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Adani Group plans to invest USD 15-20 billion annually over the next five years to fuel its next growth phase, Chairman Gautam Adani announced at the group's AGM. The company aims to reach 100 GW power capacity by 2030 across renewables and conventional sources, while also expanding in ports, airports, data centres, cement, gas, and energy. Despite scrutiny from US authorities, Adani assured investors of strong financials, reporting INR 2.71 lakh crore in revenue and an 8.2% rise in EBITDA. Key projects include the 50 GW Khavda renewable park, smart metering initiatives, Navi Mumbai Airport, and the transformative Dharavi redevelopment project.
The Adani Group is set to invest between USD 15-20 billion annually over the next five years, signalling a bold step towards its next growth phase. Chairman Gautam Adani disclosed the investment strategy while addressing shareholders virtually during the group's annual general meeting, asserting that the company's balance sheet remained robust despite recent scrutiny by US authorities. Advertisement
Adani stated that the conglomerate aims to scale its power generation capacity to 100 gigawatts by 2030, spanning both renewable and conventional sources. He said the group would use its record earnings to fund expansive growth across verticals, ranging from ports and airports to green energy, data centres, cement, gas, and electricity.
Touching upon the recent US indictment related to a bribery scheme to obtain renewable energy contracts, Adani clarified that no individual from the group had been charged under the US Foreign Corrupt Practices Act or with obstruction of justice. He emphasised that true leadership is defined during crises, not comfort, referring to the previous year's investigation by US authorities concerning Adani Green Energy.
To restore market confidence, the group implemented damage control through debt reduction, decreasing pledged shares, infusing equity via promoters and marquee investors, and sharpening focus on core operations. It has since bounced back, posting record earnings and a rebound in stock value.
Adani reported consolidated revenue growth of 7%, an 8.2% rise in EBITDA, and a healthy net debt-to-EBITDA ratio of 2.6x. Total revenues stood at INR 2,71,664 crore with adjusted EBITDA at INR 89,806 crore.
He added that the group's mission is not merely to build businesses but to contribute meaningfully to India's progress, focusing on value creation rather than just valuation. The projected annual capital expenditure would break records, as Adani described the investments as commitments towards building India's infrastructure future.
Among key sectoral achievements, Adani Power surpassed 100 billion units in generation and is on course to reach 31 GW capacity by 2030. Adani Green is developing the world's largest renewable energy park in Khavda, Gujarat, targeting 50 GW capacity by the end of the decade.
Combined with thermal and hydro projects, the group anticipates reaching the 100 GW target within five years. In the transmission space, Adani Energy Solutions secured nearly INR 44,000 crore worth of orders and is executing INR 13,600 crore in smart metering projects.
Adani Airports managed 94 million passengers in FY25 and successfully conducted the first test flight at the Navi Mumbai Airport, which is scheduled to open later this year with an initial capacity for 20 million passengers.
The group has also launched gigawatt-scale, renewable-powered data centre campuses in multiple states. Its city gas arm, Adani Total Gas, now caters to one million piped natural gas users and operates 3,400 EV charging stations across 22 states.
One of its most impactful undertakings is the Dharavi redevelopment project, touted as India's most ambitious urban renewal initiative. Adani highlighted that over a million residents are expected to be relocated from narrow alleys to a modern township featuring dual-toilet homes, open spaces, schools, hospitals, transit hubs, and parks.
Source - PTI
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