New Delhi:

The Adani Group on Saturday clarified on reports of Kenya cancelling more than $2.5 billion in deals after the US’ allegations, saying it had not entered into any binding agreement to operate Kenya’s main airport.

On the pact it had signed last month to build and operate key electricity transmission lines in Kenya for 30 years, the group said the project did not fall within the ambit of SEBI’s disclosure regulations, thereby not warranting any disclosure on its cancellation.

The Adani Group was responding to notices sent by stock exchanges to confirm reports of Kenyan President William Ruto ordering the cancellation of a procurement process that had been expected to award control of the country’s main airport.

The flagship firm Adani Enterprises Ltd, which houses its airport business, in a filing said it had in August this year incorporated a step-down subsidiary in Kenya to upgrade, modernise, and manage airports.

“While the company was in discussion with the relevant authority for the said project, till date neither the company nor its subsidiaries (i) have been awarded any airport project in Kenya, or (ii) entered into any binding or definitive agreement in connection with any airport in Kenya,” the firm said.

Adani Energy Solutions Ltd, the firm that operates power transmission lines, in a separate filing said on October 9 it was awarded the project to construct transmission lines in Kenya. Thereafter, it had incorporated a step-down subsidiary in Kenya.

“We submit that the project does not fall within the ambit of item 4 of Para B, Part A, Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (Sebi Listing Regulations) which requires intimation to be made for any awarding, bagging/ receiving, amendment or termination of awarded/bagged orders/contracts other than in the ordinary course of business,” it said.

It said the award of the project was in the ordinary course of business of the company and its subsidiaries as they are engaged in the business of transmission and distribution of energy (among other things).

“Consequently, any cancellation of such Project will also not fall within the ambit of item 4 of Para B, Part A, Schedule III of the Sebi Listing Regulations,” it added.

Adani Energy Solutions Ltd had last month signed a project agreement with the Kenya Electricity Transmission Company Ltd (Ketraco) for developing three transmission lines and two substations.

(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.)

New Delhi:

Adani Airport Holdings Limited (AAHL), India’s largest private airport operator, and global tech leader Thales, have announced a strategic collaboration aimed at revolutionising airport operations and enhancing passenger experience across India. Thales will provide integrated solutions focused on three core areas: smart airport security, biometric passenger journey, and operational efficiency.

Since early 2024, Thales has deployed its Fly to Gate biometric system at seven AAHL airports, offering touchless, facial recognition-based ID verification, drastically reducing the need for physical documents and cutting passenger processing times by up to 30%. The system, aligned with the government’s DigiYatra initiative, enhances security while simplifying travel.

“We are delighted to strengthen our partnership with Adani Airport Holdings Limited to bring innovative technology solutions to revolutionise airport operations and the passenger experience in India. Our Fly to Gate biometric solution for DigiYatra and the smart Airport Operation Control Centre (APOC) will enable AAHL to streamline operations and also ensure a secure and simplified journey for millions of passengers. Together, we are committed to support India in its vision of becoming the largest aviation market in the world by 2047,” said Ashish Saraf, VP and Country Director for India, Thales.

AAHL has extended the partnership to implement an Airport Operation Control Centre (APOC) across all its airports. This cloud-based platform will centralize operational data, using automation, big data analytics, and AI to boost airport management and security. The APOC will enhance efficiency by predicting resource shortages and streamlining workflows.

The seven airports currently using Fly to Gate technology are Mumbai, Ahmedabad, Guwahati, Jaipur, Lucknow, Mangaluru, and Thiruvananthapuram. This partnership positions AAHL to support India’s goal of becoming the world’s largest aviation market by 2047.

(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.)

Lounges at Adani-operated airports will now accept all major debit and credit cards from other access providers, Adani Airport Holdings Ltd (AAHL) has announced. This comes following Dreamfolks Services’ unexpected suspension of lounge services.

The change ensures that travellers can continue to access airport lounges across India with ease, provided their card issuer supports lounge access, news agency ANI reported. But how does one check if their credit card offers lounge benefits? Here’s a quick guide:

How to Check if Your Credit Card Has Lounge Access:

Check Your Credit Card Benefits Guide: Review the booklet or manual that came with your card, as it lists all perks, including lounge access.