Adani Total Gas limited has said its expansion and spending plans remain unchanged in the midst of the group’s crisis.
“Our plans remain intact,” said CEO Suresh P. Manglani in an interview with Bloomberg Television in Bengaluru.
“Our expansions are taking place, and our revenue is increasing.”
Manglani stated that the joint venture between Adani and TotalEnergies SE has planned for nearly 150 billion rupees ($1.8 billion) in capital spending over the next seven years to fund new growth.
Already, the company can supply natural gas to approximately 14% of India’s population.
