International
India's Adani Green Energy unveils $27.6 billion expansion plan
Seetao 2024-04-11 10:19
  • The plan includes investment of Rs 1.5 lakh crore in Khavda district of Gujarat, mainly for solar and wind power generation projects
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The trend of green energy development in India is strengthening, and the cooperation of government, business and the international community will push India to make greater progress in the field of renewable energy. Adani Green Energy, part of India's Adani Group, has announced a major investment programme worth Rs 2.3 trillion ($27.6 billion) aimed at significantly boosting its green energy production capacity.

The plan includes an investment of Rs 1.5 lakh crore in Khavda district of Gujarat, mainly for solar and wind power generation projects, to boost capacity from the existing 2GW to 30GW. In addition, the company also plans to invest another Rs 5,000 crore in similar renewable energy projects across the country.

This significant move by Adani Green Energy is part of its broader strategy to achieve an operational plan of 45GW by 2030, a significant increase from its current capacity of 10.9GW. The company's portfolio already includes 7.3GW of solar capacity, 1.4GW of wind capacity, and 2.1GW of combined wind-solar capacity.

Through this investment plan, Adani Green Energy will not only consolidate its position as a leader in the Indian renewable energy market, but also actively participate in the global response to climate change and inject strong momentum into sustainable development. With the rapid development of renewable energy technology and the continuous optimization of costs, this strategic initiative of Adani Green Energy undoubtedly indicates that renewable energy will occupy an increasingly core position in the future energy landscape, and become a key force to promote the transformation of energy structure and environmental protection. Editor/Xu Shengpeng


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