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Top / Mon, 24 Jun 2024 NDTV Profit

Adani AGM 2024: Gautam Adani Identifies Sectors To Unlock $1 Trillion Value

The chairman of the ports-to-power conglomerate emphasised on embracing renewable energy value chain in his address to the shareholders. In May, Adani Green Energy Ltd. had secured $400 million in financing for its under-construction 750-megawatt solar projects in Rajasthan and Gujarat, from a group of five leading international banks. The group also recently operationalised a 30 GW single-site renewable energy park in Gujarat's Khavda. This project alone will boost the group's total renewable energy capacity to 50 GW by 2030. In his speech, Adani also touched upon green data centres required to power the artificial intelligence data centre boom.

India is unlocking markets in energy and digital sectors that can unlock $1-trillion of yet-to-be tapped value over the next decade, billionaire Gautam Adani said during the 32nd annual general meeting of Adani Enterprises Ltd. on Monday.

The chairman of the ports-to-power conglomerate emphasised on embracing renewable energy value chain in his address to the shareholders.

In May, Adani Green Energy Ltd. had secured $400 million in financing for its under-construction 750-megawatt solar projects in Rajasthan and Gujarat, from a group of five leading international banks. The company, along with Adani Energy Solutions Ltd., saw Mumbai become the first mega city with over 30% of its power consumption coming from renewables.

The group also recently operationalised a 30 GW single-site renewable energy park in Gujarat's Khavda. This project alone will boost the group's total renewable energy capacity to 50 GW by 2030.

In his speech, Adani also touched upon green data centres required to power the artificial intelligence data centre boom.

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