New Delhi: Adani Group’s flagship firm Adani Enterprises NSE -0.95 % Ltd (AEL) plans to spend about Rs 50,000 crore in capital expenditure over the next five years with a major chunk of it going towards airports business, a top company official said on Wednesday. The Gautam Adani-led group plans to infuse Rs 35,780 crore in its airport business in the next five years, AEL Chief Financial Officer Jugeshinder Singh said.
“For Adani Enterprises for the next five years, the main focus area is airports, roads …the ballpark number over five years we expect …the capex is about Rs 50,000 crore,” Singh said in a post-earnings conference call.
