Adani Group plans to deploy over USD two billion from the divestment of its 44 percent stake in Adani Wilmar to three key segments - airports, green hydrogen, and new ventures, with a major share directed towards airport infrastructure.
Approx. USD 1-1.2 billion will be used to expand and acquire airports, including upgrades under concession agreements with the Airports Authority of India (AAI) and the Navi Mumbai International Airport (NIAL), which is expected to become operational this year. Additionally, funds are set aside for bidding on modernisation projects for other airports. Another USD 300-500 million is earmarked for the Group’s green hydrogen project under Adani New Industries.
The project aims to establish a green energy ecosystem with a production capacity of one MT annually by FY27, scaling to three MT over the next decade. The remaining funds will support new initiatives under Adani Enterprises, including ventures in the digital space, aligning with the group’s strategy to focus exclusively on infrastructure while exiting non-core businesses.
Last week, Adani Enterprises announced its exit from Adani Wilmar, a joint venture with Wilmar International. The 44 percent stake is valued at over USD two billion. In FY25 so far, the Adani Group has spent USD nine billion on capital expenditure, with the year-end forecast exceeding USD 15 billion. This includes investments by Adani Enterprises, Adani Green Energy, Adani Power, and Adani Cements.
This strategic reallocation reflects the Adani Group’s commitment to expanding its infrastructure footprint while advancing its green energy goals and exploring emerging opportunities in the digital domain.