Adani Group to double coal generation capacity to 24 GW

14 Jul 2021 CW Team

Adani Group is planning to expand its coal-fired capacity to 24 GW, and plans to own and operate coal mines at a capacity of 132 million tonne (mt) per year.

The company is also pursuing gas and oil projects, including a collaboration with France's TotalEnergies SE.

The findings can increase inspection on the Adani Group and its founder, growing speedily in the rich people ranks in Asia, and he also signed one of the biggest clean

At the India Global Forum, Founder of Adani Group, Gautam Adani had said that the group would transition to carbon negative by balancing energy migration. He further added that a move away from cheaper fossil fuels should not break the hopes of the people who have a shortage of electricity.

Sources told the media that the report was somewhat provoked by the discussions with banks, including Credit Suisse Group AG and Barclays Plc, which said they are ready to finance Adani because it was a clean energy transitioning firm.

State Bank of India (SBI) has not decided whether to help finance the Carmichael mine due to the increasing pressure from climate activists and investors.

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Also read: Tata Power plans to become carbon neutral by 2050

Also read: Coal India laying focus on energy efficiency, plans carbon reduction

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