Adani Enterprises announces ₹80,000 crore investment plan for FY25
Adani Enterprises, the principal company of the Gautam Adani-led group, has unveiled plans to invest ₹80,000 crore across its varied businesses in the current fiscal year. The firm's interests span from new energy to airports as well as data centers. Saurabh Shah, Deputy Chief Financial Officer at Adani Enterprises, disclosed this investment strategy during an analyst call.
Major investment allocated to ANIL and airports business
Shah revealed that a significant portion of the investment, approximately ₹50,000 crore, will be directed toward Adani New Industries Ltd (ANIL) and the airports business. ANIL is involved in producing green hydrogen and manufacturing solar modules that convert sunlight into electricity. The remaining capital expenditure will be distributed among other sectors within the company's diverse portfolio.
Investment breakdown for roads, PVC project, and data center
Shah further detailed the investment breakdown, stating that the roads sector will receive a capital expenditure of ₹12,000 crore, due to the Ganga Expressway project. The PVC project is set to receive a capex of about ₹10,000 crore. Additionally, the data center will be allocated approximately ₹5,000 crore from the total investment fund for FY25.
Adani's future plans for green hydrogen business
Shah also discussed the company's future plans for FY26, stating that "the other capex would be for the initial requirements that we have to meet for our green hydrogen business." Adani Group has already started commercial production of wafer and ingots, essential components in making solar cells and modules, at its factory in Gujarat. The group aims to become India's first integrated renewable energy player by producing polysilicon by 2027-28.
