Big gamble by Gautam Adani, as Adani Group set to invest Rs 844124765000 in energy, infrastructure projects in….
GH News November 14, 2024 01:06 PM
Gautam Adani Chairman of the Adani Group announced a significant investment of $10 billion in US energy security and infrastructure projects. The announcement made via a post on the social media platform X (formerly Twitter) highlighted the companys commitment to advancing energy security in the United States. According to Adani these projects are expected to generate up to 15000 jobs though he did not specify a timeline for the investment.
Billionaire Gautam Adani on Wednesday committed to investing USD 10 billion in energy and infrastructure projects in the United States.
Congratulations to @realDonaldTrump he posted on X congratulating the incoming US President.
As the partnership between India and the United States deepens the Adani Group is committed to leveraging its global expertise and invest $10 billion in US energy security and resilient infrastructure projects aiming to create up to 15000 jobs.
https://x.com/gautam_adani/status/1856679498311184665
He however did not give the time period or details of the projects that his ports-to-energy conglomerate will be pursuing in the US.
Visit to Adanis Renewable Energy and Manufacturing Facilities
The ambassadors also visited Indias largest port and industrial hub at Mundra where they explored the Adani Groups state-of-the-art manufacturing facilities. These include photovoltaic panel and wind turbine production units that are central to Adanis renewable energy strategy. This visit shows Adani Groups commitment to expanding its renewable energy portfolio with a goal of achieving 45 GW of renewable energy capacity by 2030. This aligns with Indias broader decarbonization and sustainable energy goals.
It was a privilege to host the ambassadors from the EU Belgium Denmark and Germany at our office said Gautam Adani in a social media post. Our discussions were insightful focusing on strengthening global partnerships to accelerate Indias energy transition and the growth of the hydrogen ecosystem.
Adani Strengthening Global Energy Partnerships
Earlier in the day Adani hosted a delegation of four European Union ambassadors including those from Germany Denmark Belgium and the EU to showcase the Adani Groups extensive renewable energy operations in Gujarat India.
The diplomats were given an exclusive tour of the Khavda Renewable Energy Park set to be the worlds largest renewable energy park upon completion with a planned capacity of 30 GW. The park located in Khavda will encompass both solar and wind energy projects covering an area more than five times the size of Paris.
(With Inputs From PTI)