In a significant development, Gautam Adani, recently crowned as Asia’s richest person, declared a monumental investment of over Rs 2 trillion in Gujarat during his address at the Vibrant Gujarat Global Summit. The announcement comes as part of Adani’s vision for the state, highlighting a substantial focus on the creation of a colossal green energy park that promises to be “visible even from space”.
Gautam Adani further added that the Adani Group had committed Rs 55,000 crore during the previous summit and had already spent Rs 50,000 crore on various projects.
Sustainable energy solutions
The centerpiece of the investment is the establishment of a green energy park in Kutch, boasting an impressive 30 GW capacity sprawled over 25 square kilometres. Adani emphasized that this groundbreaking initiative would not only contribute to sustainable energy solutions but also be a landmark visible from outer space.
In addition to the green energy park, Adani detailed plans for a comprehensive green supply chain, contributing to the vision of an Atmanirbhar Bharat (self-reliant India). The Adani Group aims to create the largest integrated renewable energy ecosystem, encompassing solar panels, wind turbines, hydro electrolyzers, green ammonia, PVC, and expansions in copper and cement projects.
Generation of over 1 lakh jobs
The billionaire businessman further disclosed the group’s intention to invest over Rs 2 lakh crores in the next five years in Gujarat, a move that is anticipated to generate over one lakh direct and indirect jobs, reinforcing the commitment to economic growth and sustainability in the region.
Expressing gratitude to Prime Minister Narendra Modi, Adani commended Modi’s visionary leadership, citing his hallmark signatures, ambitious goals, meticulous governance, and flawless execution. He credited the Prime Minister for reorienting India as the world’s fastest-growing nation and positioning it as a global social champion. He credited Modi for igniting a nationwide movement that has fundamentally reshaped India’s industrial landscape.
(With inputs from PTI)