Adani Group intends to make all its port operations carbon-neutral by 2025 and net-zero by 2040, chairman Gautam Adani said in a tweet on Friday.
“Our climate-friendly transformation includes electrifying all cranes, switching all diesel-based internal transfer vehicles to battery-based internal transfer vehicles (ITVs), and installing an additional 1000 MW of captive renewable capacity,” he said.
The group conducts its port operations through Adani Ports and Special Economic Zone (APSEZ), which is India’s largest port developer and operator.
“Our dedication to protecting the environment is also reflected in our expanding mangrove plantations, aiming for a remarkable 5,000 hectare by FY25. This is yet another step towards a greener future and further testament of our commitment to climate stewardship,” he added.
The tweets were against the backdrop of COP28, which is underway in UAE.
On Thursday, Adani said the group’s cement firms will power 60% of its production with renewable energy sources by 2028. “This significant shift not only enhances the environmental footprint of our cement but also marks a substantial step towards sustainability,” he added.
At present, Ambuja Cements and ACC have a combined installed production capacity of 67 MTPA, which is expected to rise to 100 MTPA by 2025, which would include its acquisition of Sanghi Cement.
In August, Ambuja Cements entered into an agreement to acquire a 56.74% stake in Sanghi Industries at an enterprise value of Rs 5,185 crore.