Gautam Adani Announces Ambitious Plans to Accelerate Energy Transition and Expand Manufacturing Capacity

The Adani Group has announced a groundbreaking commitment to invest over $100 billion in green energy projects, marking a significant stride towards accelerating the global energy transition. This massive investment will not only enhance manufacturing capacity for critical components required for green energy generation but also propel the conglomerate into the forefront of the renewable energy sector.

Gautam Adani, Chairman of Adani Group, unveiled these plans at the ‘Infrastructure – the Catalyst for India’s Future’ event hosted by Crisil. Adani emphasized that energy transition and digital infrastructure represent trillion-dollar opportunities poised to transform India on both local and global scales. “The next decade will see us invest more than $100 billion in the energy transition space and further expand our integrated renewable energy value chain that today already spans the manufacturing of every major component required for green energy generation,” Adani stated.

The group's investment strategy includes the construction of solar parks and wind farms, along with major facilities for manufacturing electrolysers, wind power turbines, and solar panels. These efforts aim to produce green hydrogen by splitting hydrogen from water using electrolysers powered by clean energy, a process seen as a critical solution for decarbonizing industry and transportation.

Adani highlighted the necessity of affordable green energy across various sectors to achieve sustainability. As part of this initiative, the company is developing the world's largest single-site renewable energy park in Khavda village, Kutch district, Gujarat. This park is expected to generate 30 GW of power, significantly contributing to Adani Group's target of achieving 50 GW of renewable energy capacity by 2030.