Vibrant Gujarat Summit: Adani Group To Invest Rs 2 Lakh Crore; To Create Over 1 Lakh Jobs

Vibrant Gujarat 2024: Adani Group is building a green energy park in Kutch having a 30 GW capacity spread over 25 square km which would also be visible from space, says Gautam Adani

Gautam Adani, chairman, Adani Group, at the Vibrant Gujarat Global Summit 2024, in Gandhinagar on Wednesday.

Source : Adani Group

Adani Group's Chairman Gautam Adani on Wednesday announced an investment of over Rs 2 lakh crore in Gujarat, largely in building a green energy park that would be visible even from space. Speaking at the Vibrant Gujarat Global Summit in Gandhinagar, Adani said the investment will create 1 lakh jobs. Of the Rs 55,000 crore committed at the last summit, Adani Group has already spent Rs 50,000 crore, he said.

Adani committed for further investments. The conglomerate is now building a green energy park in Kutch having a 30 GW capacity spread over 25 square kilometre which would also be visible from space. The group is also expanding green supply chains including solar panels, green ammonia, hydrogen electrolysers and wind turbines to bolster the Aatmanirbhar Bharat pitch. 

"We are constructing the world's largest green energy park in Khavda, Kutch, generating 30 GW of renewable energy over 725 square kilometres, even visible from space. We are expanding the green supply chain for an "Atmanirbhar" Bharat and creating the largest integrated renewable energy ecosystem. This includes solar panels, wind turbines, hydrogen electrolysers, green ammonia, PVC, and expansions in copper and cement production," he announced.

Adani said that the statistics of the past decade are remarkable. "Since 2014, India's GDP has grown by 185 per cent, and per capita income by a stunning 165 per cent. This achievement is unparalleled, especially considering this decade's geopolitical conflicts and pandemic challenges."

In his address, he said the Solar Alliance platform, an initiative conceptualised by Prime Minister Narendra Modi, set a benchmark for a more inclusive world order. "Adding the Global South to the G20 is a defining moment in modern history."

On Wednesday, Prime Minister Narendra Modi kicked off the 10th edition of the Vibrant Gujarat Global Summit in Gandhinagar. Global leaders like the UAE President Mohamed bin Zayed Al Nahyan and business leaders like Gautam Adani, Mukesh Ambani, and Lakshmi Mittal, among others were present at the event.