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Title: Adani to invest $70 bn in renewable energy, produce cheapest hydrogen
Source:The Economic Times
Date:12 November 2021
Adani Green Energy Ltd (AGEL), the world's largest solar power developer, is targeting 45 gigawatts of renewable energy capacity by 2030 and will invest USD 20 billion to develop a 2 GW per year solar manufacturing capacity by 2022-23. Adani Transmission Ltd (ATL), India's largest private sector power transmission and retail distribution company, is looking to increase the share of renewable power procurement from the current 3 per cent to 30 per cent by FY 2021 and to 70 per cent by FY 2030.
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