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Adani to invest up to USD 20 billion yearly for 100 GW by 2030

Adani Group has announced plans to invest between USD 15–20 billion annually over the next five years to expand its total power generation capacity to 100 GW by 2030. The company is pursuing a diversified mix of thermal, renewable, and pumped hydro energy sources to meet this goal. In 2024–25, Adani Group invested over USD 14.65 billion, with energy infrastructure emerging as a key area. The expansion is aligned with its broader strategy to strengthen…

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Adani commissions India’s first off-grid green hydrogen pilot plant

Adani New Industries Ltd (ANIL) has announced the commissioning of India’s first off-grid green hydrogen pilot plant in Kutch, Gujarat. The 5 MW facility is fully powered by solar energy and integrated with a Battery Energy Storage System (BESS), allowing it to operate independently of the grid. The plant features a fully automated, closed-loop electrolyzer system that dynamically adjusts to real-time solar inputs. This provides flexibility and efficiency, helping address renewable energy variability. The pilot…

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Adani and Bhutan’s DGPC to co-develop 5 GW hydropower projects

Adani Group has signed a memorandum of understanding (MoU) with Bhutan’s Druk Green Power Corporation (DGPC) to jointly develop 5 GW of hydropower capacity in Bhutan. This includes ongoing work on the 570/900 megawatt (MW) Wangchhu Hydropower Project. DGPC will hold a 51% majority stake in the projects, while Adani will hold the remaining 49%. Under the agreement, Adani will manage power offtake and integrate the generated power with India’s commercial power markets. This move…

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Adani Group refutes claims of PPA revocation with Sri Lanka

Adani Group has confirmed that its power purchase agreement (PPA) with the Sri Lankan government for wind power projects remains intact, countering a report by AFP that suggested its cancellation. According to Reuters, despite recent reviews by Sri Lankan authorities, the agreement involving Adani’s 484MW wind power projects in Mannar and Pooneryn is unaffected. The Sri Lankan government has been reviewing Adani’s local projects following allegations from US authorities in November 2024, claiming that Gautam…

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Adani Group joins International Copper Association

Kutch Copper Ltd, a subsidiary of Adani Group, has become a member of the International Copper Association (ICA), a global trade body representing half of the world’s copper production. Based in Mundra, Gujarat, Kutch Copper is set to build a copper smelter with an initial capacity of 0.5 million tonnes per annum (MTPA) as part of an $1.2 billion investment by Adani Enterprises. The facility will produce copper cathodes, rods, and byproducts, supporting India’s goal…

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Adani Group commits Rs 600 billion to expand power plants in Chhattisgarh

The Adani Group has committed Rs 600 billion to expand power plants in Raipur, Korba, and Raigarh, increasing its power generation capacity by 6,120 MW.  This investment was announced in a meeting with Chief Minister Vishnu Deo Sai on 12 January 2025. The plan aims to enhance the state’s industrial and social infrastructure, focusing on energy, cement, and corporate social responsibility (CSR) projects. Rs 50 billion will also be allocated to increase cement plant capacity….

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Adani Group to invest Rs 7 trillion in Rajasthan for renewable energy

Adani Group has announced plans to invest over Rs 7 trillion in Rajasthan across multiple sectors, including renewable energy.  The investment includes developing 100 GW of renewable energy capacity, aiming to create the world’s largest integrated green energy ecosystem. The projects are expected to be implemented over the next five years.

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TotalEnergies halts new investments in Adani Group amid corruption allegations

French energy company TotalEnergies has suspended new financial contributions to the Adani Group following indictments of Adani Group executives by US authorities over alleged corruption linked to Adani Green Energy Limited (AGEL). The US Securities and Exchange Commission (SEC) has accused Adani Group officials, including Gautam Adani and his nephew, of bribery in connection with a $750 million bond offering.  The allegations claim the company falsely promoted compliance with anti-bribery principles while engaging in illegal…

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Adani Group to invest USD 35 billion in renewable energy over five years

The Adani Group has announced plans to invest USD 35 billion over the next five years to establish large-scale renewable energy plants across India.  The focus will be on solar, wind, and hybrid energy systems, aiming to play a significant role in the global energy transition. Sagar Adani, Executive Director of Adani Green Energy, revealed this initiative during a CEO panel discussion at the SBI Economic Conclave. He described it as one of the world’s…

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Adani Group to supply 6,500 MW of power to MSEDCL

Adani Power and Adani Renewable Energy Fifty Five, subsidiaries of the Adani Group, have entered into agreements to supply a combined 6,500 MW of power to the Maharashtra State Electricity Distribution Company Limited (MSEDCL).  Adani Power has signed a 25-year Power Supply Agreement (PSA) to provide the state with approximately 1,500 MW of thermal power. Concurrently, Adani Renewable Energy Fifty Five, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL), has entered into a Power…