Adani Enterprises plans to spend Rs 50,000 crore in capex in next 5 year
5th Nov 2020

Adani Enterprises is planning to spend about Rs 50,000 crore in capital expenditure (capex) over the next five years with a major chunk of it going towards airports business. The company plans to invest a total capex of approximately Rs 35,780 crore for the airport business in the next five years.

The company had won bids for six airports at Ahmedabad, Mangaluru, Lucknow, Trivandrum, Jaipur and Guwahati. The company took over the operation, management and development of Mangaluru and Lucknow airports on October 31 and November 2, respectively while operations of Ahmedabad airport will be taken over this month.

Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.