Adani Group to invest US$ 70 billion in green energy, infra: Mr. Gautam Adani
- IBEF
- July 27, 2022
The Adani Group will invest US$ 70 billion in green energy transition and infrastructure projects, said Mr. Gautam Adani, Chairman, Adani Group. The group is in the race to make India less reliant on foreign oil and gas imports and eventually a net exporter of sustainable energy.
We now have a sizable global portfolio of renewable energy sources, but during the past 12 months, we have also achieved outstanding success in a number of other areas, said Mr. Adani.
The company has also entered into sectors such as data centres, digital super applications, industrial clouds, metals, and minerals, all of which are in line with the government's vision of an Atmanirbhar Bharat, added Mr. Adani.
Adani Group is building India's infrastructure, winning some of the largest road contracts and growing its market share in business such as ports, logistics, transmission and distribution, city gas, and piped natural gas. Following the acquisition of Holcim’s assets in India that include two of the most recognised brand names across the country – ACC and Ambuja Cements, the company is now the second largest cement manufacturer in India.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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