Adani Group to Invest $35 Billion in Renewable Energy Projects

Adani Group plans to allocate $35 billion over the next five years to develop extensive solar, wind, and hybrid energy projects across India, according to Adani Green Energy Executive Director, Sagar Adani. Speaking at an economic conclave hosted by SBI, Adani emphasized the scale of this initiative, describing it as one of the largest greenfield investments globally in energy transition and sustainability.

“We are undertaking the most extensive greenfield renewable energy development ever by any company, anywhere,” Adani said. The group is establishing a massive 30,000 MW renewable energy facility in Khavda, Gujarat.

Highlighting India’s energy needs, Adani explained that while the country has 500 GW of installed capacity, its per capita electricity consumption is significantly lower than the global average. Achieving parity with global standards would require adding 1,000 GW in the next 7-8 years. To match China’s capacity, India would need an additional 1,500 GW, and for developed nation benchmarks, between 2,500 and 3,000 GW.

Adani also stressed the importance of diversifying India’s energy mix, stating, “While 85% of our focus is on sustainable energy, we are also investing in conventional energy, including light coal, to meet India’s growing demand.” He highlighted the necessity of exploring nuclear energy and other alternatives as part of India’s energy strategy.

The Adani Group is a globally diversified conglomerate headquartered in India, with a strong presence in sectors such as infrastructure, energy, logistics, and agribusiness. Founded by Gautam Adani in 1988, the group has emerged as a key player in driving India’s economic growth and global competitiveness. It operates some of the world’s largest port and logistics networks, renewable energy assets, and thermal power plants.

Through its subsidiaries like Adani Green Energy, Adani Ports & SEZ, and Adani Transmission, the group is at the forefront of sustainable development, with significant investments in renewable energy and environmentally responsible projects. Known for its ambitious vision, the Adani Group continues to play a vital role in transforming India’s infrastructure landscape and supporting the nation’s transition to a low-carbon economy.