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Adani Group Unveils INR 2 Lakh Crore Investment in Green Energy for Gujarat

This investment is expected to create over 1 lakh direct and indirect jobs.

January 10, 2024. By Abha Rustagi

At the Vibrant Gujarat Summit 2024, Adani Group chairman Gautam Adani disclosed the plan to invest INR 2 lakh crore in Gujarat over the next five years, focusing on green energy and renewable sectors.

This investment is expected to create over 1 lakh direct and indirect jobs, reinforcing the conglomerate's commitment to India's shift towards a cleaner and more sustainable energy future.

Adani highlighted the strategic importance of the Adani Group's visionary investment strategy, positioning the group as a key player in the global green energy revolution. The substantial financial commitment aligns seamlessly with international efforts to address climate change and emphasizes the group's dedication to leading the charge in the renewable energy ecosystem.

He emphasized the group's commitment to building a massive 30 GW capacity green energy park in Kutch, spanning 25 square kilometers, which will be visible from space.

In addition to unveiling the investment plan for Gujarat, Adani lauded India's remarkable economic growth under the leadership of Prime Minister Narendra Modi.

He revealed that the Adani Group has already spent INR 50,000 crore out of the INR 55,000 crore committed at the previous summit, surpassing targets and exceeding expectations in various sectors.

Acknowledging the success of the Gujarat Summit, Adani credited Prime Minister Modi's vision for merging grand ambition, massive scale, meticulous governance, and flawless execution.

The Vibrant Gujarat Global Summit 2024, themed "Gateway to Future," continues until January 12, serving as a global forum for business collaboration, knowledge sharing, and strategic partnerships aimed at inclusive growth and sustainable development.

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Vibrant Gujarat Summit 2024.