WITH THE COP28 deciding to move away from fossil fuels, India Inc is gearing up for the green transition.
The UN Climate Change Conference last month also saw decisions on tripling renewable capacity, doubling energy efficiency, reducing methane emissions, phasing out coal, setting up a loss and damage fund, among others.
"In COP28, the primary commitments made were about tripling the renewable capacity and doubling the energy efficiency. I would say that Adani Green Energy (AGEL) is at the forefront of this movement and we are taking bold steps to realise these goals," said AGEL CEO Amit Singh.
"We have an operational portfolio of 8.4 GW and target to develop 45 GW RE capacity by 2030, hence, we are not aiming just three times, we are aiming beyond that,”" Singh said. The company is developing the world's largest renewable energy (RE) plant at Khavda, spread across 71,000 acre, which will further propel it towards the 2030 target. The plant will play a significant role in enabling India's target of 500 GW non-fossil fuel capacity by 2030.
Denne historien er fra January 02, 2024-utgaven av Financial Express Mumbai.
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Denne historien er fra January 02, 2024-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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