Adani Group will invest $60 billion in power sector by 2032 - know full details

News Topical, Digital Desk : Gautam Adani-led Adani Group is planning to invest $60 billion in India's power and renewable energy sector by FY 2032. The company said in its investor presentation that this investment will be made through several of its companies and this step has been taken in view of the possibilities of India's rapidly growing electricity market.

According to the group's plan, Adani Green Energy (AGEL) will invest $21 billion by 2030. It aims to increase the capacity of renewable energy from 14.2 GW in FY25 to 50 GW by FY 2030. Adani Power will invest $22 billion by 2032 and increase its capacity from 17.6 GW in FY 2025 to 41.9 GW.

Transmission and Distribution Adani Energy Solutions Limited (AESL) will invest $17 billion and aims to lay 30000 km of transmission line by FY 2030, which will be much higher than the 19,200 km as of March 2025. India's total installed power capacity is estimated to grow from 475 GW in FY 2025 to 1000 GW by FY 2032, growing at a CAGR of 11 percent. During this period, investment opportunities worth more than $500 billion will be created in the power sector. Currently, India's renewable energy capacity is 172 GW, which can reach 571 GW by FY 2032 and there is an investment opportunity of more than $300 billion in it. 

Thermal power capacity likely to reach 309 GW Thermal power capacity is expected to grow from 247 GW in FY 2025 to 309 GW by FY 2032, requiring 80 GW of additional coal-based capacity. This segment alone will provide an investment opportunity of about $91 billion. Adani Power says that coal will still remain the mainstay of India's baseload power. It ensures stable and large-scale supply amid growing demand and instability of renewable energy and is extremely important to meet the country's growing peak demand. 

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