Adani Enterprises to invest ₹80,000 crore in new energy, airports, roads, PVC business and data centers in FY2025
Adani Enterprises, the flagship of the group led by billionaire Gautam Adani, which has interests ranging from new energy to airports and data centres, plans to spend ₹80,000 crore in various businesses in the current financial year, a senior company official said. She is making.
A large portion of the capital expenditure planned for fiscal 2024-25 (April 2024 to March 2025) will be on new energy businesses and airports, said Saurabh Shah, deputy chief financial officer, in an analyst call, the copy of which was released by the company. Went. ,
“We are expecting capex of around ₹80,000 crore in FY2025, of which a major part…will go into ANIL and airport business, which will have capex of around ₹50,000 crore,” he said.
Solar modules made by ANIL Adani New Industries Limited produce green hydrogen and electricity from sunlight.
“The remaining funds will be invested in other businesses,” he said. “Then the third part will be on roads, which will be capital expenditure of Rs 12,000 crore due to Ganga Expressway.”
“Since we are also starting our PVC project, there will be capex of around ₹10,000 crore in the PVC business, while the remaining data center will be around ₹5,000 crore.”
Shah said ANIL is targeting factories to produce 10 GW of solar modules as well as 3 GW of wind turbines.
“The additional capital expenditure for fiscal 2026 will go toward meeting the initial requirements for our green hydrogen business, which will serve as a springboard for both green hydrogen and downstream products,” he stated.
Adani Group has started commercial production of wafers and ingots used to make solar cells and modules at its factory in Gujarat. It aims to become India’s first integrated renewable energy player by manufacturing polysilicon in 2027-28.
The group aims to generate 45 GW of renewable energy by 2030, two-thirds of which is being produced at the Khavra Renewable Energy Park in Gujarat.
