Adani Group plans ₹75,000 cr CAPEX for renewables
after close1 source ↓written by the desknot a recommendation
- in capital expenditure
- ₹75,000 crore
- in renewable capacity
- 50 GW
- supported
- 21.8 GW pipeline
- 42% YoY energy sales growth
The Adani Group is set to invest ₹75,000 crore in capital expenditure, primarily through Adani Ports & Special Economic Zone Ltd (APSEZ), aiming for 1 billion tonnes capacity by 2030. Concurrently, Adani Green Energy Ltd (AGEL) targets 50 GW in renewable capacity, supported by a 21.8 GW pipeline and 42% YoY energy sales growth. This expansion underscores the Group's commitment to enhancing its infrastructure and renewable energy footprint in India.
Not investment advice. For informational purposes only.