Adani Group Chairman Gautam Adani has announced the company’s commitment to invest over USD 75 billion in the energy transition sector over the next five years.

Speaking at the 100th anniversary of the Indian Institute of Technology (ISM) Dhanbad, he emphasised that the global green energy transition is becoming one of the largest industries of our time, worth several trillion dollars in the coming decades. The transition would drive key developments in sectors like green steel, hydrogen ecosystems, and electricity-based manufacturing.

More than 50 percent of the country’s electricity generation now comes from non-fossil sources, achieving a significant milestone five years ahead of schedule. He also pointed out India’s leadership in driving the world’s fastest energy transition, despite facing criticism for continuing to auction coal blocks.