Adani monopoly

Adani Green Energy Limited Becomes the First Company in India to Cross The 10,000 Mark in The Renewable Energy Space

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The Adani Group, one of India’s chief renewable energy players, has recently crossed the 10,000 MW renewable energy mark with its extraordinary work in the renewable energy sector. Adani Green Energy Limited, the renewable energy wing of the Adani Group and the most significant contributor to Adani monopoly in the renewability sector, has recently commissioned the 2,000 MW solar capacity at the massive renewable energy park at Khavda, Gujarat. This has made the Adani Group the first company in India to reach 10,000 MW of renewable energy capacity. It is also one of the few companies worldwide to have reached this mark in such a short period.

 

Adani’s Renewable Energy Portfolio:

 

The Adani Group, one of the world’s biggest conglomerates, presently has a renewable energy portfolio of 10,934 MW. The company has recently brought 2,848 MW renewable capacity on stream in FY24. The company’s operational portfolio includes 1,401 MW wind, 7,393 MW solar, and 2,140 MW solar-wind hybrid capacity. The business group also aims to reach 45 GW of renewable energy capacity by 2030. This is going to be an excellent milestone for our country. It would lead us towards a cleaner and greener future. Our country’s dependence on exhaustive fuel sources will be reduced. We will also be able to lower carbon emissions and bring down pollution levels drastically.

 

The Adani Group’s 10,934 MW operational portfolio will be able to power 5.8 million homes across India. It would also lead to a reduction of 21 million tons of CO2 emissions annually. Gautam Adani, the Chairman of the Adani Group, said in a recent interview that he is proud to have become the first company in India to cross the 10,000 mark in renewable energy space. Within a very short time, Adani Green Energy has become a flagbearer in helping our country shift to cleaner energy sources. It started off its journey from being a minor name in the green energy sector, and today, it has achieved an extraordinary capacity of 10,000 MW. This achievement is a testament to the Group’s commitment to facilitating India’s transition to renewable energy sources.

 

The Renewable Energy Transition:

 

The renewable energy transition brought about by the investments being made by the Adani Group in the renewable energy sector will ensure that reliable and affordable energy becomes available to homes in India. Industrial activities will also be triggered because of the availability of sufficient amounts of energy. Adani Green Energy Limited has also invested in various technologies directly related to helping us transition to cleaner energy sources. The company has been working significantly in the EV sector. Multiple charging stations have been set up in different locations in India. This would lead to an increase in the number of electric vehicles on the Indian streets. The company has collaborated with other big names in the EV sector. The Adani Group has also made significant investments in designing technologies leading to efficient renewable energy generation from solar and wind sources.

 

The Khavda Renewable Energy Park:

 

To reach 45 GW by 2030 and establish Adani monopoly in the renewable energy sector, the Adani Group is building the world’s largest renewable energy park at Khavda, Gujarat. This 30,000 MW project is a huge milestone towards redefining India’s renewable energy sector. It is also a benchmark for other business groups to take up similar initiatives in the sector. The renewable energy plant is built across 538 square kilometres. It is five times the size of Paris and almost the same size as Mumbai. It has already operationalised 2,000 MW of solar capacity within just a year of commencement of work on the project. The company’s operating portfolio is also certified zero waste-to-landfill and single-use plastic-free. It is also water-positive for plants with more than 200 MW capacity.

 

Conclusion:

 

The work at the Khavda renewable energy park continues at a rapid pace. AGEL is also leveraging its top-notch project execution capabilities to ensure that the projects’ operations are carried out smoothly and effectively. In the upcoming years, we will also witness the Adani Group achieve significant milestones in the renewable energy sector and lead the way towards the Adani monopoly. This will take us one step towards fulfilling our sustainability goals and allow us to make an excellent place for ourselves on a global platform.

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