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Home Breaking News

Adani Group to invest Rs 2 lakh cr in Gujarat; to set up clean energy project visible from space

by NavJeevan
1 year ago
in Breaking News, Business, Energy, energy/power, Gandhinagar, National
Reading Time: 2 mins read
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Adani Group to invest Rs 2 lakh cr in Gujarat; to set up clean energy project visible from space

Adani Group to invest Rs 2 lakh cr in Gujarat; to set up clean energy project visible from space. COURTESY: ADANI

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R ARIVANANTHAM
GANDHINAGAR, JAN 10

Heaping praise on Prime Minister Narendra Modi’s visionary leadership, Adani Group chief  Gautam Adani said, “You have taken us from a country seeking a voice on global platforms to a nation that now creates the global platforms.”

Gautam Adani, on Wednesday, announced that Adani Group will invest 2 lakh crore in Gujarat over the next five years, largely for setting up the world’s largest clean energy project that will be visible even from space.

  • With your foresight in harnessing India’s youth to build a Vikshit Bharat (Developed India) and make India a fully developed nation by 2047, you have ensured that the India of today is poised to shape the global future of tomorrow: Adani
  • Our group has already invested over Rs 50,000 crore out of the Rs 55,000 crore investment committed by 2025 at the previous summit: Gautam Adani

“Over the next five years, Adani Group will invest over Rs 2 lakh crore in Gujarat, thereby creating over 1 lakh direct and indirect jobs,” Adani said at the 10th Vibrant Gujarat Global Summit in Gandhinagar.

The group is “constructing the world’s largest green energy park in Khavda, Kutch, generating 30 GW of renewable energy over 725 sq km, even visible from space,” he said.

The building blocks of the green supply chain will create the largest integrated renewable energy ecosystem. “This includes solar panels, wind turbines, hydrogen electrolysers, green ammonia, PVC, and expansions in copper and cement production,” Adani said.

The chairman of Adani Group said the group has already invested over Rs 50,000 crore out of the Rs 55,000 crore investment committed by 2025 at the previous summit.

Hailing India’s growth, he said since 2014, India’s GDP has grown by 185 per cent, and per capita income by 165 per cent. “This achievement is unparalleled, especially considering this decade’s geopolitical conflicts and pandemic challenges.”

“The solar alliance platform, an initiative you conceptualised, and your leadership at the G20 platform, set a benchmark for a more inclusive world order. Adding Global South to the G20 is a defining moment in modern history,” he said. “Prime minister, you don’t just predict the future, you shape it.” Adani said PM Modi reoriented India to becoming the world’s fastest-growing nation. “And the best is yet to come,” he added.

“With your foresight in harnessing India’s youth to build a Vikshit Bharat (Developed India) and make India a fully developed nation by 2047, you have ensured that the India of today is poised to shape the global future of tomorrow,” Adani added.

Noting that he had been part of every Vibrant Gujarat Summit since the biennial event was conceived two decades back, he said the summit is a “stunning manifestation” of PM Modi’s “extraordinary vision.”

“It has all your hallmark signatures, merging grand ambitions, massive scale, meticulous governance, and flawless execution.”

Tags: Adani Groupclean energy projectGautam AdaniGujaratinvestRs 2 lakh crVGGSVibrant Gujarat Global Summit 2024visible from space
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