Gautam Adani says $50-70 bn investment planned across energy chain

Billionaire Gautam Adani on Monday said his infrastructure conglomerate will invest between USD 50-70 billion in organic and inorganic growth opportunities across the entire energy value chain over the next decade.

Speaking at an industry event, he said the port-to-energy group will invest over USD 20 billion in renewable energy generation alone.

“Over the next decade, we will invest over USD 20 billion in renewable energy generation. Our overall organic and inorganic investments across the entire green energy value chain will range between USD 50 billion and 70 billion,” he said.

This will include investments with potential partners for electrolyzer manufacturing, backward integrations to secure the supply chain for our solar and wind generation businesses, and AI-based industrial cloud platforms.