Business Gujarat Headline News Top Stories

APSEZ agrees to acquire 100% of Evos B.V., Europe’s 2nd largest independent liquid storage operator, at an enterprise value of €2.56 bn

Transaction establishes a major European liquids platform for APSEZ, comprising eight port terminals in five countries. Evos is valued at 11.7x CY25 EV/EBITDA Evos delivered CY25 revenue and EBITDA at €392 mn & €219 mn respectively (56% EBITDA margin) Evos has 6.3 mn cubic meters of storage capacity and handled 37 MMT of throughput during […]

Gujarat Headline News Top Stories

Adani Total Gas Limited issued Media Statement on CNG price hike

1 August 2026 : Ahmedabad Adani Total Gas Limited has issued Media Statement on CNG price hike “The revision in CNG prices has been necessitated by a significant increase in natural gas sourcing costs arising from reduced availability of domestic gas, supply curtailments, and elevated global gas prices due to geopolitical issues. Despite these challenges, […]

Business Gujarat Headline News Top Stories

AESL concludes Q1FY27 with solid performance

EBITDA crosses Rs 3,000 crore quarterly mark,ended up58%higher YoY PAT rose by130% to Rs 1,237 crores in Q1FY27 AESL’s Energy Solutions Platform register record performance in Q1 FY27 Q1FY27 Highlights:                     EBITDA rose 58% YoY to a record Rs 3,178 crore, supported by strong growth in the transmission, smart metering, a significant contribution from Energy Solutions […]

Business Gujarat Headline News Top Stories

APSEZ’s marine arm, Astro Offshore in contract with Oceaneering International Inc., for European Subsea Expansion

APSEZ’s marine platform, Astro Offshore, has contracted with Oceaneering International to strengthen its deepwater engineering and offshore execution capabilities in Europe. Astro Offshore is expanding its fleet with the addition of Energy Savanah (to be renamed Astro Atlas) DP2 97-metre multipurpose support vessel —for underwater construction. The contract marks APSEZ’s entry into specialised subsea operations […]