New Delhi: Billionaire Gautam Adani’s group will invest $100 billion (Rs 8.33 lakh crore) in green energy transition over the next 10 years across its ports, power and cement operations as it aims to become a net zero emitter by 2050.
The conglomerate is expanding its renewable portfolio to 45 gigawatts (GW) as well as building three giga factories to manufacture solar panels, wind turbines and hydrogen electrolysers, the Adani group said in a statement.
“The portfolio companies will be investing $100 billion over the next decade towards achieving energy transition,” it said.