+
India to lead the green energy export by 2050, says Adani
POWER & RENEWABLE ENERGY

India to lead the green energy export by 2050, says Adani

According to Gautam Adani, chairman of the Adani group, India will take the lead in the global energy transition and become a net exporter of green energy by 2050.

“Cooling the planet down will be one of the most profitable businesses and the largest of job creators over the next several decades. I am in no doubt that India will lead the global energy transition,” Adani said while addressing the World Congress of Accountants in Mumbai.

He declared that the Adani group will invest more than USD 70 billion in green energy over the following ten years, creating the most comprehensive renewable energy value chain in the world.

Adani asserted that there is little doubt that India's energy transition will be exceptional as it tries to meet its energy needs, predicting that by 2050, it will require 400% more energy units than it currently uses.

India is currently the third-largest energy consumer in the world and ranks third in the attractiveness of renewable energy.

Adani added that the marginal cost of green power is on its way to "zero" given the sharp and ongoing decline in the price of renewable energy, particularly solar power.

“The ability of this ‘zero’ cost electron to economically split a water molecule and create 100 per cent green hydrogen in the future is now certain. The combination of solar and wind power coupled with green hydrogen opens up unprecedented possibilities for India,” the Adani group chairman further added.

According to Adani, over the next 28 years, India's population will increase by 15% to 1.6 billion people, but per capita income will increase by more than 700% to roughly USD 16,000 per person. India currently has a per capita income of about 2,200 USD.

Adani expressed his confidence in India's ability to take advantage of its demographic dividend, which will boost consumption and hasten the development of a tax-paying society. He emphasised that even in 2050, India's median age will be 38 and that an unprecedented increase in demand will be caused by the rise in per capita income. As a result, both private and public spending will soar, and the amount of foreign direct investment will be at its highest.

He stated that India is anticipated to record a 15% increase and an all-time high of over USD 100 billion in FDI this year to bolster his argument.

“Such scale of investments laid the foundation for significant job expansion,” he said.

“It took us 58 years to get our first trillion dollars of GDP, 12 years to get the next trillion and just five years for the third trillion. Given the pace at which the Government has been executing a vast multitude of simultaneous social and economic reforms, I anticipate that within the next decade, India will start adding a trillion dollars to its GDP every 12 to 18 months,” he further added.

See also:
Adani Green Energy commissions 325-MW wind project in MP
India, US launch new task force for clean energy transition


According to Gautam Adani, chairman of the Adani group, India will take the lead in the global energy transition and become a net exporter of green energy by 2050. “Cooling the planet down will be one of the most profitable businesses and the largest of job creators over the next several decades. I am in no doubt that India will lead the global energy transition,” Adani said while addressing the World Congress of Accountants in Mumbai. He declared that the Adani group will invest more than USD 70 billion in green energy over the following ten years, creating the most comprehensive renewable energy value chain in the world. Adani asserted that there is little doubt that India's energy transition will be exceptional as it tries to meet its energy needs, predicting that by 2050, it will require 400% more energy units than it currently uses. India is currently the third-largest energy consumer in the world and ranks third in the attractiveness of renewable energy. Adani added that the marginal cost of green power is on its way to zero given the sharp and ongoing decline in the price of renewable energy, particularly solar power. “The ability of this ‘zero’ cost electron to economically split a water molecule and create 100 per cent green hydrogen in the future is now certain. The combination of solar and wind power coupled with green hydrogen opens up unprecedented possibilities for India,” the Adani group chairman further added. According to Adani, over the next 28 years, India's population will increase by 15% to 1.6 billion people, but per capita income will increase by more than 700% to roughly USD 16,000 per person. India currently has a per capita income of about 2,200 USD. Adani expressed his confidence in India's ability to take advantage of its demographic dividend, which will boost consumption and hasten the development of a tax-paying society. He emphasised that even in 2050, India's median age will be 38 and that an unprecedented increase in demand will be caused by the rise in per capita income. As a result, both private and public spending will soar, and the amount of foreign direct investment will be at its highest. He stated that India is anticipated to record a 15% increase and an all-time high of over USD 100 billion in FDI this year to bolster his argument. “Such scale of investments laid the foundation for significant job expansion,” he said. “It took us 58 years to get our first trillion dollars of GDP, 12 years to get the next trillion and just five years for the third trillion. Given the pace at which the Government has been executing a vast multitude of simultaneous social and economic reforms, I anticipate that within the next decade, India will start adding a trillion dollars to its GDP every 12 to 18 months,” he further added. See also: Adani Green Energy commissions 325-MW wind project in MPIndia, US launch new task force for clean energy transition

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?