India, Adani Group
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Dubai-based Emaar Properties has asserted that it will not sell stakes in its Indian entity but the company is considering forming joint venture with big business houses in India including Adani Group
The company has emerged as a formidable coal franchise, holding an 8 per cent share in India's coal capacity and generation, second only to NTPC. The report says, APL's market share is projected to rise to 15 per cent by FY32, supported by a capacity pipeline of 41.9 GW - 2.5 times its current portfolio.