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Adani to invest USD 100 bn in green energy transition

New Delhi: Billionaire Gautam Adani’s group will invest USD 100 billion in green energy transition over the next 10 years across its ports, power and cement operations as it aims to become a net zero emitter by 2050.

 

The conglomerate is expanding its renewable portfolio to 45 gigawatts as well as building three giga factories to manufacture solar panels, wind turbines and hydrogen electrolysers, it said in a statement.

 

“The portfolio companies will be investing USD 100 billion over the next decade towards achieving energy transition,” it said.

 

This story is sourced from PTI.

Tags: Technology