Adani Group's $75 Billion Energy Transition Investment: Powering the Future of Green Technology and Critical Minerals

Adani Chairman emphasized the critical importance of minerals in the global energy transition.

Dhanbad:

On Tuesday, Gautam Adani, Chairman of the Adani Group, revealed plans to invest more than USD 75 billion in energy transition initiatives over the next five years.

During his address at IIT (ISM) Dhanbad's centenary celebration, Adani stated, "You are graduating into an era of unprecedented opportunity, where the global green energy transition represents the largest industry of our time, worth multiple trillion dollars in the coming decades. This transition will drive electricity-based manufacturing, green steel, green fertilizers, hydrogen ecosystems, and critical infrastructure supporting AI and digital economies, which is why we're committing over USD 75 billion to energy transition in the next five years."

Adani also showcased the group's infrastructure developments, highlighting the construction of the world's largest renewable energy park at Khavda in Gujarat, which extends across 520 square kilometers.

With the initial 10 GW capacity already operational, the Adani Group Chairman confirmed they are positioned to deliver the world's most cost-effective green electron, establishing what he described as a global benchmark in energy transition.

He elaborated that by 2030, when operating at full capacity, the Khavda park will generate 30 GW of green energy, sufficient to power over 60 million Indian households annually.

The Adani Chairman further emphasized the strategic significance of critical minerals, explaining that resources such as rare earths, lithium, copper, silicon, and uranium are fundamental to both the global clean-energy transition and the advancement of cutting-edge technologies.

Highlighting mining's essential role, he observed that every AI chip, hyperscale cloud system, and neural engine depends on materials extracted from the earth, challenging the perception of mining as an outdated industry.

He continued, "Rare earths, without which no magnet turns and no wind turbine spins. Lithium, without which batteries remain empty, and EVs remain stationary. Copper, without which electrons lose their highways. Silicon, without which sunlight cannot be harvested. Uranium, without which baseload for a net-zero civilization is a dream. And the most remarkable truth of our era is that every AI chip that computes, every hyperscale cloud that connects, and every neural engine that learns all trace their origins back to the depths of Mother Earth."

"While some may categorize mining as part of the old economy, I maintain that without you, there is no new economy," he declared.

Adani additionally asserted that minerals and earth sciences represent emerging frontiers of national capability, sovereignty, and sustainability for India.

"This is precisely why I firmly believe that mining, minerals, and earth sciences now constitute the new frontiers of sovereignty, sustainability, and Bharat's national capability," the Adani Group Chairman concluded.