Our Group has grown exponentially over the past few years. To continue this trajectory, we aim for a much higher capex execution scale in the coming years. To support this ambitious goal and ensure successful capex performance, it is imperative that we unite to elevate our collective strength. To catalyse the shift towards the next phase of our growth journey, we launched Group Project Council in May 2024 with the key objectives below:

• Future-focused platform for engaging in strategic discussions to shape the future of projects, encompassing strategy, execution, and management
• Building synergy and fostering collaboration across BUs to share best practices and learnings, amplifying our collective expertise
• Addressing chronic challenges & deliberating on persistent challenges to bring cross-collaboration and valuable outside perspectives into our project strategies

The key focus areas cover the entire project lifecycle including strong focus towards capex performance, digitalisation, technology intervention, critical project updates, quality assurance, project people, and safety.

The 3rd Project Council, held on 17 Oct and 18 Oct 2024 in Mundra, featured discussions on significant topics such as the H1 FY25 Capex Analysis, updates on the Digital Project Parivartan, the implementation of the Airports COE strategy, and Group Safety initiatives. Attendees from various departments shared valuable insights, creating an open forum that sparked a dynamic exchange of ideas and set the stage for new collaborative efforts across functions. 

Vneet Jaain, Managing Director-Adani Green Energy, delivered key insights from the Mundra Thermal project, offering strategic guidance on Capex management, including best practices for effective planning, execution, and risk management to achieve optimal outcomes. 

In a bid to promote project excellence, the Group Project Excellence Model (GPEM) awards were introduced during the event. These quarterly awards will recognise top-performing projects across three Capex categories: Category A (> INR 5000 crore), Category B (INR 1000–INR 5000 crore), and Category C (< INR 1000 crore), further encouraging excellence in Capex execution. 

Evaluated on performance (60%), safety (20%), and digital dexterity (20%), the inaugural Q2 winners included Thermal – Mahan for Category A, Cement – Farakka & Bhatapara for Category B, and AESL – Sangod & Khavda II for Category C. Runners-up were Ports WCT – Colombo, PSP – Chitravathi, and Airports – Ahmedabad. 

Beyond the formal agenda, the meet also facilitated ample networking opportunities, where colleagues connected, exchanged experiences, and strengthened relationships over coffee. These informal interactions contributed to a dynamic environment, fostering collaboration and camaraderie, reinforcing the organisational bonds, and driving projects forward. The event served as a convergence of ideas and teamwork, bolstering the group's overall strength and unity.

The writer is Chief Executive Office at Adani Infra (India) Ltd.