The Adani Group plans to invest up to INR 1.3 Trillion in FY25 to expand its capacity across its portfolio companies. Previously, the Gujarat-based conglomerate had allocated around INR 70,000 Crore for capex in FY24.
In FY25, Adani plans to invest nearly 85% of the decided amount in infrastructure and utilities. Among its portfolio companies, Adani Green Energy will invest INR 34,000 Crore to expand its facilities in Gujarat’s Khavda. About INR 7,000 Crore will go into the ports business under unlisted Adani ConneX. Meanwhile, the rest will be used for airports, roads, and energy equipment manufacturing.
Also Read: NHSRCL’s High-Speed Rail (Bullet Train) Projects
The company will fund the capex through a mix of debt and equity, including accruals and capital from promoters. Additionally, Adani plans to raise up to USD 3 Billion (INR 25,000 Crore) in equity this financial year to fund these projects. Furthermore, Adani Airports is also building the Navi Mumbai Airport, which is expected to be completed by early 2025.
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