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adani-group-reveals-usd-14-billion-investment-plan-for-fy25-emphasizing-green-energy-and-infrastructure

Economy

Adani Group reveals USD 14 billion investment plan for FY25, emphasizing green energy and infrastructure

   Notably, the conglomerate's ambitious plan includes the development of the world's largest renewable park in Gujarat, covering an expansive area of over 530 square kilometers. In addition, with a portfolio boasting 8 airports, including the upcoming Navi Mumbai airport, and 14 domestic ports, Adani is positioned to solidify its position as a key player in these critical sectors vital for India's economic growth and connectivity.

- Mumbai - UPDATED: March 19, 2024, 01:32 PM - 2 min read


The Adani Group, a prominent figure in India's infrastructure sector, has set forth an ambitious investment blueprint for the fiscal year 2025. Sources familiar with the matter reveal that the conglomerate plans to invest a staggering USD 14 billion, marking a significant 40% increase from the previous fiscal year's investment.

 

A substantial portion of this mammoth investment, more than 70%, will be channeled into green energy initiative. 

 

The remainder of the funds will be directed towards bolstering Adani's rapidly expanding Airports and Ports businesses, further enhancing the nation's transportation infrastructure. This strategic allocation of resources is set to fuel exponential profit growth, leveraging the burgeoning demand in key sectors vital for India's economic development.

 

 Adani's portfolio reported a remarkable 63.6% year-on-year growth in Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) during the December quarter. This stellar performance propelled its twelve-month EBITDA to an unprecedented high of USD 9.5 billion (INR 78,823 crore) in CY23, underscoring the robustness of its business strategy and financial management.

 

The conglomerate's investment vision extends beyond the immediate fiscal year, with plans to commit a staggering USD 100 billion over the next 7-10 years. This monumental investment commitment will play a transformative role in reshaping India's energy and transportation landscape, with flagship projects such as the Navi Mumbai Airport, Ganga Expressway, and the world's largest renewable park at Khavda, Gujarat.

 

 Notably, the conglomerate's ambitious plan includes the development of the world's largest renewable park in Gujarat, covering an expansive area of over 530 square kilometers. In addition, with a portfolio boasting 8 airports, including the upcoming Navi Mumbai airport, and 14 domestic ports, Adani is positioned to solidify its position as a key player in these critical sectors vital for India's economic growth and connectivity.

 

The conglomerate's robust financial performance and prudent financial management have laid a strong foundation for continued growth and investment in green initiatives, while setting the stage for it's unrivaled 'Green Investment'

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