Jugeshinder “Robbie” Singh, the global chief financial officer of the Adani global, stated in Ahmedabad on Tuesday that the Adani Group intends to invest Rs 1.3 trillion in FY25 to build capacity, of which Adani Green Energy will spend Rs 34,000 crore for its facilities in Khavda, Gujarat.
According to Singh, the airport and the green energy industries will receive the most of the investments. The group’s investments have a low requirement for third-party funding because they are fueled by operating proceeds. In FY24, cash flows earned by Adani Group entities were Rs 82,000 crore.
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According to Singh, the finance strategy calls for the raising of up to $3 billion (Rs 25,000 crore) in equity capital across Adani Enterprises and other group entities. The consent of shareholders has been obtained by Adani Enterprises and Adani Transmission to sell investors’ shares. In FY25, the group intends to refinance $3 billion worth of debt.
The company will begin an initial public offering of its airport business by 2026. It has ambitions to invest $100 billion in the energy transition and infrastructure sectors over the next ten years. Up to 68% of the group’s funding plan will come from cash flow generated internally. “Every target mentioned by the chairman (Gautam Adani) about investment is on track and every penny of investment is tied up,” Singh stated.
The Adani Group generates $7 billion in free cash flow yearly, and nearly 90% of its enterprises comply with rules.
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