Adani Group to invest $75 b in energy transition over 5 years

Adani Group plans to invest $75 billion in energy transition over the next five years as the country gears up to meet green energy targets.

Gautam Adani, Group Chairman said that Jharkhand, particularly Dhanbad, holds significant potential and that the State is poised for strong growth in the coming years.

“There are tremendous opportunities in Jharkhand and Dhanbad, and the State will progress rapidly in the times ahead. People may call mining the old economy, but without it, there is no new economy,” he said.

Adani Group will invest over $75 billion in the space of energy transition over the next five years, he said.

With the first 10 GW of capacity already commissioned, Adani said the company is on track to deliver the world’s lowest-cost green energy.

The group is building the wor