Adani group planning to invest $70 billion to become world's largest renewable company
12th Nov 2021

Adani group is planning to invest $70 billion over the next decade to become the world's largest renewable energy company and produce the cheapest hydrogen on the Earth. Adani Green Energy (AGEL), the world's largest solar power developer, is targeting 45 gigawatts of renewable energy capacity by 2030 and will invest $20 billion to develop a 2 GW per year solar manufacturing capacity by 2022-23.

Adani Transmission (ATL), India's largest private sector power transmission and retail distribution company, is looking to increase the share of renewable power procurement from the current 3 per cent to 30 per cent by FY 2023 and to 70 per cent by FY 2030. Adani Group already is the world's largest solar power developer.

Adani Enterprises (AEL) is the flagship company of Adani Group, one of India’s largest multi-infrastructure organisations. Over the years, Adani Enterprises has focused on building emerging infrastructure businesses, contributing to nation-building and divesting them into separate listed entities.