Adani Aims $100 Bn Investments in 5 Yrs in Growth Push

The Adani group plans capital expenditure ranging between $15 billion and $20 billion a year over the next five years, billionaire Gautam Adani said, in his first appearance before shareholders since the US Department of Justice indicted him in November.

- Bloomberg

The group, with interests in seaports to power generation, will see a new airport begin operations in a Mumbai suburb later this year, Adani told shareholders at the annual meeting of flagship Adani Enterprises Ltd. on Tuesday. The group will also get a 10 GW integrated solar module plant operational by the next fiscal year, while targeting 100 GW of capacity across thermal and renewable energy by 2030, he said.