{"id":286765,"date":"2019-08-09T04:31:47","date_gmt":"2019-08-09T04:31:47","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=286765"},"modified":"2019-08-09T04:36:25","modified_gmt":"2019-08-09T04:36:25","slug":"adani-enterprises-commits-rs-10000-crore-capex-for-airports-business","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-enterprises-commits-rs-10000-crore-capex-for-airports-business\/","title":{"rendered":"Adani Enterprises commits Rs 10,000-crore capex for airports business"},"content":{"rendered":"<p>Adani Group&#8217;s flagship firm, Adani Enterprises Limited (AEL) has committed capital expenditure (capex) worth roughly Rs 10,000 crore for its airport business to be incurred over the next 7 years. AEL has also committed an investment of Rs 7,000 crore for coal and mining business during the current fiscal 2019-20. <\/p>\n<p>Part of its &#8220;next set of businesses&#8221;, as stated by Adani Group chairman Gautam Adani, airport management is being run by AEL&#8217;s subsidiary Adani Airports Ltd which won bids for 6 airports recently. Of these, three airports including Ahmedabad, Lucknow and Mangaluru of Airports Authority of India have been approved by cabinet to be leased to AEL in a public private partnership (PPP) mode. Two other airports &#8211; Guwahati and Jaipur &#8211; are awaiting state approvals, while the one in Trivandrum is in litigation with the Kerala state government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Group&#8217;s flagship firm, Adani Enterprises Limited (AEL) has committed capital expenditure (capex) worth roughly Rs 10,000 crore for its airport business to be incurred over the next 7 years. AEL has also committed an investment of Rs 7,000 crore for coal and mining business during the current fiscal 2019-20. Part of its &#8220;next set of businesses&#8221;, as stated by Adani Group chairman Gautam Adani, airport management is being run by AEL&#8217;s subsidiary Adani Airports Ltd which won bids for 6 airports recently. Of these, three airports including Ahmedabad, Lucknow and Mangaluru of Airports Authority of India have been approved [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-286765","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=286765"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286765\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=286765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=286765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=286765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}