Business

Adani Group Steps Up Green Power Push As India’s Energy Demand Accelerates

In December 2025, Adani Group Chairman Gautam Adani stood amid the vast expanse of the Great Rann of Kutch in Gujarat.

The stark landscape marked the site of one of India’s most ambitious renewable energy projects.

The visit underscored a clear strategy focused on scale, speed and execution as India’s energy needs continue to grow.

India faces a mounting energy challenge. With the world’s second-largest population and a rapidly expanding economy, power demand is rising steadily.

Peak electricity demand, estimated at around 250 gigawatts (GW) in FY2025, is to climb to nearly 388 GW by FY2032.

According to the International Energy Agency, India’s energy consumption will grow 1.5 times faster than the global average over the next three decades.

Meeting this demand while cutting carbon emissions requires rapid and reliable scaling of renewable energy.

Power demand is likely to rise by 25–35 per cent by 2030, making clean energy central to India’s growth story.

Government policy has created the framework, but private sector participation has driven execution through capital, efficiency and technical expertise.

The Great Rann of Kutch exemplifies this approach. The site will host a renewable energy park that can generate around 20 GW of wind and solar power.

Industry experts increasingly view large contiguous parks like this as the most efficient route to decarbonisation, as they deliver competitive tariffs and global-scale viability.

The Adani Group has pledged investments of up to $75 billion over five years to accelerate India’s clean energy transition.

This long-term commitment reflects confidence in both India’s demand growth and policy stability.

In 2025 alone, India recorded its highest-ever annual renewable capacity addition, with over 44 GW added by November and total renewable capacity nearing 254 GW.

Gautam Adani was speaking at IIT (ISM) Dhanbad in December. He noted that India has already crossed a key milestone. More than 50 per cent of its installed electricity capacity is now sourced from non-fossil fuels, five years ahead of the 2030 Paris Agreement timeline.

Through Adani Green Energy Limited (AGEL), the Group has built one of the world’s fastest-growing renewable portfolios.

Since entering the sector in 2016, AGEL’s operational capacity has crossed 17 GW. This makes it India’s largest renewable energy company and one of the global top 10.

In the first half of FY2026 alone, AGEL added 2.4 GW, the highest by any industry player.

The centrepiece of this expansion is the Khavda project in Gujarat. With a planned capacity of 30 GW, it is also expected to become the world’s largest power plant across all energy sources.

Over 8 GW is already operational, with completion targeted by 2029.

As renewable penetration rises, energy storage becomes critical. AGEL is developing a 1,126 MW/3,530 MWh battery energy storage system, expected to be commissioned by March 2026.

The company plans to add 50 GWh of battery storage over the next five years, alongside more than 5 GW of pumped hydro storage by 2030.

Manufacturing integration further strengthens the strategy. Through Adani New Industries Limited, the Group has established a vertically integrated solar and wind manufacturing base in Mundra, Gujarat. This has expanded domestic capacity and improved supply resilience.

India’s power demand is rising due to urbanisation and industrial growth. Large-scale and integrated renewable models such as this are therefore becoming increasingly important. They will play a decisive role in shaping a clean and reliable energy future.

Anamika Agarwala

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