Gautam Adani

Situated along the eastern coastline of India, Gopalpur Port boasts a handling capacity of 20 MMTPA (million metric tonne per annum). The Odisha government granted GPL a 30-year concession in 2006, extendable twice for 10 years each.

Insiders reveal that this substantial investment will be channeled across various sectors within the portfolio, spanning from green energy initiatives to airports, cement, commodities, and beyond, in the upcoming financial year.

Insiders reveal that this substantial investment will be channeled across various sectors within the portfolio, spanning from green energy initiatives to airports, cement, commodities, and beyond, in the upcoming financial year.

Addressing the gathering, Adani underscored the inevitable challenges that accompany success, cautioning that as one's achievements soar, so too does the target on their back. He stressed that the true measure of success lies not solely in accomplishments, but in the resilience exhibited amidst adversities.

In an exclusive conversation with IANS, Karan Adani outlined the ambitious vision for the Chaudhary Charan Singh International Airport (CCSIA), emphasizing its pivotal role in the region's economic growth. The master plan aims to elevate the airport's capacity to cater to a staggering 38 million passengers annually by 2047-48, a move expected to create employment opportunities for 50,000 to 60,000 individuals.

Highlighting the robust financial standing, the company maintained a significant cash balance of Rs 44,572 crore ($5.4 billion) by the end of December 31, 2023. The core infrastructure segment demonstrated exceptional performance, contributing Rs 66,208 crore ($8 billion) in EBITDA over the last 12 months, marking a notable 35.4 percent increase year-on-year.

Kutch Copper Ltd (KCL), a subsidiary of Adani Enterprises Ltd (AEL), is spearheading the greenfield copper refinery project. The refinery, designed for refined copper production with a 1 million tonnes per annum capacity in two phases, achieved financial closure for Phase-1 through a syndicated club loan in June 2022.

Addressing the Vibrant Gujarat Global Summit, Adani emphasized that this substantial investment is expected to generate a staggering 1 lakh employment opportunities.