Adani Group will invest $ 60 billion in power sector by 2032 – know full details
Gautam Adani-led Adani Group is planning to invest $ 60 billion in India’s power and renewable energy sector by FY 2032. The company said in its investor presentation that this investment will be made through several of its companies and this step has been taken in view of the possibilities of India’s rapidly growing electricity market.
According to the group’s plan, Adani Green Energy (AGEL) will invest $ 21 billion by 2030. Its target is to increase the capacity of renewable energy from 14.2 GW in FY25 to 50 GW by FY 2030. At the same time, Adani Power will invest $ 22 billion by 2032 and increase its capacity from 17.6 GW in FY 2025 to 41.9 GW.
Transmission and Distribution
Adani Energy Solutions Limited (AESL) will invest $17 billion and aims to build 30,000 km of transmission lines by FY30, up from 19,200 km as of March 2025. India’s total installed power capacity is projected to grow from 475 GW in FY25 to 1,000 GW by FY32, at a CAGR of 11 per cent.