Adani commits $15-20 billion annual capex over the next five years

Adani group chairman Gautam Adani has reaffirmed Adani Enterprises' ambitions for aggressive expansion, committing to invest up to $20 billion annually over the next five years.

By Connect Gujarat Desk 01 Jun 2025 in Business

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Adani commits $15-20 billion annual capex over the next five years

Adani group chairman Gautam Adani has reaffirmed Adani Enterprises' ambitions for aggressive expansion, committing to invest up to $20 billion annually over the next five years.

“Our capital investment across businesses is set to break all records. We anticipate an annual capex spend of $15–20 billion for the next 5 years,” said Adani, in his annual letter to Adani Enterprises shareholders.

He cited this as a vote of confidence in India’s long-term potential and the group’s ability to align with national priorities.

The company also reiterated its plans to raise ₹15,000 crore via share sale/preferential allotment and sought shareholders’ approval.

The billionaire industrialist addressed head-on the continuing investigations by the US Department of Justice (DoJ) and the Securities and Exchange Commission (SEC) into group firm Adani Green Energy.

In FY25, the group reported a 7 per cent increase in revenue and an 8.2 per cent rise in earnings before interest, tax, depreciation and amortisation (Ebitda).

The net debt-to-Ebitda ratio stood at 2.6x, which Adani described as “healthy.” He also reiterated the group’s resilience in the face of sustained global headwinds.

The Adani group’s flagship firm saw its total income breach the ₹1 trillion mark for the first time, rising 2.1 per cent in the financial year 2024-25 (FY25). It was primarily driven by sustained growth in its incubating businesses.

The ports-to-power conglomerate is also spearheading what it calls India’s most ambitious urban rehabilitation effort through its Dharavi redevelopment project.

#Adani #Business #Business news #India

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