Adani Group Announces $100-Billion Investment In Green Energy And Digital Infrastructure2Photo© ndtv.com

Adani Group Announces $100-Billion Investment In Green Energy And Digital Infrastructure

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Adani Group is set to invest over $100 billion (approximately Rs 8.34 lakh crore) in energy transition projects and manufacturing capabilities, aiming to produce every major component required for green energy generation, Chairman Gautam Adani announced on Wednesday.

At the "Infrastructure - the Catalyst for India's Future" event hosted by Crisil, Adani detailed the conglomerate's ambitious plans, which include the development of solar parks and wind farms. Additionally, the Group is building facilities to manufacture electrolyzers for green hydrogen production, wind power turbines, and solar panels.

"Energy transition and digital infrastructure are trillion-dollar opportunities poised to transform India on both local and global scales," Adani stated. "The next decade will see us invest more than $100 billion in the energy transition space, expanding our integrated renewable energy value chain."