Adani Group's energy business to be led by Adani New Industries

12 Jan 2022 CW Team

In November 2021, Adani announced that his company would invest $70 billion in the new energy space over the next decade.

Adani Enterprises Limited, the company's flagship, has now formed a wholly-owned subsidiary, Adani New Industries Limited (ANIL), according to a regulatory filing.

ANIL will develop and operate projects for the synthesis of low-carbon fuels and chemicals, the generation of low-carbon electricity, and the manufacturing of key components and materials for projects such as the production of green hydrogen, related downstream products, electricity generation, and wind turbine manufacturing.

Companies in the group have already devised ambitious plans. Adani Green Energy Limited (AGEL), the world's largest solar power developer, plans to build 45 gigawatts of renewable energy capacity by 2030, investing $20 billion to build a 2 GW per year solar manufacturing capacity by 2022-23.

Adani Transmission Limited (ATL), India's largest private sector power transmission and retail distribution company aims to boost renewable energy procurement from 3% to 30% by FY 2023 and 70% by FY 2030.

The founder-chairman of Adani Group, speaking at an event on November 11, 2021, said the company is working to make renewable energy a viable and affordable alternative to fossil fuels.

Prime Minister Narendra Modi announced 2070 as India's target year for achieving net-zero carbon emissions at COP 26 in Glasgow.

India also announced a slew of other, more ambitious climate goals for 2030, including increasing renewable energy's share in the country's energy mix to 50%, increasing non-fossil energy installed capacity from 450 to 500 GW, and reducing the economy's carbon intensity by 45%, as opposed to the previous goal of 33 to 35%.

Adani, as well as Mukesh Ambani, India's richest man, have announced ambitious plans in this regard.

Image Source

The Adani Group’s logistics-to-energy conglomerate has established a new subsidiary, ANIL, to undertake green hydrogen projects, generation of low-carbon electricity, and manufacturing of wind turbines, solar modules, and batteries. In November 2021, Adani announced that his company would invest $70 billion in the new energy space over the next decade. Adani Enterprises Limited, the company's flagship, has now formed a wholly-owned subsidiary, Adani New Industries Limited (ANIL), according to a regulatory filing. ANIL will develop and operate projects for the synthesis of low-carbon fuels and chemicals, the generation of low-carbon electricity, and the manufacturing of key components and materials for projects such as the production of green hydrogen, related downstream products, electricity generation, and wind turbine manufacturing. Companies in the group have already devised ambitious plans. Adani Green Energy Limited (AGEL), the world's largest solar power developer, plans to build 45 gigawatts of renewable energy capacity by 2030, investing $20 billion to build a 2 GW per year solar manufacturing capacity by 2022-23. Adani Transmission Limited (ATL), India's largest private sector power transmission and retail distribution company aims to boost renewable energy procurement from 3% to 30% by FY 2023 and 70% by FY 2030. The founder-chairman of Adani Group, speaking at an event on November 11, 2021, said the company is working to make renewable energy a viable and affordable alternative to fossil fuels. Prime Minister Narendra Modi announced 2070 as India's target year for achieving net-zero carbon emissions at COP 26 in Glasgow. India also announced a slew of other, more ambitious climate goals for 2030, including increasing renewable energy's share in the country's energy mix to 50%, increasing non-fossil energy installed capacity from 450 to 500 GW, and reducing the economy's carbon intensity by 45%, as opposed to the previous goal of 33 to 35%. Adani, as well as Mukesh Ambani, India's richest man, have announced ambitious plans in this regard. Image Source

Infrastructure Urban

09 Jan 2026

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Infrastructure Urban

09 Jan 2026

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Building Material

09 Jan 2026

Sources Unlimited Introduces Vitamine Pendant Lamp by Melogranoblu

Sources Unlimited has launched the Vitamine Pendant Lamp by Melogranoblu in India, expanding its portfolio of curated international luxury lighting solutions. Designed and crafted in Italy, the Vitamine pendant reflects contemporary glass artistry, combining hand-blown craftsmanship with refined aesthetics and atmospheric illumination.The Vitamine Pendant Lamp is sculpted in hand-blown glass and is available in frosted, silver and black metallised finishes. Each finish offers a distinct visual identity while maintaining a cohesive and sophisticated design language. The lamp’s softly contoure..