Gautam Adani has planned an investment of $ 60 billion in the power sector.
Gautam Adani is now busy strengthening his position in every sector. This is the reason why they are also investing thick in every sector. Now he has planned to invest thick in power sector, especially renewable energy. According to the information, the Adani Group, led by Asia’s richest businessman Gautam Adani, is planning to invest in the power sector, especially in renewable energy, production and transmission/distribution, about 60 billion US dollars i.e. 5.30 lakh crore rupees. Let us also tell you what kind of information has been given by the group.
Presentation of Adani Power
In an investor presentation, Adani Power said that the group is planning to invest US $ 21 billion by fiscal year 2029-30 to increase renewable energy capacity from 14.2 ggawatts of 2024-25 to 50 ggawatts. Adani Green Energy Limited (AGEL), a unit of Adani Group, develops, construction, ownership, operation and maintenance of solar and wind energy projects associated with utility-scale grid. The group will invest US $ 17 billion in the construction of transmission and distribution capacity through the Group Adani Energy Solutions Limited (AESL). AESL is a multidimensional organization that has appearance in various segments of energy sector such as electric transmission, distribution, smart metering and cooling solutions.
Planning of transmission line
The company is planning to set up a 30,000 km long transmission line to meet India’s growing energy needs by FY 2029-30. It was 19,200 km till 31 March, 2025. The group is planning to invest US $ 22 billion through Adani Power by FY 2031-32 to increase it from 17.6 GWing to 41.9 GW of 2024-25 to 41.9 GW. Adani Power is India’s largest private thermal power producer company. Its capabilities are spread over Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, Jharkhand and Tamil Nadu and have a 40 MW solar power project in Gujarat.
How big is the power sector
The Adani Group said that India is one of the fastest growing power markets in the world, where the total established capacity is expected to increase from the annual rate (CAGR) of 11 percent to the 475 GW of 2024-25 to 1,000 GW from 2031-32 to 2031-32. The sector offers an investment opportunities of over US $ 500 billion. In the field of renewable energy, India ranks fourth globally with a total renewable energy capacity of 172 GW. The sector provides an investment opportunities of more than US $ 300 billion by FY 2031-32 and can reach the level of 571 GW.
Prospects in thermal power
Thermal power capacity is expected to reach 309 GW from 247 GW of FY 2024-25 to 2031-32, while by 2031-32 80 gWing additional coal capacity is required. The sector offers an investment opportunities of US $ 91 billion. Adani Power said that coal remains the backbone of power generation of India amidst increasing demand and changes in renewable energy and provides stable, large -scale supply. This is important to meet the increasing maximum demand.