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 Transport

23 Jul 2025

Ircon Wins Rs 6.42 Billion Mumbai Metro Power Systems Contract

Mumbai-based Ircon International Limited has secured a major contract from the Mumbai Metropolitan Region Development Authority (MMRDA) for Package-2 of Line-6 of the Mumbai Metro Rail Project. The contract covers the design, supply, installation, integration, testing, and commissioning of power supply and traction systems, as well as electrical and mechanical works including lifts and escalators.The project focuses on the metro corridor connecting Swami Samarth Nagar to Vikhroli (Eastern Express Highway). It also includes five years of maintenance following a two-year defect liability period...

Infrastructure Transport

23 Jul 2025

Colossus Infra Secures Rs 212 Million Nagpur Metro Control Contract

Colossus Infra Projects Pvt. Ltd. has secured the contract to provide train operation and station control services for the Nagpur Metro Rail Project for a period of two years (730 days). The contract, awarded by the Maharashtra Metro Rail Corporation (Maha-Metro), is valued at Rs 212 million.Maha-Metro issued a tender with a two-year deadline. Technical bids were opened on 26 May, with two firms submitting proposals. Following the technical evaluation on 16 July, JMD Consultants’ bid was rejected. The financial bids were then opened on the same day, confirming Colossus Infra Projects as the ..

Infrastructure Urban

23 Jul 2025

Navi Mumbai Restores Water Supply After Key Pipeline Repair

Navi Mumbai’s vital water supply has been fully restored following the successful completion of critical repairs on the 1,700 mm diameter Morbe main water pipeline, providing significant relief to thousands of residents. This essential maintenance, conducted near the Akshar Building along Palm Beach Road, resolves long-standing leakage issues and marks a proactive effort by the Navi Mumbai Municipal Corporation (NMMC) to ensure a robust and sustainable water distribution network.The planned 18-hour water supply disruption began on the morning of 18 July and concluded in the early hours of 19..

Adani Group to undertake 10 GW hydroelectric projects abroad

Ircon Wins Rs 6.42 Billion Mumbai Metro Power Systems Contract

Colossus Infra Secures Rs 212 Million Nagpur Metro Control Contract

Navi Mumbai Restores Water Supply After Key Pipeline Repair

Latest Updates

Recommended for you

Advertisement

Subscribe to Our Newsletter

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Modal Heading

First Name *

Last Name *

Industry *

Email Address *

Mobile Number *

Password *

Confirm Password *

Subscribe to our Newsletter

Email Address *

Password *

Please enter the details

Email Address

Modal Heading

First Name *

Last Name *

Industry *

Email Address *

Mobile Number *

Password *

Confirm Password *

Subscribe to our Newsletter

Email Address *

Password *

Please enter the details

Email Address