Adani Enterprises, through its subsidiary Kutch Copper (KCL), has formed Praneetha Ecocables (PEL) in partnership with Praneetha Ventures. With KCL holding a 50 per cent stake, the venture will manufacture and market metal products, cables, and wires. The move aligns with Adani’s infrastructure ambitions, leveraging its upcoming copper refinery for supply chain efficiency. Registered in Ahmedabad, PEL was incorporated on 19 March 2025 with a capital of Rs 1 million. Adani Enterprises, the Adani Group's flagship company, is under the leadership of Gautam Adani, who serves as Chairman.