Adani Group's $75 Billion Green Energy Push Sparks Global Debate

Gautam Adani announced a $75 billion investment in energy transition, setting a global benchmark with a renewable energy park in Gujarat. He emphasized India's need to chart its own development course, amid global sustainability debates and external pressures.

Adani Group chairman, Gautam Adani, unveiled plans for a substantial $75 billion investment in the energy transition sector during a speech at the Indian Institute of Technology (Indian School of Mines), Dhanbad. The conglomerate aims to lead the charge towards sustainable energy production and consumption in India.

Central to this ambition is the construction of the world's largest renewable energy park at Khavda in Gujarat, slated to generate 30 GW of green energy by 2030, sufficient to power over 60 million homes annually. With 10 GW already operational, Adani asserts this will provide the world's lowest-cost green electron.

Emphasizing India's unique position in global energy discourse, Adani highlighted the country's lower per capita emissions against its large total output. He argued for a singular developmental path, countering global pressures to adhere to a uniform sustainability timeline.