Reportedly, Adani Group is planning to invest approximately Rs 2.3 trillion in India’s renewable energy sector and the expansion of solar and wind manufacturing capacities by 2030.
Adani Green Energy Limited (AGEL) intends to allocate around Rs 1.5 trillion towards increasing its capacity for generating solar and wind power, particularly at the Khavda site in Gujarat’s Kutch region, aiming to raise it from 2 GW to 30 GW. Additionally, an investment of Rs 500 billion is earmarked for developing 6-7 GW of similar projects across the nation. Adani New Industries Limited plans to invest close to Rs 300 billion in expanding manufacturing capacities for solar cells and wind turbines in Mundra, Gujarat. AGEL, presently operating at 10.93 GW, aims to achieve a renewable energy capacity of 45 GW by 2030, with 30 GW slated for the Khavda project, envisioned as the world’s largest renewable energy initiative.
