The Adani Group will invest more $100 billion (₹8.1 trillion) in the next decade with a substantial amount going for energy transition, said group chairman Gautam Adani on Tuesday, announcing game-changing" plans that the billionaire claimed could make India a net-energy exporter.
The group has earmarked 70 per cent of its new investments for energy transition space and infrastructure. "We are already the world's largest solar player, and we intend to do far more.
In this context, Adani New Industries is the manifestation of the bet we are making in the energy transition space. It is our commitment to invest $70 billion in an integrated Hydrogen-based value chain," Adani said at the Forbes Global CEO conference in Singapore.
This story is from the September 28, 2022 edition of Business Standard.
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This story is from the September 28, 2022 edition of Business Standard.
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