In order to “reshape India’s energy footprint in an exceptional way,” Gautam Adani, chairman of the Adani Group, announced that the company will spend $70 billion in infrastructure and green energy transition projects.
“The best evidence which showcased our confidence and belief in the future is our investment of $70 billion in facilitating India’s green transition. We are already one of the world’s largest developers of solar power. Our strength in renewables will empower us enormously in the effort to make green hydrogen the fuel of the future,” he said at the annual shareholders’ meeting of Adani Enterprises, the flagship company of the group.
The group leads the race to turn India from being dependent on imported oil and gas to one day becoming a net exporter of clean energy.
