How Adani is critical to India’s energy security
For the past two decades Adani Group led by the visionary entrepreneur Gautam Adani, has made significant investments in thermal power, assisting India in meeting its energy needs. As the Climate Change agenda began to take centre stage, the Group started to make big forays in green energy. Adani has expanded its energy portfolio over the past few years to rank among the biggest power producers worldwide. Adani is now essential to the nation’s energy security thanks to its 33 GW power generation capability.
Here are some statistics reflecting on how Adani serves India’s energy requirements.
Large investments in power generation
Adani is India’s largest private sector power player. The Adani Group has made significant investments in power generation, which is crucial for meeting India’s growing energy demands. As of now, the company has a total installed thermal power capacity of 15250 MW.
This includes a power plant each in Mundra (Gujarat), Tiroda (Maharashtra), Kawai (Rajasthan), Udupi (Karnataka), and Korba and Raikheda (Chhattisgarh). Its Mundra plant, which is the largest single-location coal-based power plant in the world, alone has a capacity of 4,620 MW. This means that the Adani Group is a major contributor to India’s power supply.
Adani has introduced supercritical technology in India. Its coal-based super-critical thermal power projects are registered under the Clean Development Mechanism (CDM) of the Kyoto Protocol. Adani plants at Mundra, Udupi, and Kawai are certified single-use plastic-free sites.
Development of renewable energy
The Adani Group is also a leader in renewable energy development in India. As of March 2020, it had a renewable energy portfolio of 20,434 MW, which includes solar and wind power.
The company has set a target of achieving a renewable energy portfolio of 45 GW by 2030, contributing significantly to India’s renewable energy targets. This means that the Adani Group is playing a critical role in India’s transition to a cleaner and more sustainable energy system.
Investment in infrastructure
Another benchmark by the Adani Group is its investments in infrastructure, such as ports, rail, and road networks, to ensure India’s energy security. It operates 14 ports & terminals in India, which handle a significant portion of the country’s coal imports. Not just in India, Adani Group has a robust network of coal mine operations worldwide.
Transmitting the power to households, offices, and industries is a critical link in the energy supply chain. Adani Transmission (ATL) has laid out 18500-circuit km of transmission lines. In addition, Adani is powering over 3 million homes in Mumbai — the financial capital of India through India’s largest private sector power distribution utility — Adani Electricity Mumbai.
With a goal of building 30,000 circuit km of transmission lines by 2030, Adani has an unparalleled power generation, transmission and distribution network in India. This proves that Adani is critical for India’s efficient and reliable energy supply chain.
Partnership with the Government & International players
Since his early days, Gautam Adani firmly believed in Growth with Goodness, and Goodness comes only with Great Partnerships. Adani Group has a strong partnership with several governments, both in India and abroad. These ties are essential for achieving India’s energy security goals.
Adani has also forged partnerships with global private players like French Energy major Total Energies, and Abu Dhabhi’s International Holding Company (IHC) with investments of $2.5 Billion and $1 Billion, respectively, to boost its energy sector portfolios.
This means that the Adani Group is not just aligned with the government’s vision for India’s energy security but also working towards supporting India’s climate goals arising out of the Paris Agreement.
Adani Group’s investments in power generation, renewable energy, infrastructure, and partnership with the government make a persuasive case for its critical role in India’s energy security. Its operations are essential for meeting the country’s growing energy demands, ensuring a reliable supply chain, and transitioning to a cleaner and more sustainable energy system.
