India to produce cheapest electricity from renewable resources
POWER & RENEWABLE ENERGY

India to produce cheapest electricity from renewable resources

As the cost of electricity will drop greatly, India will be the least expensive producer of renewable energy. The cost of electricity will cut down deeply once generated by renewable resources, and the country will produce the cheapest electricity from renewable resources.

Gautam Adani could own the world's largest renewable power company by 2025. Adani said he estimates the Indian economy to grow 10-fold by 2050. He also added that there would be several trillion-dollar companies in India by then and India will be generating power from renewable energy. Speaking at the TiE Global Summit, Adani saw India's GDP rising from $2.8 trillion to $28 trillion by 2050 in addition to the stock market value-adding to $30 trillion and a $10 trillion retail market. He also added that India will be home to one in every three middle-class people in the world.

Adani said that by 2050, India would contribute over 15 per cent to the global economy as the GDP is expected to be $170 to $180 trillion and the Indian GDP, which he estimates at about $28 trillion at that time. He said that he expects this to be possible as many reforms took place that lays the foundation for this to happen and accelerate their growth.

Some of the advantages by 2050, he listed out was that the expected population is to be 1.6 billion and that India will be home to the largest middle-class families. The retail segment will be worth $10 trillion. He said India will be targeted by every global company.

Assuming a CAGR of 9%, the Indian stock market would have an increased factor of 13x in the Sensex range of 600,000.

As the cost of electricity will drop greatly, India will be the least expensive producer of renewable energy. The cost of electricity will cut down deeply once generated by renewable resources, and the country will produce the cheapest electricity from renewable resources. Gautam Adani could own the world's largest renewable power company by 2025. Adani said he estimates the Indian economy to grow 10-fold by 2050. He also added that there would be several trillion-dollar companies in India by then and India will be generating power from renewable energy. Speaking at the TiE Global Summit, Adani saw India's GDP rising from $2.8 trillion to $28 trillion by 2050 in addition to the stock market value-adding to $30 trillion and a $10 trillion retail market. He also added that India will be home to one in every three middle-class people in the world. Adani said that by 2050, India would contribute over 15 per cent to the global economy as the GDP is expected to be $170 to $180 trillion and the Indian GDP, which he estimates at about $28 trillion at that time. He said that he expects this to be possible as many reforms took place that lays the foundation for this to happen and accelerate their growth. Some of the advantages by 2050, he listed out was that the expected population is to be 1.6 billion and that India will be home to the largest middle-class families. The retail segment will be worth $10 trillion. He said India will be targeted by every global company. Assuming a CAGR of 9%, the Indian stock market would have an increased factor of 13x in the Sensex range of 600,000.

Next Story
Resources

Blum Experience Centre Opens in Kanpur

Furniture fittings major Blum has expanded its presence in Uttar Pradesh with the opening of Elika by Ajanta Agencies, an authorised Blum Experience Centre in Kanpur. The centre offers homeowners, interior designers, and architects an opportunity to experience how high-quality fittings can transform comfort and functionality in modern living spaces. The experience centre showcases Blum’s signature innovations including the LEGRABOX drawer systems, SERVO-DRIVE motion technologies, SPACE STEP dual-purpose drawer and step solution, and SPACE TOWER tall pantry unit. Visitors can explore erg..

Next Story
Infrastructure Transport

Kapsch TrafficCom Opens Four New Toll Plazas in Serbia

Kapsch TrafficCom has opened four new toll plazas along Serbia’s Moravski Corridor, marking another milestone in the country’s ongoing road infrastructure development. The corridor, a 112.4 km motorway in central Serbia, links the east-west axis with the north-south corridor between Hungary and North Macedonia, connecting the A1 and A2 highways and improving access between Belgrade and the Zlatibor mountain region. Ivan Katalina, Sales Manager Balkans, Kapsch TrafficCom, said, “The implementation of the tolling systems is proceeding smoothly and on schedule. Our local expertise, com..

Next Story
Infrastructure Urban

Megaliter Varunaa Secures Rs 15 million Seed Funding for Urban Water Circularity

Hyderabad-based Megaliter Varunaa, a subsidiary of NSE-listed Banka BioLoo Limited and mentored by Brigade REAP, has raised Rs 15 million in seed capital from long-term institutional investors. The funding will accelerate project development, technology innovation, and business expansion in urban water management. Megaliter Varunaa transforms sewage treatment plants into circular water utilities through its flagship ‘Megaliter Model’—a zero-CapEx, subscription-based solution that maximises wastewater reuse for non-potable applications such as flushing, landscaping, and chiller syste..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?