The Adani Group plans to invest USD 9 billion in manufacturing and transportation infrastructure at its green hydrogen venture in Kutch, Gujarat, according to a media report. The project aims to produce one million tonnes per annum of green hydrogen in its initial phase using water electrolysis powered by renewable energy sources.
The plan includes deploying specialized ships to export hydrogen to Europe and Asia. The project will initially use alkaline electrolyzers, with future plans to incorporate anion exchange membrane technology. This initiative is expected to create between 7,500 to 10,000 jobs and is pivotal to the Adani Group's strategic growth agenda.
Simultaneously, Adani Green Energy announced an investment of Rs 1.5 lakh crore to scale up capacity to 30 gigawatts (GW) at its Khavda renewable energy project in Kutch, Gujarat, over the next five years. The project, spanning 538 sq km, is one of the world's largest renewable energy initiatives. Currently, operations have commenced for 2GW of the planned 30GW capacity within a year of the project's initiation.
Chairman Gautam Adani highlighted the conglomerate's commitment to energy transition projects, with plans exceeding USD 100 billion (approximately Rs 835 crore) to manufacture essential components for green energy generation. This includes establishing solar parks, wind farms, and facilities for manufacturing electrolyzers, wind power turbines, and solar panels.