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Adani Plans to Invest $75bn to Ramp Up its RE Portfolio

Adani Group is planning to invest USD 75 billion on energy transition initiatives with the aim to boost its goal to 45 GW of renewable energy (RE) capacity by 2030. The investments will be executed through Adani Green Energy (AGEL).

 

This investment in its energy transition initiatives will further strengthen the pivotal role played by AGEL in India's glide path to decarbonization. The company is committed to developing an indigenous fully integrated manufacturing ecosystem and green hydrogen solutions.

 

Adani Group's exceptional performance and contribution to the RE landscape has earned a second rank among the world's foremost solar PV developers.

 

The company has an operating renewable portfolio of 8.4 GW in India, spread across 12 states, offsetting over 41 million tonne of CO2 emissions cumulatively.

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