This company of Gautam Adani made a big announcement! Plan made of Rs 80 thousand crore, focus will be on these sectors
New Delhi: Adani Group of veteran businessman Gautam Adani is continuously increasing investment in new projects. Now Adani Group’s flagship company Adani Enterprises plans to invest Rs 80,000 crore in various business sectors in the current financial year (2024-25). Adani Enterprises’ business ranges from renewable energy to airports and data centres. A large part of the company’s capital expenditure for financial year 2024-25 will be on renewable energy business and airports. There will be capital expenditure of about Rs 50,000 crore in renewable energy and airport segments. Adani New Industries Limited (ANIL) of this group manufactures solar modules. It converts sunlight into electricity and green hydrogen. Saurabh said that because of Ganga Expressway, we will also invest Rs 12,000 crore in the road sector. The remaining amount will be spent in business sectors.
Made this plan
Saurabh Shah, deputy chief financial officer of Adani Enterprises, said in an analyst call that a major portion of the company’s FY 2024-25 capital expenditure will be on renewable energy business and airports. He said, “We are considering a capital expenditure of about Rs 80,000 crore in 2024-25. A major portion of which will go into…ANIL and airport business. There will be capital expenditure of about Rs 50,000 crore in these areas. Adani New Industries Limited (ANIL) manufactures solar modules that convert sunlight into electricity and green hydrogen. He said, “Then the third part will be of roads. Due to Ganga Expressway, Rs 12,000 crore will be invested in the road sector. The remaining amount will be spent on other business areas.
There is a rise in the stock
He said that we are also going to start our PVC project. In such a situation, Rs 10,000 crore will be invested in PVC business. The remaining Rs 5,000 crore will be spent on data centres. Shah said ANIL is targeting factories to produce 10 gigawatt solar modules as well as three gigawatt wind turbines.
