-19.45 (-0.90%) Adani Enterprises’ wholly owned subsidiary -- Adani Road Transport (ARTL) has incorporated a wholly owned subsidiary namely, Panagarh Palsit Road (PPRPL). The incorporation is to carry out the development, operation, maintenance and management of the project - Six Laning of National Corridor NH-19 from Panagarh to Palsit from km. 521.120 to km. 588. 870 (Total design length 67.750 km) in the State of West Bengal under Bharatmala Pariyojana to be executed on Build-Operate-Transfer (BOT)-Toll basis and to do all necessary and incidental activities in this regard. PPRPL is yet to commence its business operations.
Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.