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Adani Group plans $3-billion push for new clean-energy business

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Adani Group plans $3-billion push for new clean-energy business

Indian conglomerate, the Adani Group, is planning to invest INR 25,000-27,500 crore ($3 billion) in building its first pumped-storage hydropower (PSH) facility. Adani Green aims to establish 5 GW of PSH capacity in the next five years and eventually increase it to 25 GW, which will take the group's total green-energy capability to 70 GW. The PSH generation facilities will be set up in Maharashtra, Andhra Pradesh, Tamil Nadu, and Telangana. PSH is gaining popularity among power companies as it is capable of supplying electricity consistently, unlike solar and wind energy.

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SHIV DIXIT

SHIV DIXITCHAIRMAN - BITE INDUSTRIES || BUSINESS A....

Adani is the real Pride for india

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6 months ago

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