Vibrant Gujarat Summit 2024: Gautam Adani announces ₹2 lakh crore investment in next five years
GANDHINAGAR : Adani Group chairman Gautam Adani on Wednesday announced a ₹2 lakh crore investment in Gujarat over the next five years, largely in setting up the world's largest clean energy project that will be visible even from space. The apples-to-airport conglomerate is building three giga factories for manufacturing solar modules, wind turbines and hydrogen electrolyzers. In Gujarat's Rann of Kutch desert, it is building the world's largest green energy park, covering 725 square kilometer.
It will produce 30 gigawatt of electricity from solar energy as well as set up an integrated renewable energy manufacturing ecosystem for solar and wind. "Over the next five years, Adani Group will invest over ₹2 lakh crore in Gujarat - that is USD 25 billion - thereby creating over 1 lakh direct and indirect jobs," Adani said at the 10th Vibrant Gujarat Global Summit here. 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," he said. Adani said the group has already invested over ₹50,000 crore out of the ₹55,000 crore investment committed by 2025 at the previous summit.
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