India Today - - 50 POWER PEOPLE -

Be­cause the col­lege dropout-turned-busi­ness­man from Gu­jarat, known to be close to Prime Min­is­ter Modi, has been on an ag­gres­sive ex­pan­sion spree, an­nounc­ing Rs 50,000 crore worth of projects in Gu­jarat it­self in Jan­uary 2019, and diver­si­fy­ing from the older busi­nesses of ports, power trans­mis­sion, coal and min­ing into newer ones, such as aero­space and de­fence, data cen­tres, ur­ban wa­ter man­age­ment, roads, rail, metro and air­ports

Be­cause un­der his watch, share­holder value for six of the Adani Group’s pub­licly listed com­pa­nies grew 600 times over 30 years, with a com­bined rev­enues of $13 bil­lion (Rs 89,700 crore) now

Be­cause Adani Power is now In­dia’s largest power pro­ducer with an in­stalled ca­pac­ity of 10,480 MW; and Adani Ports and Spe­cial Eco­nomic Zone Limited (APSEZ) is the largest com­mer­cial ports op­er­a­tor, ac­count­ing for nearly one-fourth of the cargo move­ment in the coun­try

Be­cause the group has moved a step closer to pro­duc­ing coal from its Rs 10,000 crore Carmichael mine in Queens­land, Aus­tralia. Held up for over a decade, it has now got two en­vi­ron­men­tal clear­ances for min­ing 10 mil­lion tonnes of coal an­nu­ally

Be­cause the group emerged as the high­est bid­der for six Air­ports Au­thor­ity of In­dia (AAI)-run air­ports put up for pri­vati­sa­tion

FAM­ILY MAN Loves spend­ing time with his two-year-old grand­daugh­ter, who he of­ten ac­com­pa­nies to kinder­garten


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