The Adani Group has announced plans to invest $60 billion in the renewable energy, power generation, and transmission and distribution sectors by 2032. The group’s renewable energy arm, Adani Green Energy, aims to expand its capacity from 14.2 GW in 2025 to 50 GW by 2030, with investments of over $21 billion. This includes the development of the world’s largest renewable park at Khavda in Gujarat. Additionally, Adani Energy Solutions will invest over $17 billion to scale its transmission and distribution network, targeting 30,000 km of transmission lines by 2030.
Adani Power, the country’s largest private thermal power producer, will invest $22 billion to increase its capacity from 17.6 GW in 2025 to 41.9 GW by 2032. The group notes that India is one of the world’s fastest-growing power markets, with installed capacity expected to more than double to 1,000 GW by 2032. This growth is driven by increasing demand from electric vehicles, data centers, urbanization, and industrialization, creating investment opportunities of over $500 billion across the sector.
The renewable energy sector is expected to play a significant role in meeting India’s growing power demand, with capacity projected to grow from 172 GW in 2025 to 571 GW by 2032. Solar power is expected to drive this growth, with capacity additions of over 23 GW in 2025 alone. The Adani Group believes that coal will remain a crucial part of India’s power mix, with thermal power capacity expected to rise from 247 GW in 2025 to 309 GW by 2032. The transmission network is also expected to expand, with opportunities for investment in transmission lines and other infrastructure.
Overall, the Adani Group’s investment plans reflect the significant growth opportunities in India’s power sector, driven by increasing demand and the need for renewable energy and grid infrastructure. The group’s focus on renewable energy, transmission, and distribution is expected to play a key role in shaping the country’s energy landscape in the coming years. With its ambitious investment plans, the Adani Group is poised to capitalize on the growth opportunities in the Indian power sector and contribute to the country’s transition to a more sustainable and reliable energy system.