Adani plans ₹2 trillion capex for 45GW expansion
pre-market1 source ↓written by the desknot a recommendation
- capital expenditure
- ₹2 trillion
- of power capacity
- 45GW
- of nuclear power
- 10GW
- and targets
- 2035
- in ports
- 1 billion tonnes
Adani Enterprises plans a ₹2 trillion capital expenditure to add 45GW of power capacity over the next five years. The company aims for 10GW of nuclear power by 2035 and targets 1 billion tonnes in ports by 2030. An analyst initiated coverage with an Overweight rating and a target price of ₹3,638, suggesting a 23% upside from current levels.
Not investment advice. For informational purposes only.