Adani Group to invest about USD 35 bn to set up solar, wind, hybrid plants in 5 years: Sagar Adani

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Adani Group will invest about USD 35 billion over the next five years to set up large-scale solar, wind and hybrid plants across different parts of the country, Adani Green Energy Executive Director Sagar Adani said on Monday..

Adani Group is making one of the largest greenfield investments in energy sustainability and transition in the world, he added...

"We have embarked upon what I would say (is the largest greenfield development in the field of renewables by any company anywhere in the world..

So, we're investing about USD 35 billion over the next five years to set up large-scale solar, wind and hybrid plants across different parts of the country," Adani said at a CEO panel discussion on 'Role of young leaders for Viksit Bharat@2047' at an SBI-hosted economic conclave here...

Moreover, to reach a level where China is today, there is a need to add an additional 1,500 GW capacity in the country's grid, he said, adding that in the case of matching developed countries, India needs to add 2,500 to 3,000 GW...

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