Adani Group Will Invest $24 Billion in Gujarat for Various Projects: Gautam Adani

Gautam Adani, Adani Group chairman, announced during the Vibrant Gujarat Global Summit 2024 that the group will invest USD 24 billion in Gujarat over the next 5 years. The investment will create over 100,000 direct and indirect jobs.

Adani Group is expanding green supply chains, including solar panels, green ammonia, hydrogen electrolyzers, and wind turbines. Gautam Adani also stated that the group had already invested more than USD 6 billion across various sectors.

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The group is also constructing the world’s largest green energy plant in the Khavda district of Gujarat’s Kachch. The plant covers an area of 725 square kilometers. The Khavda renewable energy plant will have a total capacity of 30 GW.

Gujarat is already a key hub for Adani's operations, and this investment further cements its position in the state. This investment focuses on renewable energy, aligning with the growing demand for clean energy solutions and Adani's commitment to sustainability.

About the Khavda Renewable Energy Project

Advancing India's ambitious renewable energy goals, the Khavda Renewable Energy Park, situated in the expansive Rann of Kutch, Gujarat, stands as a monumental undertaking. Encompassing a staggering 726 square kilometers, it is poised to become the world's largest green energy park upon completion, harnessing the dual power of solar and wind resources.

This USD 2.26 billion project, estimated to generate a colossal 30 gigawatts of clean energy, embodies India's commitment to combating climate change and transitioning towards a sustainable future.

The Khavda project represents a pivotal moment in India's energy landscape. Its sheer scale and technological advancements are poised to not only revolutionize domestic energy production but also showcase India's leadership in the global fight against climate change. Additionally, the project is expected to create over 1 lakh jobs, boost the local economy, and foster sustainable development in the region.

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