The group’s $70 billion investment in the new energy business will transform India from a net importer of oil to an exporter of green hydrogen, says the chairman of the Adani Group.
The group’s $70 billion investment in the new energy business will transform India from a net importer of oil to an exporter of green hydrogen, says the chairman of the Adani Group.
Adani Group Chairman, Gautam Adani on Tuesday, July 26, 2022 said that his port-to-energy group has never slowed down or shied away from investing in India as the group’s growth aligns with the country’s growth story.
Speaking at the group’s annual shareholders’ meeting, Mr. Adani said that the group is investing in 70 billion USD in a new energy business Which will transform India from a net importer of oil to an exporter of green hydrogen.
“We have never slowed down or put off investment in India,” he said, adding that the group believes its success is based on its alignment with India’s growth story.
Mr. Adani said that the group is now the largest airport operator in the country and has forayed into the cement business. Holcim’s acquisition,