Adani Group outlines $60 billion investment plan for India’s power sector
The Adani Group has announced plans to invest about $60 billion in India’s power sector by FY32, with major allocations across renewable energy, thermal power, and transmission and distribution.
In an investor presentation, the group detailed that Adani Green Energy Limited (AGEL) will invest $21 billion by FY30. This will expand its renewable energy capacity from 14.2 gigawatts (GW) in FY25 to 50 GW.
Adani Power is set to invest $22 billion by FY32, targeting an increase in thermal power capacity from 17.6 GW in FY25 to 41.9 GW.
Adani Energy Solutions Limited (AESL) will direct $17 billion towards expanding transmission and distribution infrastructure. Its goal is to build 30,000 km of transmission lines by FY30, up from 19,200 km as of March 31, 2025.
