Green Power Play: Adani Puts $75 Billion on the Table

Adani Group Chairman Gautam Adani has announced that the company will invest over USD 75 billion in the energy transition sector over the next five years.

Speaking at the centenary celebrations of the Indian Institute of Technology (ISM) Dhanbad, he noted that the global shift toward green energy is emerging as one of the largest industries of the future, expected to be worth several trillion dollars in the coming decades. He highlighted that this transition will catalyse major advancements in areas such as green steel, hydrogen ecosystems, and electricity-driven manufacturing.

Adani also underscored India’s rapid progress in clean energy, stating that more than 50% of the nation’s electricity now comes from non-fossil sources—achieved five years ahead of target. He further emphasised India’s leadership in executing the world’s fastest energy transition, despite ongoing criticism over continued coal block auctions.

News by Rahul Yelligetti.