Adani Enterprises Share Price in Focus as Adani Group Plans $120 Billion Investment Over 5 Years

The Adani Group plans to invest more than $120 billion over the next five years, with most of the money going into its energy businesses.  

The proposed capital expenditure will average more than $20 billion annually and cover infrastructure operations and newer businesses, according to an interview with group executives published by Fortune India on Tuesday (November 10, 2026). 

Pranav Adani, director at Adani Enterprises and nephew of chairman Gautam Adani, noted that the group plans to spend around $120 billion across its businesses during this period. 

Focus on Energy Sector 

Of the total investment, around 70% will go towards energy, 20% towards transport and logistics, and the remaining 10% towards businesses such as cement, copper and aluminium. 

The allocation reflects the group's existing business interests across power generation, renewable energy, ports and airports. It also includes spending on its other infrastructure operations and emerging growth areas. 

Asset Base Target of ₹18 Lakh Crore 

The group expects its asset base to double to ₹18 lakh crore ($191.64 billion) over the five-year period. It has also set a target of generating core earnings of ₹2.6 lakh crore to ₹3 lakh crore. 

The earnings estimate is based on EBITDA, which stands for earnings before interest, taxes, depreciation and amortisation. Both targets are linked to the group's proposed investment programme. 

Spending Across Multiple Business Segments 

The Adani Group has operations in ports, airports, power and renewable energy, alongside businesses in cement, copper and aluminium. The proposed expenditure will be spread across these sectors rather than being concentrated in a single business. 

Energy will account for the largest share, followed by transport and logistics. The group has not provided a separate breakdown of the investment for individual companies or projects in the information shared. 

Read More: Waaree Energies Share Price in Focus; To Invest ₹15,000 Crore in Green Ammonia Project in Andhra Pradesh! 

Adani Enterprises Share Price Performance 

As of November 11, 2026, 11:08 am, Adani Enterprises share price was trading at ₹2,752.10, a 1.69% increase from the previous closing price. 

Conclusion 

The proposed spending exceeds $120 billion over five years, with the group targeting an asset base of ₹18 lakh crore and EBITDA of up to ₹3 lakh crore over the same period. 

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