Asia’s second richest businessman Gautam Adani has made another big announcement for the country. In the next few years, Adani is going to provide employment to 71,100 people, for which he has announced a master plan of Rs 4 lakh crore. He made this announcement during the fourth ‘Re-Invest 2024’ program. He said that by 2030 he will invest more than Rs 4 lakh crore on renewable energy projects in India, which will create thousands of jobs in the country.
Adani Group announced
Adani Group announced its big investment at the ‘Re-Invest 2024’ event and said that it will invest Rs 4,05,800 crore in renewable energy projects like solar, wind and green hydrogen. Adani Green Energy Limited (AGEL) and Adani New Industries Limited (ANIL) have committed to complete these projects by 2030. This investment is expected to bring a revolution in the field of green energy in the country.
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What is Adani’s plan?
India’s largest renewable energy company, Adani Green Energy, has set a target of achieving 50 GW of renewable energy capacity by 2030. Along with this, Adani New Industries will set up a 10 GW solar manufacturing plant, 5 GW wind manufacturing, 10 GW green hydrogen production and 5 GW electrolyser manufacturing plant. This plan will not only meet India’s energy needs but will also provide jobs to 71,100 people.
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Government’s plan on green energy
Prime Minister Narendra Modi has already taken several major decisions in the field of green energy. He has approved a Rs 7,000 crore viability gap fund scheme and Rs 12,000 crore for 31,000 MW hydro electricity production. India’s target is to produce 500 GW of renewable energy. Under the Pradhan Mantri Surya Ghar Yojana, there is also a plan to install solar panels in every house, so that people can become electricity producers. This master plan of Gautam Adani will give a new direction to India’s renewable energy sector and will further strengthen the country’s energy self-sufficiency.
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