Adani to unlock value in airports, data centres in future, says group CFO

AEL will be investing $70 billion in incubating new businesses and at the group level we will be investing close to $107 billion in the next decade, Singh says

Adani Enterprises (AEL), the flagship company and business incubator of Adani Group, is set to launch its Rs 20,000-crore follow-on public offer (FPO) on Friday. AEL will use the money raised to fund green hydrogen projects, airport facilities, and greenfield expressways, besides paring some of its debt. It will sell shares in a price band of Rs 3,112-3,276 apiece in the FPO, slated to open on January 27 and close on January 31. Group Chief Financial Officer JUGESHINDER ‘ROBBIE’ SINGH, in conversation with Dev Chatterjee and Krishna Kant, talks about the need for more retail investors participating in India’s growth