Adani Group plans to add 5 GW green energy per year for next decade

28 Jun 2021 CW Team

Gautam Adani, Chairman of Adani Group, in a letter to shareholders, said that the company is aligning with India’s aim of becoming the world’s biggest player in renewable energy.

The organisation has also set a target for itself to become the biggest solar power generator in the world.

Gautam Adani told the media that a significant part of the Adani Group's future investments will focus on sustainable and renewable energy.

The Chairman wrote that Adani Group would make notable investments in sustainable and renewable energy, adding that it has managed to defeat its own target of 25 GW power generation four years before scheduled, owing to its takeover of Softbank-owned SB Energy.

In January, the group said that it strives to become the world's largest solar power generator by 2025 and later the largest renewable power company all over the globe by 2030.

Adani Group acquired the world’s largest solar tender when Solar Energy Corporation of India (SECI) gave it an 8 GW contract through a bidding process in the second quarter of 2020. In Q3 2020, Mercom said that the company became the world’s largest solar power developer.

Adani said that the company rose from the 6th position in 2019 to the 1st position in 2020 in only nine months.

Since January 2020, the value of the group's renewables business has increased over 600 times, producing one of the best returns all over stock markets. In May 2021, the group procured Softbank’s and Bharti’s 5 GW portfolio of renewable assets, allowing Adani Group to leapfrog and get to their aim of 25 GW a full four years before the schedule, Adani said. This is what templatisation means to them, and it provides them with the confidence to expand quickly over different adjacent sectors, he further added.

Image Source

Also read: JSW Energy plans to add 2,600 MW RE capacity by 2023

Also read: Clean Energy Partnership: US, India set up hydrogen task force

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Gautam Adani, Chairman of Adani Group, in a letter to shareholders, said that the company is aligning with India’s aim of becoming the world’s biggest player in renewable energy. The organisation has also set a target for itself to become the biggest solar power generator in the world. Gautam Adani told the media that a significant part of the Adani Group's future investments will focus on sustainable and renewable energy. The Chairman wrote that Adani Group would make notable investments in sustainable and renewable energy, adding that it has managed to defeat its own target of 25 GW power generation four years before scheduled, owing to its takeover of Softbank-owned SB Energy. In January, the group said that it strives to become the world's largest solar power generator by 2025 and later the largest renewable power company all over the globe by 2030. Adani Group acquired the world’s largest solar tender when Solar Energy Corporation of India (SECI) gave it an 8 GW contract through a bidding process in the second quarter of 2020. In Q3 2020, Mercom said that the company became the world’s largest solar power developer. Adani said that the company rose from the 6th position in 2019 to the 1st position in 2020 in only nine months. Since January 2020, the value of the group's renewables business has increased over 600 times, producing one of the best returns all over stock markets. In May 2021, the group procured Softbank’s and Bharti’s 5 GW portfolio of renewable assets, allowing Adani Group to leapfrog and get to their aim of 25 GW a full four years before the schedule, Adani said. This is what templatisation means to them, and it provides them with the confidence to expand quickly over different adjacent sectors, he further added. Image Source Also read: JSW Energy plans to add 2,600 MW RE capacity by 2023 Also read: Clean Energy Partnership: US, India set up hydrogen task force

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..