Adani Enterprises plans Rs 50,000 crore capex in 5 yrs; focus on airports

At least Rs 35,000 crore would be for the airport business and the rest on roads, data centres and other ventures.

Adani Group's flagship company Adani Enterprises Limited (AEL) has drawn a capital expenditure plan of around Rs 50,000 crore for the next five years, aiming to boost its airports, roads, data centre and other businesses. 

Bulk of the planned capex would go behind AEL's airports business where it has not only taken over three of the six airports it bid for but also acquired Mumbai and Navi Mumbai airports. In a post earnings call on Wednesday, AEL chief financial officer Jugeshinder Singh reportedly said that roughly Rs 35,000 crore worth of capex would go behind the airport business over the next