Adani Group to undertake 10 GW hydroelectric projects abroad

11 Oct 2024 CW Team

Billionaire Gautam Adani, whose business interests range from rice to cement, announced in 2022 that the group intends to invest $100 billion over the next decade to enhance its green energy capabilities. This includes plans to establish the world's largest solar energy park in western India.

The sources indicated that the group is considering hydroelectric projects in various countries, including Nepal, Bhutan, Kenya, Tanzania, the Philippines, and Vietnam. They chose not to be named due to the confidential nature of the discussions.

While the group primarily focuses on building pumped hydro storage in India, it is also interested in countries with favourable topography and a high demand for hydropower. Through its green energy subsidiary, Adani Green Energy, the group currently operates 11.2 gigawatts of renewable energy projects and aims to increase this capacity to 50 gigawatts by 2030, as noted on the company’s website.

The Adani Group did not respond to a request for comment. One of the sources mentioned that the evaluation process is on-going in several countries, with discussions primarily occurring with government entities and some private parties.

In June, Gautam Adani announced that the group had signed an agreement with the government of Bhutan to construct a 570-megawatt hydro power plant in the Chhukha province. Additionally, the group is evaluating the construction of a 700-megawatt project at Chamkarchu in Bhutan, where work can commence immediately due to the necessary approvals being in place, according to two of the four sources.

The Adani Group plans to construct 10 gigawatts of hydroelectric projects overseas in the coming years, according to four sources familiar with the plans who spoke to Reuters. This initiative will assist the conglomerate in achieving its goal of net-zero carbon emissions by 2050. Billionaire Gautam Adani, whose business interests range from rice to cement, announced in 2022 that the group intends to invest $100 billion over the next decade to enhance its green energy capabilities. This includes plans to establish the world's largest solar energy park in western India. The sources indicated that the group is considering hydroelectric projects in various countries, including Nepal, Bhutan, Kenya, Tanzania, the Philippines, and Vietnam. They chose not to be named due to the confidential nature of the discussions. While the group primarily focuses on building pumped hydro storage in India, it is also interested in countries with favourable topography and a high demand for hydropower. Through its green energy subsidiary, Adani Green Energy, the group currently operates 11.2 gigawatts of renewable energy projects and aims to increase this capacity to 50 gigawatts by 2030, as noted on the company’s website. The Adani Group did not respond to a request for comment. One of the sources mentioned that the evaluation process is on-going in several countries, with discussions primarily occurring with government entities and some private parties. In June, Gautam Adani announced that the group had signed an agreement with the government of Bhutan to construct a 570-megawatt hydro power plant in the Chhukha province. Additionally, the group is evaluating the construction of a 700-megawatt project at Chamkarchu in Bhutan, where work can commence immediately due to the necessary approvals being in place, according to two of the four sources.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Equipment

10 Mar 2026

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

Equipment

10 Mar 2026

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..