The Adani Group has spent the better part of 2020 going full steam ahead on acquisitions and bidding for new projects, when most infrastructure companies have reduced spending on these. The group tops the leader board across the Indian infrastructure space, including ports and logistics, coal mining, airport operations, power production and city gas distribution, besides making significant inroads into defence, power transmission and distribution and data centres.<\/p>\n
In September, the group made its most audacious bet yet, taking over control of the Mumbai international airport from the GVK group, besides getting a controlling stake in the upcoming Navi Mumbai International Airport. It has also won 50-year operating rights for the recently privatized airports at Ahmedabad, Lucknow, Mangaluru, Jaipur, Thiruvananthapuram, and Guwahati.<\/p>\n
Adani Ports and Special Economic Zone (APSEZ), the cash cow of the group, also completed the acquisition of Krishnapatnam port for an enterprise value of \u20b912,000 crore, cementing its market share along the eastern coast, while it is pursuing the bid for the bankrupt Dighi port.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Adani Group has spent the better part of 2020 going full steam ahead on acquisitions and bidding for new projects, when most infrastructure companies have reduced spending on these. The group tops the leader board across the Indian infrastructure space, including ports and logistics, coal mining, airport operations, power production and city gas distribution, besides making significant inroads into defence, power transmission and distribution and data centres. In September, the group made its most audacious bet yet, taking over control of the Mumbai international airport from the GVK group, besides getting a controlling stake in the upcoming Navi Mumbai […]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-380501","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/380501","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=380501"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/380501\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=380501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=380501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=380501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}