During the centenary celebrations of the IIT ISM Dhanbad, the chairman of Adani Group, Gautam Adani, announced that the conglomerate will invest over US$75 billion in energy-transition projects over the next five years. This marks one of the largest private commitments to clean energy investment in the country.
The investment will be channelled into scaling up renewable energy generation capacity, expanding energy storage solutions, and supporting green-hydrogen and clean-energy technologies. As part of this plan, Adani Group is building what is projected to become the “world’s largest renewable energy park” at Khavda in Gujarat, spread across 520 square kilometres. At full build-out, this park is expected to deliver 30 GW of clean energy, enough to power over 60 million Indian homes annually.
Also Read: Adani Energy Solutions Ltd. to Supply 60 MW Renewable Power to RSWM Ltd.
The investment decision is seen as a major push toward scaling up India’s clean-energy infrastructure, supporting the country’s climate goals, green-technology deployment, industrial growth, and energy security. It also reflects confidence from a major Indian conglomerate in the long-term viability of renewable energy and associated technologies
Be a part of Elets Collaborative Initiatives. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook , connect with us on LinkedIn and follow us on Twitter, Instagram.
"Exciting news! Elets technomedia is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest insights!" Click here!
