Anil Ambani group plans to invest in Power and Transport

New Delhi: Anil Ambani has underlined his interest to build infrastructure in India, saying that his companies are looking to invest an estimated Rs 1,50,000 crore in power and transport sectors in five years.

“In the infrastructure sector, which includes power, investment could be Rs 1,50,000 crore in the next five years. As a private sector entity we will play a crucial role... The growth is through the organic route,” Ambani told the Press Trust of India in an interview.

Asked about international acquisitions towards enhancing growth, Ambani pointed out that the focus of the infrastructure business would be within the country. “Today the whole world is embracing India. In the power and coal sectors there will be selective international opportunities.”

The Anil Dhirubhai Ambani Group (ADAG) has announced plans to invest Rs 1,00,000 crore in the power business, while it is aggressively bidding for road projects and as well as in the transport sector.

Group company Reliance Energy has bid for the Rs 50,000 crore Ganga Expressway Project in Uttar Pradesh.

It is also bidding for airports at Udaipur and Amritsar and is in the race for the ambitious Mumbai Trans Harbour Link project.