The Adani Group has unveiled plans to invest INR 60,000 crore in a diverse array of infrastructure projects, spanning green hydrogen, copper smelting, power, transmission, and roads over a five-year period. With funds secured from Indian public and private sector banks, including the State Bank of India, the consortium includes five public sector banks and three private sector banks, with PSBs contributing 56% of total loans. Interest rates range from 9% to 11%, with the majority of funds to be allocated towards the green hydrogen project, showcasing the Group's commitment to sustainable energy. Additional investments target copper projects, transport, logistics, power assets, and coal-to-PVC ventures, reflecting the Adani Group's strategic vision to foster domestic finance and propel India's infrastructure agenda forward for sustainable growth.
The Adani Group plans to invest 60,000 crore in infrastructure projects, including green hydrogen, a copper smelter unit, power, transmission, and road projects, over a five-year period. The funds will be sourced from various Indian public and private sector banks, including State Bank of India.
The consortium backing this endeavour comprises five public sector banks (PSBs) and three private sector banks, with PSBs contributing 56% of the total loans.
Interest rates on the funds range from 9% to 11%, with some funds already secured and the remaining set to be finalised by May. These funds will be utilised over a span of 3-5 years.
This financing marks a milestone for the Adani Group, as less than a third of its outstanding debt, totalling approximately INR 2.65 lakh crore, is owed to Indian lenders. The bulk of the funds raised, approximately INR 24,000 crore, will be channeled into the green hydrogen project, underlining the Group's commitment to sustainable energy initiatives.
Further breakdown reveals that around INR 8,000 crore will be invested in a USD 1.2 billion 1-million-tonne copper project, while INR 10,000 crore will bolster the transport and logistics vertical, with aspirations to position the Group among the top three players in the road business by 2025. Additionally, allocations will be made towards power and transmission assets, as well as a 2-million-tonne coal-to-PVC project in Mundra, with the first phase scheduled to commence in FY26.
The Adani Group's move towards domestic finance is demonstrated by this financing initiative, which also reflects the group's determination to advance India's infrastructure development agenda and create sustainable growth and economic advancement.
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