InvestorQ : Is it true that the Adani group is planning mega investments in the energy value chain?
Dawn Cherian made post

Is it true that the Adani group is planning mega investments in the energy value chain?

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Mitali Bhutta answered.
2 months ago
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In the side lines of the Global Investment Summit in UK, Gautam Adani has announced massive plans to invest $50-70 billion in the renewable energy value chain. These investments are likely to happen in the next 10 years and Adani has also committed that 70% of all capital outlays in the next 10 years will pertain to renewable energy.

Meanwhile, the Adani group is betting big on becoming the world's largest producers of green hydrogen. Like Reliance, Adani group is also into investing in hydrogen electrolyzers. Adani plans the world’s largest renewable portfolio by 2030, which will be combination of green energy production and other green technologies.
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