Adani Group on Monday strongly refuted recent media reports suggesting any form of collaboration with Chinese companies BYD or Beijing WeLion New Energy Technology for battery manufacturing or clean energy ventures in India.
In an official filing to the stock exchanges, Adani Enterprises Ltd — the flagship entity of the conglomerate — dismissed the report published by Bloomberg on August 4, 2025, which claimed that the group was exploring strategic partnerships with the two Chinese firms.
“No collaboration being explored,” says Adani Group
“We categorically deny Bloomberg’s report suggesting a tie-up between the Adani Group and Chinese companies BYD and Beijing Welion New Energy Technology. This report is baseless, inaccurate and misleading,” the company said in its statement.
The group clarified that it is not exploring any form of collaboration with BYD for battery manufacturing in India, nor is it in discussions with Beijing WeLion for any kind of partnership.
Earlier reports had claimed that Adani Group chairman Gautam Adani was personally leading negotiations with BYD executives to explore battery manufacturing opportunities as part of the group’s clean energy expansion.
While denying these alleged collaborations, the group reiterated its commitment to India’s energy transition through its ongoing clean energy initiatives. Adani Group has built a substantial clean energy portfolio across solar, wind, and green hydrogen verticals.
The group is currently expanding its solar module manufacturing capacity to 10 gigawatts (GW) per annum and plans to nearly double its wind turbine production capacity to 5 GW per annum. It is also actively pursuing the development of a facility for manufacturing electrolysers, a critical component used in green hydrogen production.
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