Legal4 Aug 2025, 12:24 pm
Adani Enterprises Denies Rumors of Collaboration with BYD and Beijing Welion New Energy Technology
AI Summary
Adani Enterprises Ltd has categorically denied the rumors circulating about a tie-up with Chinese companies BYD and Beijing Welion New Energy Technology. The report, which appeared on Bloomberg on 4th August 2025, suggesting a partnership for battery manufacturing in India and another form of collaboration is baseless, inaccurate, and misleading, according to the Adani Group. They have clarified that they are not engaged in any discussions with either of the two companies for any kind of partnership.
Key Highlights
- Adani Enterprises has denied the rumors of a tie-up with BYD and Beijing Welion New Energy Technology
- The rumors, which appeared on Bloomberg, suggested a partnership for battery manufacturing in India
- Adani Enterprises clarified that they are not engaged in any discussions with either company
- The rumors have been declared as baseless, inaccurate, and misleading by Adani Enterprises