Adani Group's USD 2 Billion Strategic Investment Plan for Airports, Green Hydrogen, and New Ventures
Key Ideas
  • Adani Group to deploy over USD 2 billion from divestment of Adani Wilmar stake towards airports, green hydrogen, and new initiatives.
  • Approx. USD 1-1.2 billion to be used for airport expansion and acquisition, with a focus on Navi Mumbai International Airport and modernization projects.
  • USD 300-500 million earmarked for green hydrogen project under Adani New Industries, aiming for one MT annual production capacity by FY27.
  • Strategic reallocation showcases commitment to infrastructure expansion, green energy goals, and digital ventures alongside exiting non-core businesses.
The Adani Group has unveiled its strategic investment plan involving over USD 2 billion that will be utilized from the divestment of its 44 percent stake in Adani Wilmar. The funds will be allocated to three key segments - airports, green hydrogen, and new ventures, with a significant portion directed towards airport infrastructure. A substantial amount, around USD 1-1.2 billion, will go towards expanding and acquiring airports, including projects with the Airports Authority of India and the upcoming Navi Mumbai International Airport. Additionally, funds will be used for bidding on modernization initiatives for other airports. A notable USD 300-500 million is set aside for the group's green hydrogen endeavor, aimed at establishing a green energy ecosystem with a targeted annual production capacity of one MT by FY27, scaling up to three MT over the next decade. The rest of the funds will support new ventures within Adani Enterprises, particularly in the digital sector, aligning with the group's infrastructure-focused strategy. This move follows Adani Enterprises' exit from the joint venture with Wilmar International, valuing the 44 percent stake at over USD 2 billion. The Adani Group's capital expenditures for FY25 have already reached USD 9 billion, with a forecast to exceed USD 15 billion by year-end, reflecting a substantial investment in strengthening the group's infrastructure portfolio. This strategic reallocation underscores the Adani Group's dedication to expanding its infrastructure presence, achieving green energy objectives, and exploring opportunities in the digital domain.
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