AEL to invest Rs 55,000 crore in new energy

Adani Enterprises (AEL), the Adani Group’s flagship firm, has projected a capital investment of more than Rs 55,000 crore in the new energy, airport, and road sectors over the next several years, according to the company.

Adani New Industries (ANIL) is a recently founded firm that specialises in renewable energy. ANIL, which focuses on the production of green hydrogen as well as downstream goods, green energy generation, electrolyzer manufacturing, and wind turbine manufacturing, would invest roughly Rs 20,000 crore.

This investment will be part of the group’s USD 50 billion green energy investment plan, which will be implemented over the next nine to ten years.

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