Adani Group looks to invest $60 bn in power, RE sectors till FY32

Gautam Adani-led Adani Group is committing USD 60 billion to India’s power sector by FY32, prioritizing renewable generation and scaled-up transmission infrastructure. The group’s plans include expanding its renewable energy footprint to 50 GW and building 30,000 km of transmission lines to reinforce the country’s energy network.

Key Takeaways:

  • Adani Group plans a USD 60 billion investment in power by FY32
  • A USD 21 billion allocation will boost renewable capacity to 50 GW from 14.2 GW
  • Adani Green Energy Ltd leads large-scale solar and wind farm projects
  • USD 17 billion targets critical transmission and distribution upgrades
  • Transmission lines will increase from 19,200 km to 30,000 km by FY30

Adani’s Major Investment Plans

Industrialist Gautam Adani’s conglomerate, the Adani Group, has announced a plan to invest around USD 60 billion in India’s power sector through Fiscal Year 2032. This forward-looking strategy is intended to bolster the nation’s electricity generation, particularly from renewable sources, while also ensuring a robust transmission and distribution network to carry it.

Renewable Energy Ambitions

In an investor presentation, Adani Power revealed a USD 21 billion drive by FY30 to raise the group’s renewable energy capacity from 14.2 GW as of FY25 to 50 GW. This expansion is handled primarily by Adani Green Energy Ltd (AGEL), which designs, develops, and maintains utility-scale solar and wind farm projects. By focusing on clean energy, the Adani Group underscores its commitment to more sustainable and environmentally friendly solutions for India’s power demands.

Strengthening Transmission and Distribution

A complementary part of the USD 60 billion commitment is USD 17 billion dedicated to building out transmission and distribution capabilities. This effort is being led by Adani Energy Solutions Ltd (AESL), which will oversee the growth of the company’s transmission lines from 19,200 km as of March 31, 2025, to an ambitious 30,000 km by FY30. AESL’s portfolio includes power transmission, distribution, smart metering, and cooling solutions, playing a critical role in delivering reliable electricity across the country.

Driving India’s Energy Future

By fortifying the backbone of India’s energy system, Adani Group aims to match the country’s rising electricity demands and facilitate a vital shift toward greener power sources. As the group pursues an extensive agenda of generation, distribution, and transmission upgrades, its investments symbolize a significant contribution to India’s evolving energy landscape.