+
Adani Group to invest $20 bn in RE generation for next 10 years
POWER & RENEWABLE ENERGY

Adani Group to invest $20 bn in RE generation for next 10 years

Adani Group CEO Gautam Adani told the media that the company will invest $20 billion in renewable energy generation and component manufacturing for the next 10 years along with production of cheap green electrons.

The port-to-energy conglomerate intends to triple its renewable power generation capacity over the next four years, enter green hydrogen production, power all data centres with renewable energy, make its ports carbon-neutral by 2025, and invest more than 75% of capital expenditure in green technologies until 2025.

The $20 billion investment will be in renewable energy generation, component manufacturing, transmission, and distribution, Adani Group chairman said at the JP Morgan India Investor Summit.

The company currently operates 4,920 MW of renewable energy generation capacity and is building another 5,124 MW.

Adani Group owns a pipeline of 9,750 MW confirmed and another 4,500 MW likely to win contracts. Over the next four years, the company plans to more than triple its renewable energy generation capacity, from 21% now to 63%.

Adani Group will be India's first data centre firm to power all of its facilities with renewable energy by 2030.

In terms of other ventures, Adani asserted that the main focus will remain on underserved infrastructure sectors that are critical to the nation's development.

The company would also expand into adjacent industries and start new businesses. It will build deep operational expertise in each of its businesses before aggressively expanding organically and through acquisitions.

In terms of digital business, he said that the Adani Group's plans for airport-centred growth include entertainment facilities, e-commerce and logistics capabilities, aviation-dependent industries, and smart city developments.

Adani claims that India will have the largest and youngest middle class in history over the next two decades.

It will be among the top four countries in terms of market capitalisation over the next decade.

Image Source


Also read: Andhra University set to launch solar thermal power project in campus

Adani Group CEO Gautam Adani told the media that the company will invest $20 billion in renewable energy generation and component manufacturing for the next 10 years along with production of cheap green electrons. The port-to-energy conglomerate intends to triple its renewable power generation capacity over the next four years, enter green hydrogen production, power all data centres with renewable energy, make its ports carbon-neutral by 2025, and invest more than 75% of capital expenditure in green technologies until 2025. The $20 billion investment will be in renewable energy generation, component manufacturing, transmission, and distribution, Adani Group chairman said at the JP Morgan India Investor Summit. The company currently operates 4,920 MW of renewable energy generation capacity and is building another 5,124 MW. Adani Group owns a pipeline of 9,750 MW confirmed and another 4,500 MW likely to win contracts. Over the next four years, the company plans to more than triple its renewable energy generation capacity, from 21% now to 63%. Adani Group will be India's first data centre firm to power all of its facilities with renewable energy by 2030. In terms of other ventures, Adani asserted that the main focus will remain on underserved infrastructure sectors that are critical to the nation's development. The company would also expand into adjacent industries and start new businesses. It will build deep operational expertise in each of its businesses before aggressively expanding organically and through acquisitions. In terms of digital business, he said that the Adani Group's plans for airport-centred growth include entertainment facilities, e-commerce and logistics capabilities, aviation-dependent industries, and smart city developments. Adani claims that India will have the largest and youngest middle class in history over the next two decades. It will be among the top four countries in terms of market capitalisation over the next decade. Image SourceAlso read: Andhra University set to launch solar thermal power project in campus

Next Story
Real Estate

IGBC Green Karnataka Summit 2026 Highlights State’s Green Leadership

The CII Indian Green Building Council (IGBC) hosted the first IGBC Green Karnataka Summit 2026 in Bengaluru, bringing together government leaders, urban planners, developers, architects and industry stakeholders to deliberate on “Advancing Sustainability vis-à-vis Climate Resilience in Urban Built Karnataka”.Karnataka currently has 1,539 registered green building projects accounting for a cumulative 1.13 billion sq ft of certified green building footprint, ranking third in India by number of buildings adopting IGBC Green Building Ratings. The summit reinforced a collective shift from inte..

Next Story
Infrastructure Transport

MIC Electronics Bags First PAPIS Order from RCF Kapurthala

MIC Electronics has received a Letter of Acceptance (LoA) from Rail Coach Factory (RCF), Kapurthala, for its first order in the Passenger Announcement and Passenger Information System (PAPIS) segment, marking a new addition to the company’s railway electronics portfolio.The order was awarded following successful evaluation of the company’s bid by the competent authority. MIC Electronics said the scope of work will be executed in line with the agreed rate structure, delivery schedules, inspection requirements, warranty provisions and other standard terms and conditions prescribed by RCF.Com..

Next Story
Infrastructure Urban

Prozo Opens 1.5 Lakh Sq Ft Multi-Client Fulfilment Hub

Prozo has launched its largest multi-client fulfilment hub, a 1.5 lakh sq ft enterprise-grade facility at Horizon Industrial Parks, Gurugram, Haryana, strengthening its expanding national warehousing network. The new site is Prozo’s sixth multi-client facility in Haryana and eleventh in Northern India, within a network of over 50 fulfilment centres spanning 3 million sq ft.Designed as a model warehouse for North India, the facility combines high-specification infrastructure with Prozo’s proprietary technology stack to support complex and high-volume operations for enterprise, retail and D2..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App