Business News: Adani Enterprises to Invest Rs 80,000 Cr in the Group’s Solar, Data Center, and Other Divisions

Gautam Adani News: Adani Group’s flagship company Adani Enterprises is planning to invest Rs 80,000 Cr in its business. According to PTI, the company’s deputy chief financial officer Saurabh Shah has said that Adani Enterprises will invest in new energy and airport businesses. Shah has said that around Rs 50,000 Cr of Rs 80,000 Cr will be spent on Adani New Industries Ltd, which makes solar modules that convert sunlight into electricity and green hydrogen. 

Adani Enterprises Investement Plans

A large part of CapEx will also be spent on Ganga Expressway and the rest will be invested in other road businesses. Apart from this, Rs 10,000 Cr will be spent on the new PVC business and Rs 5,000 Cr will be spent on the data center business. Meanwhile, the company is making Greenfield Airport in Navi Mumbai, which is expected to start by FY25. The company has started the production of ingots and wafers used in solar cells and modules in its Gujarat factory.