The Adani Group has announced plans to invest ₹4,05,800 crore in renewable energy initiatives, including solar, wind, and green hydrogen, as part of its participation in the 4th Global Renewable Energy Investors Meet & Expo (RE-INVEST) 2024.
According to commitments submitted to the Ministry of New & Renewable Energy, the group’s companies—Adani Green Energy Ltd (AGEL) and Adani New Industries Ltd (ANIL)—aim to achieve these investment goals by 2030.
Adani Green Energy, India’s largest renewable energy provider, has committed to expanding its renewable energy capacity to 50 GW by 2030, up from its current operational capacity of 11.2 GW. Adani New Industries will establish a 10 GW solar manufacturing facility, a 5 GW wind power unit, and plans to produce 10 GW of green hydrogen, along with 0.5 million metric tons per annum (MMTPA) of green hydrogen and 2.8 MMTPA of green ammonia. Additionally, the company will build a 5 GW electrolyser manufacturing plant.
This massive investment has the potential to create 71,100 new jobs. The Group is one of India’s largest and most diversified multinational conglomerates, founded by Gautam Adani in 1988. Headquartered in Ahmedabad, the group operates across sectors including energy, infrastructure, logistics, agribusiness, and real estate.
With a significant presence in ports, power generation, renewable energy, and natural resources, the group has rapidly expanded its footprint both domestically and globally. The group is also a key player in India’s clean energy initiatives, with ambitious plans to become the world’s largest renewable energy company. Known for its massive infrastructure projects, the Group continues to shape India’s economic landscape.
