity, and large-scale storage is critical to integrate this into the national grid.
• Global standing: One of the largest single-location battery storage facilities worldwide, rivaling installations in the US and China.
• Economic impact: Multi-billion dollar investment that could spur domestic battery manufacturing partnerships, possibly with global leaders like CATL.

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Strategic implications

• Energy security: Reduces dependence on fossil fuels and strengthens India’s clean energy transition.
• Industrial growth: Opens opportunities for local suppliers, technology partners, and workforce development.
• Policy alignment: Supports India’s climate commitments and renewable energy targets under COP agreements.
• Future expansion: Scaling to 50 GWh could make India a battery storage hub in Asia, influencing EV adoption and industrial electrification.

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By 2026, Khavda could become a symbol of India’s renewable future, with Adani positioning himself at the center of the country’s clean energy revolution.

Chairman Gautam Adani’s Statement: 

Energy storage is the cornerstone of a renewable-powered future. With this historic project, we are not only setting global benchmarks but also reinforcing our commitment to India’s energy independence and sustainability.

The Billionaire Shuffle: How the Bloomberg Billionaires Index Has Evolved Over Time

Since its launch in March 2012, the Bloomberg Billionaires Index has become the definitive scoreboard for global wealth. Tracking the fortunes of the world’s 500 richest individuals, it’s more than just a leaderboard—it’s a mirror reflecting the tectonic shifts in technology, luxury, infrastructure, and global finance.

2025 Snapshot: Who’s on Top?

Rank	Name	Net Worth (USD)	Country	YTD Change
1	Elon Musk	$378B	United States	-$54.5B
2	Larry Ellison	$305B	United States	+$113B
3	Mark Zuckerberg	$269B	United States	+$61.5B
4	Jeff Bezos	$243B	United States	+$4.37B
5	Larry Page	$180B	United States	+$11.3B
6	Steve Ballmer	$179B	United States	+$32.3B
7	Sergey Brin	$168B	United States	+$9.98B
8	Jensen Huang	$158B	United States	+$44.1B
9	Bernard Arnault	$151B	France	-$24.9B
10	Michael Dell	$141B	United States	+$17.4B

India’s billionaires continue to make waves:

• Mukesh Ambani ranks #18 with $99.5B, driven by Reliance’s telecom and energy empire.
• Gautam Adani sits at #20 with $79.7B, reflecting a rebound from earlier market turbulence.

A Decade of Billionaire Dynamics

Year	Milestone	Top Billionaire	Total Net Worth (Top 500)
2012	Index launched	Carlos Slim ($65.8B)	~$2.5 trillion
2016	Expanded to 500	Bill Gates, Bezos rise	~$4.3 trillion
2018	Bezos overtakes Gates	~$150B	~$5.5 trillion
2021	Musk tops the list	Tesla boom	~$7.8 trillion
2022	Arnault briefly leads	LVMH surge	~$8.2 trillion
2023	Musk regains lead	Tech rebound	~$9.1 trillion
2025	Ellison surges to #2	Oracle rally	~$9.8 trillion

Trends That Shaped the Index

• Tech Supremacy: From cloud computing to AI chips, tech moguls dominate the top 10. Nvidia’s Jensen Huang is the latest entrant, riding the AI wave.
• Luxury’s Volatility: Bernard Arnault’s fortune soared with LVMH’s global expansion but dipped amid shifting consumer sentiment.
• India’s Billionaire Boom: Ambani and Adani reflect India’s infrastructure and digital transformation story.
• Hidden Fortunes Revealed: Bloomberg has uncovered over 400 previously unlisted billionaires, including Ferrari heir Piero Ferrari and JPMorgan’s Jamie Dimon.

The Great Fallouts

• Bill Gates, once a perennial top-three fixture, dropped out of the top 10 in July 2025—a historic first.
• Gautam Adani faced a sharp decline in 2023 due to short-seller scrutiny and regulatory headwinds.

The Wisdom Index: Billionaire Convictions

Bloomberg’s US Billionaires Investment Select Index tracks the public equity holdings of top billionaires, offering a peek into their long-term investment strategies. It’s not just about wealth—it's about conviction.

What’s Next?

As AI, biotech, and green energy reshape global markets, expect new entrants and dramatic swings. The Bloomberg Billionaires Index isn’t just a list—it’s a living narrative of ambition, innovation, and economic power.

