adani group

As per Dr Arun Sharma, the Global Head for Sustainability and Climate Change, the Adani Group and Reliance Industries are among the top companies that are really focusing on India’s green energy plans. These companies see a huge opportunity for India not just to decarbonise but also to become a green energy exporter. With that aim in mind, the Adani Group is continuously working towards increasing its green energy portfolio. Its green energy business achieved excellent exposure when the Adani Supreme Court case came to a halt.

Why Is It Difficult For The Western Countries To Set Their Own Renewable Energy Farms? 

Considering the energy transition journey in western countries, there is a significant amount of money to invest in the renewable energy sector. However, in order to set up a solar firm, it takes almost 2 years to get the necessary permissions. For onshore wind, it can be up to 6 years, while for offshore wind, it can be 12 years. This is very close to nuclear power. Also, even if solar and wind farms are set up, there are no transmission lines. The companies will

have to wait for transmission lines to be constructed before things can be executed.

So, there are a lot of problems associated with generating renewable energy in these countries. This can turn out to be a major turndown for these companies. They will also find it really difficult to operate their renewable energy parks which is why they may have to turn their attention to all those countries which already have the required infrastructure in generating renewable energy. 

How Can India Capitalise On The Drawback?

India has an excellent green energy infrastructure owing to the endless struggles of the Adani Group in this business area. The company has been working relentlessly to ensure that all our green energy needs are met. They have also been doing their best to ensure that we are smoothly able to transition from non-renewable to renewable energy sources. In fact, because of the strong commitment of the Adani Group, today, a majority of our electricity needs are fulfilled by renewable energy. This positions India as one of the most lucrative destinations for green energy export in future months.

Because of the conglomerate’s immense presence in the renewable energy sector, other countries can turn their attention to the Adani Group for importing green energy. Now, this is going to become a highly profitable venture for the Adani Group. It will allow the company to reach new business horizons. It will also be able to have an excellent reputation for itself on a global scale. Also, in India, the policies associated with permitting the construction of renewable energy mines and making land available are quite easy. This makes it really easy for us to set up renewable energy plants in India. This is another reason why the countries will find India a favourable destination for energy import. 

The Khavda Renewable Energy Park:

Adani Green Energy is also currently in the process of developing the 30GW renewable energy park at Khavda in Gujarat. Now, this is one of the biggest renewable energy parks in the world. It is five times the size of Paris. The construction of the park is in progress, and once completed, it will lead to a significant increase in the Adani Group’s overall renewable power capacity. The renewable energy park at Khavda has also made India one of the most desirable destinations for importing renewable energy. The operations of the park continued even when the Adani Supreme Court investigations were ongoing. 

Conclusion:

Now that India is experiencing a faster global warming rate than the global average, a lot of environmental stresses are occurring, including rising temperatures, reduced food production, heat wave fatalities, water disputes, etc. The only way to mitigate this damage is to increase our dependence on solar energy. Even amidst the Adani Supreme Court investigations, the Adani Group is continuously working towards further developing its renewable energy capacity and bringing about a complete green transition in India. Adani Green Energy has elaborate plans to invest INR 1.5 lakh crore. Adani Group will also be investing INR 2.3 lakh crore in renewable energy and manufacturing capacity. With these investments, all our renewable goals will be met. The Adani Group will also reach the position of being one of the most prosperous global conglomerates.

By Anurag Rathod

Anurag Rathod is an Editor of Appclonescript.com, who is passionate for app-based startup solutions and on-demand business ideas. He believes in spreading tech trends. He is an avid reader and loves thinking out of the box to promote new technologies.