News Brief

Adani Group Building 'Space-Visible' World's Largest Green Energy Park In Kutch, To Invest Rs 2 Lakh Crore in Gujarat: Gautam Adani

Kuldeep Negi

Jan 10, 2024, 11:27 AM | Updated 12:48 PM IST

Gautam Adani, Chairman, Adani Group.
Gautam Adani, Chairman, Adani Group.

Adani Group chairman Gautam Adani on Wednesday (10 January) announced an investment of Rs 55,000 crore by 2025 and over Rs 2 lakh crore over the next five years in Gujarat, creating over 1,00,000 direct and indirect jobs.

Adani made the announcement at the Vibrant Gujarat Summit in Gandhinagar.

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Speaking at the summit, Adani outlined the ambitious investment strategy that positions Adani Group as a key player in India's transition to a cleaner and more sustainable energy future.

"At the previous summit, I announced our investment of over Rs 55,000 crore by 2025. We have already surpassed Rs 50,000 crore across the various sectors I had promised and have vastly exceeded our target of 25,000 direct and indirect jobs," he said.

In attendance were Prime Minister Narendra Modi, several Union Ministers and a host of dignitaries from across the globe.

"Mr Prime Minister, you don't just think of India's future but also shape it. Under your leadership, India is on its way to becoming a fully developed nation by 2047. You have successfully put India on a global map as a major power and are making her Atmanirbhar," Adani said.

"The statistics of the past decade are remarkable: Since 2014, India's GDP has grown by 185 per cent, and per capita income by a stunning 165 per cent. This achievement is unparalleled, especially considering this decade's geopolitical conflicts and pandemic challenges," he added.

Adani said the group is now building a green energy park in Kutch with a 30 gigawatt capacity spread over 25 square kilometres which would also be visible from space.

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Kuldeep is Senior Editor (Newsroom) at Swarajya. He tweets at @kaydnegi.

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