Gautam Adani said, “As a group, we will invest over $100 billion of capital in the next decade. We have earmarked 70 percent of this investment for the energy transition space.”
At the Forbes Global CEO conference on Tuesday in Singapore, Adani Group Chairman and founder Gautam Adani mentioned that the Adani Group will invest $100 billion over the next decade in new energy and digital spaces, that includes data centres.
Prior to this month, Adani Group had mentioned that as a part of a $70-billion investment in clean energy, by building up three Giga factories for manufacturing solar modules, wind turbines, and hydrogen electrolyzers, by 2030.
The investment plans of Adani business in new and emerging areas have come after the investment declaration by Reliance Industries Chairman Mukesh Ambani of 2.75 trillion across the next five years in 5G services. The investment will also be seen expanding its capacities in the core oil and petrochemical business.
