Explorer

'World's Lowest-Cost Green Power': Adani Unveils USD 75 Billion Energy Transition Blueprint

Gautam Adani has announced a USD 75 billion investment in India’s energy transition, citing plans for the world’s largest renewable park and urging India to define its own climate path.

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, less than half the global average, one-tenth of America, and one-fifth of Europe."

Referring to the global sustainability debate, Adani said, "This narrative surfaced at the 2025 COP-30, where a report downgraded India’s sustainability ranking, arguing that our nation lacks a coal-exit timeline and continues to auction coal blocks."

"Yes, we rank third in total CO₂ emitted. But per capita, our people emit under 2 tonnes — compared to 14 tonnes in the US, 9 tonnes in China and 6 tonnes in Europe," he said.

"In 200 years of industrial activity, our country has contributed just 4 per cent of cumulative global emissions, against 13 per cent from Europe, 19 per cent from the US and 20 per cent from China," he added.

(This report has been published as part of the auto-generated syndicate wire feed. Apart from the headline, no editing has been done in the copy by ABP Live)

Top Headlines

Bank Holidays This Week (August 10-16): SBI, HDFC, ICICI, PNB To Remain Closed On These Days
Bank Holidays August 10-16: Banks To Be Closed On These Dates, Check State-Wise List
100% US Tariff Threat: India's Exporters Brace For Fresh Trade Shock Over Russian Oil
India's US Exports Face Fresh Tariff Threat; What The 100% Duty Proposal Means
E20 Petrol Contamination Concerns: Ministry Says Fuel Is Safe, Tests Show Chloride Within Limits
E20 Petrol Contamination Concerns: Ministry Says Fuel Is Safe, Tests Show Chloride Within Limits
New Bajaj Pulsar N160 S, N160 SS First Look: More Power, New Features
New Bajaj Pulsar N160 S, N160 SS First Look: More Power, New Features

Videos

Jharkhand: Jharkhand Government Holds Third Round of Talks With Student Groups Ahead of Assembly Gherao
Iran: New Video of Iran’s Mustafa Khamenei Raises Fresh Questions Over His Health
Uttar Pradesh Politics: Yogi Government Launches ‘Mission Gen-Z’ Ahead of 2027 UP Assembly Elections
Aviation: Air India Turbulence Incident Under DGCA Probe, Captain’s Drug Test Reportedly Being Examined
Jharkhand Politics: BJP Claims Rahul Gandhi Pressuring Hemant Soren Over JPSC-JSSC Row

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget