Adani Group's ₹7.5 Lakh Crore Vision for Rajasthan's Green Energy Revolution
Key Ideas
- Adani Ports and SEZ Ltd Managing Director announced a ₹7.5 lakh crore investment plan at the Rising Rajasthan Global Summit 2024, with a focus on green energy and infrastructure.
- The ambitious project includes plans for the world's largest integrated green energy ecosystem, 100 GW of renewable energy, 2 million tons of Hydrogen, and 1.8 GW of pump hydro storage in Rajasthan.
- Adani Group aims to boost employment opportunities by developing renewable energy projects, expanding cement manufacturing capacity, and upgrading infrastructure in the state.
- The summit highlighted Rajasthan's potential to become a key player in green energy and cement production, attracting global investors and policymakers to the region.
At the Rising Rajasthan Global Summit 2024 held in Jaipur, Karan Adani, the Managing Director of Adani Ports and SEZ Ltd, unveiled an ambitious investment plan of ₹7.5 lakh crore for Rajasthan. The Adani Group's vision includes investing in various sectors of the state economy, with a significant focus on green energy. Adani plans to develop the world's largest integrated green energy ecosystem in Rajasthan, involving 100 GW of renewable energy, 2 million tons of Hydrogen, and 1.8 GW of pump hydro storage. These initiatives are expected to create numerous green job opportunities in the state. In addition to renewable energy, Adani emphasized the importance of Rajasthan in the group's plans to dominate the cement industry, with the establishment of 4 new cement plants. The investment strategy aligns with Adani Group's goal of expanding its presence in core sectors like infrastructure and manufacturing. The group also aims to enhance the state's infrastructure by building a world-class facility at Jaipur Airport and developing multi-modal logistics parks. The Chief Minister of Rajasthan, Bhajanlal Sharma, highlighted the progress made in attracting investments to the state, with ₹33 lakh crore of MoUs signed under Rising Rajasthan. The summit, scheduled from 9 to 11 December, is set to showcase industrial growth and innovation in Rajasthan, attracting global investors and policymakers. With these substantial investments, Rajasthan is poised to emerge as a key player in renewable energy, cement production, and infrastructure, driving growth and employment in the region.
Topics
Investing
Infrastructure
Investment
Green Energy
Manufacturing
Employment
Cement Industry
Rajasthan
Logistics Parks
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