Energy transition: Adani Group commits 70% capex until 2030

Adani Group has revealed its plans to invest over USD 50-70 billion in renewable energy value chain over the next decade and the group firms have committed 70 per cent of planned capex until 2030 to the energy transition.

Addressing business leaders on the sidelines of the UK’s Global Investment Summit at the London Science Museum, the group’s chairman Gautam Adani  made a plea for equitable and pragmatic policies in the battle against climate change and recommended setting practical goals and agendas.

He said hydrogen is a game-changer and the group’s green energy portfolio will expand to become one of the world’s largest green hydrogen producers.

“Green policies and climate action not based on equitable growth will struggle in the long run,” he added.

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