business ποΈ Adani's big capex is boosting smaller infra firms
The Adani Group's massive βΉ1.53 trillion capex plan for FY26 is fueling growth for smaller listed EPC companies. Specifically, PSP Projects and Diamond Power Infrastructure secured major contracts worth βΉ9,286.25 crore and βΉ2,780 crore, respectively, from the conglomerate. These deals represent significant portions of the contractors' total orders. This increased spending could help these firms accelerate growth after a somewhat subdued FY26 for many. The group's sustained investment is expected to keep ordering for the next few years. ποΈ