MMTPA of cargo across the country, equivalent to almost a third of India’s total cargo handled annually. With India’s energy needs set to quadruple by 2050, the apparently impossible challenge of powering India of that era will be overcome through technological intervention. Given the dramatic and continued drop in the cost of renewable energy, especially solar power, the marginal cost of green power is very likely headed towards ‘zero’. Our ability to deploy renewable energy to power the factories, airports, seaports, logistics network, data centres and other industries of the future will be a game changer for India. Being India’s largest and most successful business incubator, Adani is building entities of the future through Adani Enterprises and its subsidiaries like Adani New Industries Ltd (ANIL). ANIL is a mission-driven offshoot focused on the green hydrogen ecosystem, including downstream products, green electricity generation, and the manufacturing of electrolyzers and wind turbines, among others. ANIL plans to invest more than USD 70 billion in an integrated hydrogen-based value chain. In the initial phase, ANIL will target a green hydrogen production capacity of 1 million tonnes per annum before 2030. ANIL will deliver the largest green hydrogen ecosystem in the world, which, in turn, will deliver the lowest cost of green hydrogen to consumers and help accelerate the global energy transition. It intends to deliver green hydrogen at a cost of less than one US dollar per kilogram. VIEWPOINT:Adani Group leads the charge of India’s energy transition The revolution in alternative energy technologies may turn India into a net green energy exporter by 2050 Adani: Leading India’s Energy Transition India’s ascent as the next economic superpower has begun. With a young working population, high consumer demand, government spending on infrastructure development, cutting-edge technology in manufacturing and improving trade competitiveness, India has everything going for it. What India requires to fuel this growth is green energy and efficient logistics to move goods faster. Adani, through its portfolio of companies, is well placed to serve the country with its focused verticals – Energy & Utility and Logistics & Transportation. In these two broad verticals, the Adani Group has developed end-to-end competencies in the past decade, serving customers across the value chain. The Group’s presence in these sectors – critical for India’s growth – is unparalleled not only due to the size of its operations but also its approach. India’s energy gap needs to be filled, mostly with renewable energy, and Adani’s presence in this space is already well established. By 2030, the Group’s renewable portfolio (including solar, wind and hybrid energy) will expand to a phenomenal 45 GW. And this is just the beginning. The surge in India’s middle class has resulted in a steep rise in demand for goods and services in the past two decades. Through a carefully woven network of ports and terminals, logistics parks, warehousing facilities and industrial land, Adani is servicing growing consumer demand with alacrity. Adani Ports & SEZ, through its network of 13 ports and terminals, handles more than 500 Mundra Port Mundra Solar and Module Manufacturing facility | 34 | | 35 | ANIL aims to be the largest fully integrated green hydrogen player in the world, present across the entire value chain, from the manufacturing of renewables and green hydrogen equipment (solar panels, wind turbines, electrolyzers, etc) and largescale generation of green hydrogen to downstream facilities producing green hydrogen derivatives. The availability of this green energy and hydrogen will also allow Adani to transition into a variety of adjacent sectors, especially high energy-consuming sectors that are hard to decarbonize. These sectors include PVC, copper, aluminium, steel, cement, and other energy-intensive sectors. Solar and wind power combined with green hydrogen leads to unprecedented possibilities for India. The revolution in alternative energy technologies opens up the possibility that India may become a net green energy exporter by 2050. Interestingly, the two focused verticals of Energy & Utility and Transportation & Logistics share close interdependence. While the role of energy in the transportation sector is well known, modern supply chains equipped with cutting-edge technology will become crucial to transport alternative energy especially green hydrogen. And this defines Adani’s philosophy of strategic business adjacencies. The progress around us is underpinned by the largescale adoption of advanced technology in the past decade. Solutions derived using artificial intelligence, IoT solutions, machine learning, etc. have innovated manufacturing processes making Indian businesses globally competitive. However, the headline of the India Growth Story from the consumer’s point of view is the acceptance of digital transformation around us, be it in e-commerce, digital payments, the UPI (Unified Payment Interface) system, the rise of OTT, the pervasiveness of mobile banking and mobile trading, and so on. Imagine the amount of data India is generating! Over the past five years, data volumes have increased by 500x and are expected to increase another 500x by 2025. Not surprisingly, the Data Centre market is exploding. This sector consumes more energy than any other industry in the world. Today, Adani is building green data centres in partnership with some of the largest hyper-scale companies in the world, and this is a game-changing intersection. Through initiatives in various sectors, Adani is also supporting the aspirations of a young India in an environment where growth blends with sustainability. Along with initiatives to secure green energy, Adani is working to secure an equitable future for millions of Indians. The Adani Foundation, the Group’s social outreach arm, has become one of the world’s most widereaching social support organizations with programmes that cover 3.7 million people in 2,409 villages across the length and breadth of India. The Foundation focuses on quality education, community health, skill development, sustainable livelihood development and rural infrastructure development, and supports a range of special projects for child nutrition and the empowerment of women. As an organization conscious of its role towards society, Adani has always preferred human capital over financial capital. Enhancing the organisation’s commitment to the cause of India’s equitable growth, the Adani Family has committed Rs 60,000 crore to social upliftment initiatives, especially those that support the three sectors that Chairman Gautam Adani believes will empower India’s most underserved people – education, healthcare, and skill development. • ANIL will deliver the largest green hydrogen ecosystem in the world Green Hydrogen Adani Foundation
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