Adani Group Plans Over USD 100 Billion Investment in Renewable Energy Expansion

Group has announced ambitious plans to invest more than USD 100 billion in advancing the energy transition and expanding its integrated value chain over the next decade. Chairman Gautam Adani outlined this strategic vision during an event organized by Crisil, highlighting the group's commitment to pioneering renewable energy initiatives in .

“We are constructing the world's largest single-site renewable energy park in Gujarat,” Adani stated, underscoring the scale of their current efforts. This massive 30-gigawatt project is set to elevate Adani's total renewables capacity to 50 gigawatts by 2030.

Adani Group has positioned itself comprehensively within the renewable energy sector, engaging in the manufacture of essential components such as modules, wind turbines, and electrolysers for production.

Adani emphasized the significant investment required for India to achieve its ambitious target of 500 gigawatts of renewable energy capacity by 2030. “The country will need to invest over USD 150 billion annually,” he noted, outlining the scale of financial commitment needed to propel India towards its renewable energy goals.

SUBSCRIBE

Related Articles

Popular Categories