Adani Group's ₹7 Lakh Crore Investment Unveiled: A Green Revolution in Infrastructure Led by Gautam Adani

Gautam Adani reveals a groundbreaking ₹7 lakh crore investment plan for the Adani Group after a stellar week on the stock market.

Dec 11, 2023 - 09:37
Dec 11, 2023 - 09:37
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Adani Group's ₹7 Lakh Crore Investment Unveiled: A Green Revolution in Infrastructure Led by Gautam Adani

In the wake of a record-breaking week for the Adani Group on the stock market, Gautam Adani, the multi-billionaire businessman and chairman of the conglomerate, has announced an ambitious investment plan of ₹7 lakh crore across various industries. The move aims to position the Adani Group as a leading force in the country's infrastructure sector.

Sharing the details of the green initiative on the social media platform X, Adani highlighted the diverse sectors that will benefit from the substantial investment. According to the stock exchange filings, Adani Energy Solutions outlined the plan to invest over ₹7 lakh crore in the next decade, solidifying its position as India's premier infrastructure player.

Focusing on environmental sustainability, Adani expressed his commitment to a green initiative, with an emphasis on transforming the ports business. Adani Ports and Special Economic Zone, the nation's largest seaport operator, is set to become a benchmark for carbon-neutral port operations by 2025 and achieve net-zero status by 2040. The transformation includes electrifying cranes, transitioning internal transfer vehicles from diesel to battery power, and adding 1000 MW of renewable capacity.

Adani's dedication to environmental protection extends to the expansion of mangrove plantations, targeting an impressive 5000 hectares by FY 25. Additionally, the firm is venturing into renewable energy, contributing to the development of the "world's largest green energy park" in the challenging Rann desert of Gujarat. Covering 726 sq km and visible from space, the project aims to generate 30GW to power over 20 million homes. Adani also disclosed plans for an extensive renewable energy manufacturing ecosystem for solar and wind in Karmabhoomi Mundra, just 150 km away.

Gautam Adani's vision for a greener future and substantial investment in various environmentally conscious initiatives mark a significant step towards climate stewardship and sustainable development.

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