Adani Ports and SEZ will invest Rs 30,000 crore in the next two years to expand its Mundra, Dhamra, and Vizhinjam ports. The target is to handle one billion tonnes of cargo by 2030. Meanwhile, Adani Green Energy has received an AA/Stable rating. These developments are expected to boost the shares of both companies.
Adani Ports: Gautam Adani has made a significant plan for his favored company, Adani Ports and Special Economic Zone (APSEZ). The company will invest Rs 30,000 crore over the next two years, with a substantial portion allocated to the expansion of berths and terminals at Mundra, Dhamra, and Vizhinjam ports. The objective is to achieve a cargo handling capacity of one billion tonnes by 2030. Concurrently, Adani Green Energy has been awarded an AA/Stable rating by CRISIL and India Ratings, signifying the company's strength. These positive developments are likely to create a stir in the shares of both companies.
Ambitious Target for Cargo Handling by 2030
Adani Ports has set a significant target for the coming years, aiming to handle one billion tonnes of cargo annually by 2030. Of this, approximately 850 million metric tonnes are expected to be handled by Indian ports, and around 140 to 150 million metric tonnes from foreign assets. Currently, APSEZ operates 15 Indian ports and terminals with a total installed capacity of 633 million metric tonnes. In FY25, the company handled 450 million metric tonnes, securing a 27% national market share.
Where the Investment Will Go
According to the company's September presentation, the investment plan for FY26 is divided into several segments:
- Rs 6,500 to Rs 7,000 crore for ports.
- Rs 2,300 crore for logistics.
- Rs 1,500 crore for renewable energy.
- Rs 700 to Rs 800 crore for maritime services.
In addition to these, a significant portion of the additional Rs 30,000 crore will be invested in expanding berths and terminals at Mundra and Dhamra. Emphasis will also be placed on further strengthening Vizhinjam Port as a transshipment hub. Notably, Vizhinjam has already handled over one million Twenty-foot Equivalent Units (TEUs) within just nine months of its launch.
Capex Cycle Across All Ports
A senior official associated with the company stated that currently, every major port is undergoing a significant capital expenditure (capex) cycle, implying a continuous process of expansion and investment in the coming years. However, APSEZ has not issued any official statement regarding this.
Adani Green Energy Receives Strong Confidence
Another company within the Adani Group, Adani Green Energy Limited (AGEL), has also received positive news. The company has been assigned an AA rating with a stable outlook by two major rating agencies. India Ratings and Research upgraded the company's rating from AA- to AA. CRISIL has also assigned AGEL an AA/Stable rating. These ratings are considered a positive signal for investors.
Marginal Dip in Adani Ports Shares
These developments are expected to have a direct impact on the stock market. Both Adani Ports and Adani Green Energy will remain under investor scrutiny. On Wednesday, Adani Ports' share closed with a marginal decline at Rs 1405.70, falling to Rs 1396.05 during trading hours. On the other hand, Adani Green Energy's shares saw a decline of over one percent, closing at Rs 826.40, down 1.14%, and touching Rs 825.40 during trading.
