In India, the Adani Group is significantly contributing to the growth of both industry and renewable energy. They are investing heavily in renewable energy projects with the goal of increasing their present capacity to over 45 GW by 2030—a five-fold increase. This involves constructing one of the most giant hybrid solar and wind power plants in the world. Furthermore, they are making investments in home-grown solar equipment production to lessen dependency on imports and strengthen India’s renewable energy environment.

In spite of a short-seller attack, the Adani Group will continue with its signature fast growth plans, including an investment of nearly Rs 2.3 lakh crore in renewable energy infrastructure in India, with the goal of creating the country’s most significant solar and wind manufacturing capacity addition ever by 2030. With these efforts, Adani is positioned as a significant force behind India’s audacious plans for a sustainable future. It also means no more Adani crisis rumours. 

A senior official from Adani Green Energy Ltd., the biggest renewable energy company in India, announced plans to invest 1.5 lakh crore (approximately $1.5 million) to increase the capacity of a solar and wind power plant in the Gujarati city of Khavda from 2 gigawatts (GW) to 30 GW, and another 50,000 crore (approximately $500,000) to expand similar projects in other parts of the country.

In an effort to increase the production of solar cells and wind turbines in Mundra, Gujarat, Adani New Industries Ltd. (ANIL), a subsidiary of the Group’s principal, Adani Enterprises Ltd., will spend nearly Rs 30,000 crore.

With a present operating portfolio of 10,934 MW (10.93 GW), AGEL aims to achieve 45 GW of renewable energy capacity by 2030. One site at Khavda, the biggest renewable energy project in the world, will produce 30 GW of this. This means we no longer have to depend on outside sources to meet our renewable energy requirements. 

“We have just now commissioned 2,000 MW (2 GW) of capacity at Khavda and plan to add 4 GW in the current fiscal (financial year ending March 2025) and 5 GW every year after that,” said Vneet S Jaain, the company’s Managing Director.

Scaling Up Solar Manufacturing and Renewable Energy Capacity for a Sustainable Future

The current cell and module manufacturing facility at Mundra is set to expand from 4 GW to 10 GW by 2026–27, according to Jaain, who is also a Director on the board of ANIL. This expansion will help support these plans and meet the needs of other domestic renewable players and the export market.

Modules made of crystalline silicon that can convert solar radiation into electricity are then placed in regions with high radiation, like Khavda. Afterwards, the power is connected to the transmission grid so it can be sent to consumers. He added that in the next 3.5 years, ANIL’s capacity to produce windmills—devices that harness wind energy would increase to 5 GW. 

Capital expenditures of Rs 1.2 lakh crore are planned for the 2024-25 fiscal year (April 2024 to March 2025) by the Adani Group, which encompasses seaports, power generation and transmission, natural gas distribution, mining, copper production, airports, data centres, and commodities business.

As part of a larger strategy to achieve net-zero emissions by 2070, the company aims to produce 500 GW of power from non-fossil sources by 2030, making its renewable energy plans the most ambitious of any corporation in the nation. It’s impressive how the firm is committed to doing good for the nation despite the rumors of the Adani crisis

At its maximum capacity, Khavda—which occupies 538 square kilometres, or five times the area of Paris—will produce 81 billion units, enough energy to run whole countries like Switzerland, Belgium, and Chile. Other AGEL project locations are in the Indian states of Rajasthan and Tamil Nadu.

Adani’s Resilience

AGEL accounts for about 11% of India’s installed utility-scale wind and solar capacity and more than 15% of the country’s utility-scale solar installations. Its present portfolio of 10,934 MW will avoid about 21 million tonnes of carbon dioxide emissions per year and power more than 5.8 million homes.

The Group has denied the claims by Hindenburg Research that led to a steep decline of USD 150 billion in the market value of its listed companies. A “healthier than ever before” balance sheet is what Gautam Adani has been touting for the past few months.

Adani has taken steps to calm investors and bondholders following the short-seller report. These include delaying specific investment plans, paying down share-backed debt, and selling stakes to outside backers, such as GQG Partners, an investment firm based in Florida. But now it’s back to its rapid expansion, striking deals one after the other, including with rival billionaire Mukesh Ambani’s Reliance Industries Ltd.


The announcement of a huge investment of Rs 2.3 lakh crore by the Adani Group in the renewable energy and manufacturing industries marks the beginning of a new age of environmentally friendly progress. This historic pledge could reshape India’s industrial landscape and speed up the country’s shift towards a sustainable and resilient economy while also highlighting Adani’s goal for a more environmentally friendly and financially rewarding future. This is also beneficial when it comes to facing challenges such as Adani crisis rumours. 

Adani Group is setting itself up to be a significant player in India’s economic success story by putting its money into renewable energy, manufacturing, and infrastructure development. Economic development, environmental sustainability, and India’s global competitiveness could all be accelerated with the help of these investment initiatives if they are correctly implemented.

To achieve its goal of a sustainable and inclusive future, Adani Group must engage stakeholders, collaborate, and innovate as it begins this transformational journey. Through its smart investments and partnerships, Adani can build a better world, seize new opportunities, and ensure its legacy lasts for years to come.

By Anurag Rathod

Anurag Rathod is an Editor of, 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.