The Adani Group renewable energy expansion is gathering pace, with the conglomerate building one of the world’s largest renewable energy portfolios, targeting 50GW renewable energy capacity by 2030 and a substantial 10GW nuclear power portfolio by 2035, Executive Director of Adani Green Energy Ltd (AGEL), Sagar Adani, announced.
Adani Group Renewable Energy on Energy Security, Affordability & Sustainability
Speaking at the inaugural Adani Green Energy Dialogue, hosted by Adani Green Energy Limited (AGEL) in partnership with the Energy Transitions Commission (ETC) at the Science Museum, London, he said, “We are investing in large-scale energy storage including pumped hydro and utility-scale batteries, expanding transmission networks to move power efficiently across the country and developing green hydrogen ecosystems.”
“We are doing it all, at a scale and speed the world has rarely seen. Because incremental change will not cut it,” Sagar Adani told the gathering.
“Today, all countries – developed or developing – are being forced to come to terms with what it means to futureproof their economies against relentless geopolitical shocks. At the same time, for most of the developing world, where hundreds of millions of people are rising into the middle class and are increasing their energy consumption for a better quality of life, affordability of energy continues to remain a fundamental necessity,” Sagar Adani said.
These constant geopolitical disruptions have turned this necessity into a monumental battle for survival.
“Energy Security, Energy Affordability, and Energy Sustainability — this is the ultimate global trifecta,” he noted.
Sagar Adani Reveals Ambitious Renewable Energy Roadmap for India
Nowhere is electrification more critical—and more challenging—than in India.
“It is helpful to consider India’s electricity demand and supply in the broader context of the country’s final energy consumption. In 2024, India consumed about 10,000 terawatt-hours across all sources — coal, oil, gas, nuclear and renewables,” he informed.
“Let’s put the scale of India’s challenge into perspective. We are talking about a structural leap, adding nearly 2,000 gigawatts of new capacity over the next two decades, while ensuring that this energy remains affordable, accessible and increasingly clean.”
According to Sagar Adani, achieving this scale will require a balanced energy mix combining renewable energy, nuclear power, storage technologies and efficient transmission infrastructure.
Green Hydrogen, Storage and Nuclear to Drive Future Growth
For India, the path forward is clear.
“We must electrify everything, reducing structural dependence on imported energy. We must build an energy backbone anchored in resources that are available within the country. And this is where we must be pragmatic, leveraging every energy source available to us—renewables, hydro, efficient thermal and nuclear. Because without firm, scalable baseload power, the math simply does not work,” he explained.
Over the past decade, India’s leadership has played a significant role in reducing regulatory hurdles, revitalising public undertakings and encouraging private investment.
“Countless macro and micro policy changes by the government have resulted in an environment where business can grow, flourish and prosper. From accelerating infrastructure development to expanding renewable capacity, strengthening transmission networks and enabling long-term investments, there has been both clarity of intent and continuity of action. And that continuity is a critical enabler of resilience,” he added.
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