Adani Group Announces Annual Greenfield Infrastructure Capex of Rs 2 Lakh Crore

Adani Group Announces Ambitious Five-Year Infrastructure Development Plan

Rs 10 lakh crore will be invested by the Adani Group over the next five years to develop greenfield infrastructure, as announced by Karan Adani, group scion and head of ports and cement operations.

The investments will span core businesses, including:

• Renewable Energy: Reaching a capacity of 50 GW by 2030, with a total expenditure of Rs 1.94 lakh crore
• Thermal Power: Expanding capacity to 42 GW by FY32, with potential capex spends of over Rs 2 lakh crore
• Ports: Doubling cargo handling capacity to 1.2 billion tonnes per annum by 2030, from the current 600 million tonnes
• Airports: Increasing passenger handling capacity from 100 million to 200 million by 2030
• Cement: Expanding capacity to over 150 MTPA, with a corporate restructuring plan to streamline operations

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Adani Green Energy Ltd (AGEL) will receive significant investments annually, operating large-scale renewable energy parks across India, including the largest one at Khavda in Gujarat.

Adani Ports and Special Economic Zones (APSEZ) will double cargo handling capacity, while maintaining adaptability to changing trade patterns. The company operates 14 major ports and terminals in India, including Mundra Port and Vizhinjam transshipment port, as well as overseas operations in Israel.

Adani Power and Adani Energy Solutions will also receive significant investments, with capex spends of over Rs 2 lakh crore and Rs 1.57 lakh crore, respectively, to expand capacity and transmission networks.