Adani Ports Plans Global Acquisitions and Rs 800 Bn Capex Expansion

13 Mar 2025 CW Team

The domestic capex will primarily be funded through internal accruals, with a portion covered by debt. International expansion will be pursued through collaborations with strong local partners, though geopolitical conditions and currency fluctuations remain key considerations for mergers and acquisitions.

APSEZ currently operates internationally in Haifa, Israel, Dar-Es-Salaam, Tanzania, and has upcoming berths at Colombo, Sri Lanka. According to Macquarie Equity Research, the company is actively assessing international port expansion opportunities.

For its India-focused expansion, the Rs 800 billion investment planned between FY25 and FY28 is nearly double the Rs 420 billion spent between FY15 and FY24. Of the total, Rs 500 billion is earmarked for expanding and developing domestic ports, Rs 250 billion for the logistics business, and Rs 50 billion for maintenance.

The company’s annual EBITDA run rate stands at around Rs 180 billion, which is expected to support funding, with approximately Rs 200 billion potentially raised through debt. With a AAA+ credit rating, APSEZ is well-positioned to secure funding if needed.

Currently, APSEZ has an installed capacity of 633 million tonnes (mt) and aims to handle 1,000 mt by 2030. Major capacity expansions include Vizhinjam Port in Kerala and developments at Krishnapatnam and Gangavaram ports. Additionally, brownfield expansions are planned at Mundra, Hazira, Dhamra, and Krishnapatnam.

Macquarie forecasts strong cash-flow generation for APSEZ, supported by a diversified and stable cargo mix. The company’s net debt to EBITDA ratio stood at 2.1x as of Q3 FY25.

News source: The Hindu Businessline

Adani Ports and Special Economic Zone (APSEZ), India's largest private port operator, is actively exploring international acquisitions and partnerships across key trade routes in South East Asia, West Asia, and Africa. At the same time, the company has outlined an aggressive expansion strategy in India, with plans to invest Rs 800 billion in capital expenditure over the next three years. The domestic capex will primarily be funded through internal accruals, with a portion covered by debt. International expansion will be pursued through collaborations with strong local partners, though geopolitical conditions and currency fluctuations remain key considerations for mergers and acquisitions. APSEZ currently operates internationally in Haifa, Israel, Dar-Es-Salaam, Tanzania, and has upcoming berths at Colombo, Sri Lanka. According to Macquarie Equity Research, the company is actively assessing international port expansion opportunities. For its India-focused expansion, the Rs 800 billion investment planned between FY25 and FY28 is nearly double the Rs 420 billion spent between FY15 and FY24. Of the total, Rs 500 billion is earmarked for expanding and developing domestic ports, Rs 250 billion for the logistics business, and Rs 50 billion for maintenance. The company’s annual EBITDA run rate stands at around Rs 180 billion, which is expected to support funding, with approximately Rs 200 billion potentially raised through debt. With a AAA+ credit rating, APSEZ is well-positioned to secure funding if needed. Currently, APSEZ has an installed capacity of 633 million tonnes (mt) and aims to handle 1,000 mt by 2030. Major capacity expansions include Vizhinjam Port in Kerala and developments at Krishnapatnam and Gangavaram ports. Additionally, brownfield expansions are planned at Mundra, Hazira, Dhamra, and Krishnapatnam. Macquarie forecasts strong cash-flow generation for APSEZ, supported by a diversified and stable cargo mix. The company’s net debt to EBITDA ratio stood at 2.1x as of Q3 FY25. News source: The Hindu Businessline

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Infrastructure Urban

13 Oct 2025

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Technology

13 Oct 2025

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..