Adani spending plan intact despite West Asia conflict

GROUP PLANS TO SPEND ₹2 LAKH CR EACH YEAR TILL 2030

- DEV CHATTERJEE

ADANI GROUP WILL invest over ₹2 lakh crore each year till 2030 across renewable energy, baseload power and transmission, forming the backbone of a broader infrastructure push spanning ports, airports, roads, cement and datacentres despite the raging war in West Asia, top officials said.

Karan Adani, managing director of Adani Ports & SEZ, said India needs a highly diversified mix: solar, wind, advanced battery storage, green hydrogen and cleaner coal, and hence, to supply steady, round-the-clock electricity, the group is investing another ₹2 lakh crore to build 42 GW of reliable baseload power by 2030.