Adani Enterprises to form equal JV with MetTube for copper tubes; divests 50% stake in KCTL

MetTube, part of the diversified Metdist Group, brings decades of experience in producing high-performance copper tubes, while Adani Enterprises has built advanced manufacturing infrastructure in Mundra, Gujarat, including a greenfield copper tube facility under KCTL.
The partnership is positioned to deliver next-generation solutions for the heating, ventilation, and air conditioning (HVAC) industry and contribute toward India’s energy efficiency and carbon reduction goals.Jeet Adani, Whole Time Director, Adani Group, said, “This partnership with MetTube is a strategic leap towards making India self-reliant in copper tube manufacturing. By combining Adani’s infrastructure and operational

excellence with MetTube’s global expertise, we are not just building capacity — we are building capability.”

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The alliance leverages Adani’s forward-integrated copper ecosystem — anchored by its 0.5 MTPA copper refinery project in Mundra — and MetTube’s global manufacturing and marketing expertise.

This synergy will enable scale and speed in copper tube production, besides supporting India’s green infrastructure goals by supplying high-performance copper tubes for HVAC, renewable energy, and smart construction applications.

Shares of Adani Enterprises Ltd ended at ₹2,608.70, down by ₹5.75 or 0.22%, on the BSE.

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