The Adani group plans to invest up to 1.3 trillion in 2024-25 (FY25) to expand its capacity across its portfolio companies and will raise up to $3 billion (25,000 crore) in equity this financial year to fund the projects.
Among its portfolio companies, Adani Green Energy will invest ₹34,000 crore to expand its facilities in Gujarat's Khavda, said Adani Group Chief Financial Officer Jugeshinder 'Robbie' Singh here on Tuesday.
EXPANSION TARGET
■Adani Green Energy will invest ₹34,000 crore to expand its facilities in Gujarat's Khavda
■Plans to refinance debt worth $3-4 billion in FY25
■To raise another $1 bn via other debt instruments
■Group CFO says conglomerate earning $7 billion of free cash flow every year
Bu hikaye Business Standard dergisinin June 26, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin June 26, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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