The Adani Group, led by Chairman Gautam Adani, announced plans to invest $10 billion in U.S. energy and infrastructure projects, with the goal of creating 15,000 jobs. Adani shared this on November 13 in a social media post, emphasizing the growing partnership between India and the United States.
Key Details of the Investment
- Investment Amount: $10 billion
- Focus: U.S. energy security and resilient infrastructure projects
- Job Creation Goal: 15,000 jobs
- Chairman’s Message: Gautam Adani congratulated Donald Trump on his presidential election victory, highlighting the strengthening ties between India and the U.S. and the Adani Group’s commitment to leveraging its expertise in these projects.
Adani did not provide specific details on the projects planned for the U.S.
Expansion in Overseas Hydroelectric Projects
In October, Reuters reported that Adani Group aims to establish 10 gigawatts of overseas hydroelectric projects in the coming years, exploring opportunities in Nepal, Bhutan, Kenya, Tanzania, the Philippines, and Vietnam. The group is primarily focused on developing pumped hydro storage in India but is also interested in countries with favorable geography and high hydropower demand.
Long-Term Commitment to Green Energy
In 2022, Adani Group announced a $100 billion investment over the next decade to expand green energy capabilities, including developing the world’s largest solar energy park in western India. This demonstrates the group’s long-term commitment to renewable energy and sustainability.
Summary Table of Adani Group’s Key Investments
Project/Investment | Details |
---|---|
U.S. Energy and Infrastructure | $10 billion, 15,000 jobs |
Overseas Hydroelectric Projects | 10 gigawatts in multiple countries |
Green Energy in India | $100 billion over 10 years |
Solar Energy Park (India) | World’s largest, in western India |
This expansion aligns with Adani Group’s global growth strategy in energy, infrastructure, and sustainability across various regions