News

Published: December 2, 2023
Updated: December 2, 2023

Adani Group's $84 Billion Infrastructure Vision: Six Firms Set for Global Bond Markets:

Charting an ambitious course, the Adani Group unveils plans for six portfolio companies, including Adani Green Energy, Adani Ports & SEZ, and Adani Power, to tap into both domestic and global bond markets. This move aligns with the group's commitment of $84 billion for transformative infrastructure investments over the next decade.

Strategic Expansion: Diverse Companies Take Center Stage:

Adani Group's strategic expansion unfolds as key entities prepare to access financial markets globally. Adani Airports and Adani Roads, operating under Adani Enterprises Ltd, join the league of companies poised for a financial spotlight.

Massive Commitment: $84 Billion Allocated for Infrastructure:

Highlighting a monumental commitment to nation-building, the Adani Group earmarks an unprecedented $84 billion for infrastructure investments over the next ten years. This financial commitment underscores the group's dedication to bolstering critical sectors that drive India's growth.

Funding Strategy: Global Markets at the Forefront:

Jugeshinder Singh, Adani Group's CFO, details the funding strategy, emphasizing a substantial reliance on global markets for long-term funds. With assets boasting lifespans of 30 to 60 years, Singh outlines the necessity for extended durations in infrastructure projects.

Global Scale: 80% Capital from International Markets:

In a strategic move, Singh reveals that 80% of every Rs 100 capital will be sourced from the global capital market, emphasizing the global scale of Adani's ambitions. This approach aims to secure a robust financial backbone for transformative projects.

Balancing Act: Empowering Indian Investors:

While prioritizing global markets, Adani Group recognizes the importance of domestic participation. Currently at 6%, the group targets increasing domestic issuances to 20%, emphasizing the significance of Indian investors contributing to the nation's infrastructure development and wealth creation.

Financial Triumphs: Robust Portfolio Performance:

Underlining recent successes, the Adani Group reports a substantial portfolio-level EBITDA increase to Rs 23,532 crore in the June quarter of 2023-24, marking a remarkable 42% growth on an annual basis. The core infrastructure and utility platform contribute significantly to the total portfolio EBITDA.

Solid Financial Foundation: Maintaining Robust Liquidity:

The group concludes the June 2023 quarter with a cash balance of Rs 42,115 crore, showcasing a solid 4.2% increase from the previous quarter. This financial strength positions Adani Group for sustained success.

Transformative Growth on the Horizon:

Adani Group's strategic move into global and domestic financial markets signals a paradigm shift in India's infrastructure landscape. With an explicit vision, substantial investments, and a balanced funding approach, the group is poised to play a transformative role in shaping the nation's future.