Adani Group Investment in Energy Sector: Adani Group Chairman Gautam Adani said on Tuesday that his group will invest more than US $ 75 billion in the energy transition sector in the next five years. He was speaking on the 100th foundation day of the Indian Institute of Technology (Indian School of Mines), Dhanbad. Adani said that the group is building the world’s largest renewable energy park in Khavda, Gujarat, which is spread over 520 square kilometers.
There will be a big change in the energy sector
He said that this park will generate 30 GW of green energy at full capacity by 2030, which is equivalent to providing electricity to more than 6 crore houses for a year as per average consumption. So far, 10 GW capacity has been commissioned and the Group is moving towards providing the world’s lowest cost green power.
Adani said India is the world’s third-largest electricity consumer, but per capita consumption is still less than 1,400 kWh, which is half the global average, one-tenth that of the US and one-fifth that of Europe.
Referring to the global sustainability debate, he said that some international institutions question India’s ranking because the country has not set a deadline to exit coal. But the reality is that India’s per capita CO₂ emissions are only 2 tonnes, while America’s is 14 tonnes, China’s 9 tonnes and Europe’s 6 tonnes.
India’s contribution to carbon emissions is less
India’s contribution to total global emissions in the last 200 years has been only 4 percent, while Europe’s contribution is 13 percent, America’s 19 percent and China’s 20 percent. Adani said that India should choose the path according to its development needs and should not be influenced by external pressures.
He further said that India is the world’s third largest electricity consumer, but its per capita consumption is “less than 1,400 kilowatt hours per year, which is less than half the global average and one-tenth of the US and one-fifth of Europe.”
Referring to the global sustainability debate, Adani said this debate came to the fore at the 2025 COP-30, where India’s sustainability ‘ranking’ was downgraded in a report arguing that our country lacked a timeline for coal extraction and the auction of coal blocks was ongoing.
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