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Record investment! Adani group to insert $ 15-20 billion in businesses in 5 years; Gautam Adani says ‘Never back in front of storms’

Adani, who ranked Asia as the second best person in Asia after Mukesh Ambani, emphasized that his organization is beyond business development. (AP file photo)

Gautam Adani announced that the Adani Group intends to invest $ 15-20 billion in investment in its various enterprises in the next five years to facilitate its next development phase. He emphasized the group’s strong financial position and strong commercial performance to dismiss the continuous investigation.The adequate benefit generated from ports, airports, renewable energy facilities, data centers, cement production and diverse operations of utilities has established India’s leading infrastructure organization. The mission of the group is beyond the market service to contribute to the development trajectory of the nation.Speaking at the group’s virtual annual general meeting, he addressed recent allegations from US officials about an alleged bribery plan for renewable energy contracts. He clarified that a member of any Adani Group is not accused of conspiracy to obstruct justice under the American Foreign Corrupt Practices Act (FCPA).He said, “Even in front of storms and tireless investigations, the Adani Group has never supported. Instead, we proved that the true leadership has not been created in the sun. It is created in the fire of crisis,” he said according to a PTI report.“This was re -tested last year when we faced allegations related to Adani Green Energy from the US Department of Justice and SEC.”Amidst the controversy, he emphasized that “the fact is that no one from the Adani group has been accused of violating FCPA or plotting to obstruct justice.”He added, “We live in a world where negativity often resonates loudly than the truth. And as we collaborate with legal processes, let me also relax that our rule is of global standards, and our compliance structures are non-circumcision.”In January 2023, a US short-seler, Hindonberg Research released an important report to the Adani Group as “the largest con” in corporate history “. The results were immediate, the share prices were falling rapidly, resulting in the loss of market price exceeding $ 150 billion at its lowest point, and leading to cancel the group’s largest public offer.The group began to overcome through debt reduction, reducing shares with the founder’s pledged shares, gaining investment from both promoters and notable investors, and focusing on core operations. However, the progress was interrupted when US officials alleged that Adani and his colleagues had made improper payments to receive Indian power supply contracts and provided misleading information to American investors during funding activities.The Adani Group has consistently dismissed all the incorrect allegations. The organization continued its commercial attention, which led to adequate recovery in most of its stock values ​​and record-breaking income achievement.Regarding consolidated data, the group maintained 7% revenue growth, 8.2% Ebitda development, healthy net debt-to-ebitda ratio of 2.6X. The total revenue reached Rs 2,71,664 crore with adjusted Ebitda of Rs 89,806 crore.Adani, who ranked Asia as the second best person in Asia after Mukesh Ambani, emphasized that his organization is beyond business development. “Not only to serve markets – but also to serve the fate of our country. Not to pursue evaluation. But construction evaluation – brick by brick. ,The group invests sufficient capital in its operation. “And in this context, our capital investment in businesses is ready to break all records. We estimate the annual Capex expenses of $ 15-20 billion for the next 5 years. These are not only investment in our group, but in our chances of playing our role for the creation of India’s infrastructure.”Regarding operating achievements, the Power Generation Division, Adani Power, exceeding 100 billion units of generation and aims to obtain 31 GW capacity by 2030.Sustainable Energy Division, Adani Green, is building India’s largest renewable energy facility at Khavda in Gujarat, targets 50 GW by 2030.Combined thermal, renewable and pump hydro generation features are expected to reach 100 GW capacity by 2030.Management of Adani Energy Solutions, Power Transmission Division, Smart Metering and High-Woltage Connections, implementing smart metering projects worth Rs 13,600 crore, securing a transmission order of Rs 44,000 crore.Clean Energy Division, Adani New Industries, is developing electrolyzers and manufacturing facilities to produce 10 GW solar modules in the upcoming financial year.Adani ports took over a milestone by handling 450 million tonnes of cargo, while the Group’s natural resource division produced 47 million tonnes of coal and iron ore, with an increase of over 30 percent by FY 26 by FY 26.“Two and a half years ago, when we acquired Holsim’s India cement business, we made a bold commitment-to double our capacity from 140 million tonnes per year by the year 27-28. Today, I am proud to share that we have already achieved 72 percent of that target and crossed 100 million tons of milestones.”The group’s airport division took over 94 million passengers in FY 25 and completed the initial test flight at the newly constructed Navi Mumbai Airport, which was scheduled to start operations with the initial capacity to accommodate 20 million passengers this year.The group of Adani has established large-scale renewable energy-powered data center facilities in various states. Additionally, Adani Total Gas provides services to 1 million pipes of natural gas customers and operates 3,400 EV charging stations in 22 states.“But perhaps our most transformative project is coming out in Dharavi – Asia’s largest slum, which is now being rebuilt as India’s most ambitious urban rehabilitation project,” he said. “More than 1 million people will move from narrow lane to a township, including huge layouts, double toilets, open spaces, schools, hospitals, transit hubs and parks.”He emphasized that the future policy of a country is determined not by documents but by the risks of entrepreneurship taken by its business leaders.“And we must remember history – not for the size of our balance sheet, but for the strength of our spine. Not for the markets recorded by us, but for storms we handled and strongly emerged. Because it is easy to lead in the sun, but the true leadership is tested on the face of the crisis,” he said.

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