M&A
Adani Infra looking for more acquisitions
Adani Infra (India) Ltd (AIIL), which has already acquired the bankrupt EPC firm Punj Lloyd for INR 281 crore and secured a joint controlling stake in the listed EPC firm PSP Projects, is exploring more acquisitions that align with the group's business requirements.Incorporated in 2010 and serving as the in-house infrastructure arm of the Adani Group since FY25, AIIL functions as a project management consultant and executes engineering, procurement, and construction (EPC) contracts. It has an order book exceeding INR 50,000 crore and is projected to reach nearly INR 10,000 crore in annual revenue.
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