Adani group will spend Rs 7 lakh crore in capital expenditure over the next 10 years and its billionaire chairman Gautam Adani has shared some details of the plans which will further consolidate the conglomerate’s position as infrastructure leader in India.
Adani in posts on X, formerly Twitter, has over the last few days detailed ‘green’ initiatives of the investment plan across some verticals of the apples-to-airport conglomerate.
While flagship Adani Enterprises Ltd incubates and develops new businesses spanning mining, airports, defence and aerospace, solar manufacturing, roads, metro and rail, data centres and resource management, its ports business is on a greening drive.
“By 2025, we will set a national benchmark being the only carbon-neutral port operations and be net zero for APSEZ by 2040. Our climate-friendly transformation includes electrifying all cranes, switching all diesel-based internal transfer vehicles to battery-based ITVs, and installing an additional 1000 MW of captive renewable capacity,” Adani said in a post on X.
“Our dedication to protecting the environment is also reflected in our expanding mangrove plantations, aiming for a remarkable 5000 hectares by FY 25. This is yet another step towards a greener future and further testament of our commitment to climate stewardship ,” he said.
This is alongside the fast-expanding renewable energy business.
Sharing pictures of the massive construction work in Kuch desserts in Gujarat, Adani said his group is building “the world’s largest green energy park”.
“This monumental project, covering 726 sq km in the challenging Rann desert, is visible even from space. We will generate 30GW to power over 20 million homes. Also, just 150 km away, in our Karmabhoomi Mundra, we are creating one of the globe’s most extensive and integrated renewable energy manufacturing ecosystems for solar and wind,” he said.
Continuing on the green business, he said Adani Total Gas Ltd – the group’s city gas firm – is on a “massive expansion” with “CNG and piped natural gas, compressed biogas, and e-mobility.
“We are on target for installing 75,000 EV charging stations by 2030. All of our own 50 sites are now powered by rooftop solar panels. Our operations vehicle fleet, covering 37 million km yearly, completely switched from diesel to CNG,” Adani said.
Adani group has in recent years ventured into newer businesses including data centres, cement, telecom and media.
“Adani’s #MumbaiAirport is redefining excellence in aviation! It’s now the best in Asia Pacific for Services according to ASQ, in the 40 million+ passenger category,” the chairman said in a separate post.
With the feat of handling 1,032 flights in a single day on one runway, the airport is also leading in sustainability.
Being the electricity supplier to Mumbai, Adani said group firm “Adani Electricity stands out with its green initiatives”.
“We are on course to provide 60 per cent renewable electricity to Mumbai by 2027, setting a global record for a major city. Currently, over 38 per cent of our supply is green. This Diwali, we achieved a landmark by fuelling Mumbai entirely with 100 per cent renewable energy, demonstrating our dedication to a sustainable future,” he said.
On the cement business, he said Ambuja and ACC are leading a sustainable revolution in the cement industry.
“Additionally, we are committed to powering 60 per cent of our cement production with renewable energy sources by 2028. This ambitious goal will establish us as a frontrunner in the global arena of sustainable cement production,” he added.
