Adani Group Planning $100 Billion Investment to Enhance Renewable Energy Capacity

The Adani Group is planning to invest over $100 billion in projects related to energy transition and manufacturing for green energy production. The significant investment will help the conglomerate take advantage of the country’s vast potential resources for energy transition and digital infrastructure.

The group’s plans encompass the development of solar parks, wind farms, and manufacturing facilities for green energy components, aligning with India’s ambitious renewable energy goals.

A key aspect of the group’s commitment to renewable energy is their target to produce the world’s most cost-effective green hydrogen, which will be a vital resource for various industries striving to meet sustainability standards.

The group is building the world’s largest single-site renewable energy park in Khavda, Kutch, Gujarat. As reported by msn.com, by boosting its renewable energy capacity and manufacturing capabilities, the conglomerate aims to significantly impact the global energy landscape and support India’s advancement towards becoming a leading green economy.