Hyderabad: The Adani Group will invest $60 billion (₹5.34 lakh crore) over the next seven years in electricity production, renewable energy, and transmission-distribution. The plan aims to meet India’s rising power demand and strengthen energy self-reliance.
Adani Group focuses on renewable expansion
Adani Green Energy Limited (AGEL) will drive the renewable push, with $21 billion (₹1.85 lakh crore) set aside for expansion. AGEL plans to raise its renewable capacity from 14.2 gigawatts to 50 gigawatts by FY2030. The company develops and manages large-scale solar and wind projects linked to national grids.
The group stated that these investments will meet India’s growing electricity demand and support the clean energy transition.