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Will invest over $75 bn in energy transition space in 5 yrs: Gautam Adani (Soban News)

Adani Group chairman Gautam Adani on Tuesday said the conglomerate will invest over USD 75 billion in the energy transition space over the next five years, asserting that the country must do what is best for itself, define its own development path and resist external pressures.
Speaking at the 100th foundation day of the Indian Institute of Technology (Indian School of Mines), Dhanbad, Adani said the group is building the world’s largest renewable energy park at Khavda in Gujarat, spread over 520 sq km.
“At full capacity by 2030, this park will generate 30 gw of green energy. At average household consumption, this is equivalent to powering over 60 million homes a year,” he said.
“With the first 10 GW already commissioned, we are on track to deliver the world’s lowest-cost green electron, setting a global benchmark in energy transition,” he added.
Adani said India is the world’s third-largest electricity consumer, but its per capita consumption remains “less than 1,400 kWh a year, l​Adani Group chairman Gautam Adani on Tuesday said the conglomerate will invest over USD 75 billion in the energy transition space over the next five years, asserting that the country must do what is best for itself, define its own development path and resist external pressures.
Speaking at the 100th foundation day of the Indian Institute of Technology (Indian School of Mines), Dhanbad, Adani said the group is building the world’s largest renewable energy park at Khavda in Gujarat, spread over 520 sq km.
“At full capacity by 2030, this park will generate 30 gw of green energy. At average household consumption, this is equivalent to powering over 60 million homes a year,” he said.
“With the first 10 GW already commissioned, we are on track to deliver the world’s lowest-cost green electron, setting a global benchmark in energy transition,” he added.
Adani said India is the world’s third-largest electricity consumer, but its per capita consumption remains “less than 1,400 kWh a year, l ​Latest News [ SOBAN NEWS: International and National ]

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