Adani Group Chairman Gautam Adani said his group is planning to invest more than $100 billion in energy transition related projects. A portion of this investment will also be spent on manufacturing capabilities to produce each of the key components required for green energy production.
Gautam Adani gave this information while speaking at the 'Infrastructure – India's Future Catalyst' event organized by CRISIL on Wednesday, June 19. Meanwhile, Adani also emphasized on the immense potential that exists in India in the field of energy transition and digital infrastructure.
“Over the next decade, we will invest more than $100 billion in the energy transition and further expand our integrated renewable energy value chain, expanding the production of every key component needed for green energy production today,” he said. “
Apart from building solar parks and wind farms, the Adani Group is also setting up a plant to manufacture electrolysers, which will be used to make green hydrogen, wind energy turbines and solar panels.
Gautam Adani said India's GDP will soon start growing by $1 trillion every 12 to 18 months. With this, we will be on track to become a $30 trillion economy by 2050.
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