Adani to invest $100 bn in energy transition & digital infrastructure
POWER & RENEWABLE ENERGY

Adani to invest $100 bn in energy transition & digital infrastructure

The Adani Group, a major Indian conglomerate, has announced a significant investment in the country's energy transition. Gautam Adani, the group's chairman, revealed plans to dedicate over $100 billion towards clean energy projects over the next decade. This ambitious move aligns with India's national goal of installing a massive 500 gigawatts of renewable energy capacity by 2030. Adani believes this target necessitates annual investments exceeding $150 billion. The Adani Group is strategically expanding its renewable energy operations across the entire value chain. This includes manufacturing key components for green energy generation. Their focus is on becoming the world's most cost-effective producer of clean energy, aiming to power various sectors committed to sustainability goals. One of their flagship projects is the world's largest single-site renewable energy park in Khavda, Gujarat. This project is expected to generate a staggering 30 GW of power, boosting the company's total renewable energy capacity to 50 GW by 2030. Looking beyond India, Adani sees a global opportunity in the data centre sector. He anticipates a surging demand for 100 to 150 GW of additional green energy just for AI data centres by 2030. The Adani Group, already holding India's largest data centre order book, is positioned to deliver these large-scale green data centres. Adani highlights the immense potential of the global energy transition market, estimated at $3 trillion in 2023 and projected to double every decade until 2050. He emphasises the role of enabling businesses in creating opportunities for carbon credit monetisation. With India aiming to become a $10 trillion economy by 2032, Adani expects cumulative infrastructure spending to surpass $2.5 trillion. He applauds the National Infrastructure Pipeline (NIP) program, a government initiative allocating a projected investment of Rs 111 trillion for infrastructure development across various sectors by 2025.

(Source: ET Energy)

The Adani Group, a major Indian conglomerate, has announced a significant investment in the country's energy transition. Gautam Adani, the group's chairman, revealed plans to dedicate over $100 billion towards clean energy projects over the next decade. This ambitious move aligns with India's national goal of installing a massive 500 gigawatts of renewable energy capacity by 2030. Adani believes this target necessitates annual investments exceeding $150 billion. The Adani Group is strategically expanding its renewable energy operations across the entire value chain. This includes manufacturing key components for green energy generation. Their focus is on becoming the world's most cost-effective producer of clean energy, aiming to power various sectors committed to sustainability goals. One of their flagship projects is the world's largest single-site renewable energy park in Khavda, Gujarat. This project is expected to generate a staggering 30 GW of power, boosting the company's total renewable energy capacity to 50 GW by 2030. Looking beyond India, Adani sees a global opportunity in the data centre sector. He anticipates a surging demand for 100 to 150 GW of additional green energy just for AI data centres by 2030. The Adani Group, already holding India's largest data centre order book, is positioned to deliver these large-scale green data centres. Adani highlights the immense potential of the global energy transition market, estimated at $3 trillion in 2023 and projected to double every decade until 2050. He emphasises the role of enabling businesses in creating opportunities for carbon credit monetisation. With India aiming to become a $10 trillion economy by 2032, Adani expects cumulative infrastructure spending to surpass $2.5 trillion. He applauds the National Infrastructure Pipeline (NIP) program, a government initiative allocating a projected investment of Rs 111 trillion for infrastructure development across various sectors by 2025. (Source: ET Energy)

Next Story
Resources

Skyview by Empyrean is Making Benchmarks in the Indian Ropeway Industry

FIL Industries Private Limited, the parent company of Empyrean Skyview Projects that pioneered ropeway mobility solutions in India with Jammu’s Skyview Gondola, is currently developing the Dehradun-Mussoorie ropeway and is on track to complete Phase I by September 2026. The ropeway is set to be India’s longest passenger aerial monocable covering 5.8 km between the foothills of Dehradun in Purkulgam and MDDA taxi stand in the hills of Mussoorie in just under 20 minutes. The firm pioneered green mobility solutions in India with the development of the flagship Skyview Gondola in Jam..

Next Story
Technology

Creativity is for Humans, Productivity is for Robots!

On most construction sites, the rhythm of progress is measured by the clang of steel, the hum of machinery and the sweat of thousands. But increasingly, new sounds are entering the mix: the quiet efficiency of algorithms, the hum of drones overhead, and the precision of robotic arms at work. Behind the concrete and cables, an invisible force is taking hold: data. It is turning blueprints into living simulations, managing fleets of machines, and helping engineers make decisions before a single brick is laid. This is not the construction of tomorrow; it is the architecture of today – built on ..

Next Story
Infrastructure Urban

Bhartiya Urban Unveils ‘Bhartiya Converge’ GCC Enablement Platform

Bhartiya Urban has launched Bhartiya Converge, its latest business venture designed to become India’s premier platform for enabling Global Capability Centres (GCCs). The initiative offers an integrated ecosystem aimed at helping global clients gain a competitive edge in today’s rapidly evolving business environment. Focused on enhancing turnaround time and operational efficiencies, the company seeks to deliver better business outcomes powered by top-tier talent. Bhartiya Converge presents a customised and integrated suite of microservices that addresses the nuanced and evolving operational..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?