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Adani Power eyes ₹13,000-cr capex in FY26

Financial Express Kochi

|

May 03, 2025

Ramping Up Capacity

- RAGHAVENDRA KAMATH

ADANI POWER IS looking to increase its capital expenditure by over 60% to ₹13,000 crore in the current financial year, as it aims to ramp up its capacity from 17.5 GW to 30.67 GW by 2029-30. In FY25, the company invested ₹8,000 crore.

The Adani Group firm plans to meet its funding requirements through internal accruals on the back of healthy Ebitda, its chief executive SB Khyalia said in an investor call. Group companies Adani Energy Solutions and Adani Green Energy are looking to invest ₹18,000 crore and ₹31,000 crore, respectively, in FY26.

Adani Power posted a net profit of ₹2,649 crore in the fourth quarter of FY25—down 3% year-on-year. Its revenues rose 6.5% year-on-year to ₹14,237 crore from ₹13,364 crore.

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NBBL targets one billion monthly transactions

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Meesho to raise up to ₹5,400 crore through IPO

INDIAN E-COMMERCE PLATFORM Meesho will raise up to %5,400 crore through an initial public offering that will open on December 3, sources said.

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Benchmarks touch lifetime highs

ACCORDING TO Aashish P Sommaiyaa, ED & CEO of WhiteOak Capital AMC, while domestic flows are sustainable, FPI outflows are abating and there are early signs of change.

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Private telcos flag gaps in DPDP Rules

THE CELLULAR OPERATORS Association of India (COAI), which represents the three private telcos in the country, has said that several areas in the Digital Personal Data Protection (DPDP) Rules, 2025 require clearer articulation to support smoother and industry-aligned compliance.

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