Adani Group Pledges $10 Billion Investment in Vietnam, Eyes Ports, Power & Digital Expansion

In a bold move that underscores its global ambitions, the Adani Group has committed up to $10 billion in long-term investments across Vietnam, spanning infrastructure, energy, logistics, and digital technology. The announcement was made during a high-level meeting between Adani Chairman Gautam Adani and Vietnamese Communist Party General Secretary To Lam in Hanoi.

The investment marks one of the largest foreign commitments in Vietnam’s recent history and signals a deepening of the India–Vietnam Comprehensive Strategic Partnership, originally established in 2016.

Strategic Focus Areas

Adani’s investment blueprint includes:

• Infrastructure: Development of seaports, airports, and transport corridors
• Energy: Renewable and thermal power projects, national grid upgrades
• Logistics: Smart warehousing and supply chain hubs
• Digital Technology: AI-driven platforms, smart city infrastructure, and digital transformation initiatives

The group has already received in-principle approval for a $2 billion deep-sea port project in Da Nang, and is exploring additional ventures such as the Vinh Tan 3 Thermal Power Plant and airport development projects.

Adani has extensive experience in operating large-scale projects across ports, airports, logistics, energy, and digital tech. We are ready to contribute to Vietnam’s development – said Gautam Adani.

Vietnam welcomes Adani’s long-term investment and will provide favorable conditions for its operations,” affirmed General Secretary To Lam.

The Vietnam commitment comes amid Adani’s broader $100 billion domestic investment plan in India, and follows recent setbacks in the US and Kenya due to legal investigations. The move signals a strategic pivot toward Southeast Asia, where Vietnam’s pro-business reforms and digital ambitions align with Adani’s growth trajectory.

Gautam Adani's Net Worth Increased by $5.6 Billion in 6 Days

Indian billionaire Gautam Adani experienced a remarkable surge in his net worth last week. Thanks to the strong performance of Adani Group companies' stocks, his wealth increased by 5.6 billion dollars (₹46,663 crore).

This impressive rebound comes nearly a year after he faced significant losses due to allegations of financial irregularities leveled by the American short-seller Hindenburg. His current net worth stands at 59.5 billion dollars, making him the 20th richest person in the world according to Forbes.

The Adani Group has witnessed a significant surge in its stock prices recently. The flagship firm of the Adani Group, Adani Enterprises, rose nearly ₹240 per share (7.5%) to hit a 16-month high of ₹3,377.50. Reports suggest that it may replace Wipro on the BSE Sensex during the upcoming semi-annual index rejig. The stock of Adani Total Gas zoomed 5.50% on the BSE. Adani Power surged 5.49%. Shares of Adani Green Energy jumped 4.34%. ACC soared 4.17%.

This surge comes after the Adani Group's market capitalization regained the $200 billion mark (₹16.9 lakh crore) and investors reaffirmed their faith in the Conglomerate.

The group’s recovery was driven by the investments made by GQG Partners and Qatar Investment Authority. It also secured a 3.5 billion dollars refinancing loan which boosted investor sentiment in favour of the Adani Group.

Adani To Enter Bhutan To Build 570 Mw Green Hydro Plant

Gautam Adani, Chairman of the Adani Group, recently announced the signing of an agreement with Bhutan for a 570 MW green hydro plant. This collaboration also includes transformative infrastructure initiatives in the neighboring country.

The Adani Group aims to work closely on hydro and other infrastructure projects in Bhutan, inspired by the vision of Bhutan King Jigme Khesar Namgyel Wangchuck and Prime Minister Dasho Tshering Tobgay. Additionally, they plan to contribute to green energy management for Bhutan, which aspires to be a carbon-negative nation.

The project will be located in Chukha province. During his visit to Bhutan, Adani also had the honor of meeting Bhutan's King, Jigme Khesar Namgyel Wangchuck. Adani expressed admiration for Bhutan's vision and commitment to eco-friendly initiatives, including the ambitious masterplan for the Gelephu Mindfulness City, which includes large computing centers and data facilities. This collaboration aims to contribute to green energy management and transformative infrastructure development in Bhutan.

Bhutan has significant solar energy potential. According to the Renewable Energy Management Master Plan, the country could produce up to 12 gigawatts (GW) of solar energy in technical terms. However, the current installed capacity for solar energy, apart from large hydro plants, is only 9 megawatts (MW).

Bhutan's wind energy potential is estimated at 760 MW. While wind energy is still in its early stages, the country is gradually exploring wind power as a complementary source to reduce reliance on hydropower during winter and dry months.

While hydropower remains the dominant renewable energy source in Bhutan, the country is also exploring other options to diversify its energy mix.