Adani, founder and chairman of Adani Group, who fell to No. 2 on this year’s list of India’s richest, pushes ahead with redevelopment, renewable energy projects.
Indian billionaire Gautam Adani s property unit has formed a joint venture with Mumbai s slum rehabilitation authority to redevelop the Dharavi, one of Asia s largest slums. The formation of the entity, Dharavi Redevelopment Project Pvt Ltd, is a critical step as Adani faces a legal challenge from a rival bidder, SecLink Technologies Corporation. The next step will be the submission of a master plan by the Adani group, which won the Dharavi rebuilding project in July for $610 million.
Indian billionaire Gautam Adani s property unit has formed a joint venture with Mumbai s slum rehabilitation authority to redevelop the Dharavi, a key step towards rebuilding one of Asia s biggest.
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