Team Blitz India
NEW DELHI: Adani Group will invest more than $100 billion (around Rs 835 crore) in energy transition projects and manufacturing capability, its chairman Gautam Adani said on June 19.
Besides building solar parks to produce electricity from sunlight and wind farms that do the same from wind, the conglomerate is building major facilities to manufacture electrolysers for making green hydrogen, wind power turbines and solar panels.
Green hydrogen, which is made by splitting hydrogen from water with the help of electrolysers powered by clean energy, is seen as a potential panacea for decarbonizing the industry as well as transportation.
Speaking at Infrastructure – the Catalyst for India’s Future event of Crisil, Adani Group chairman Gautam Adani said energy transition and digital infrastructure are trillion-dollar opportunities which will transform India both at a local and at a global scale.
“The next decade will see us invest more than $100 billion in the energy transition space and further expand our integrated renewable energy value chain that today already spans the manufacturing of every major component required for green energy generation,” he said.
