Adani Group to Invest $60 Billion in India’s Power Sector by FY32 to Boost Clean Energy Capacity

By FY32, the Adani Group intends to invest $60 billion in transmission and distribution (T&D), power generation, and renewable energy. In a presentation to investors, the group laid out its intentions, estimating that more than $21 billion will be invested by FY30 to increase the capacity of renewable energy from 14.2 GW in FY25 to 50 GW by the end of the decade.

Adani Green Energy (AGEL), its renewable energy division, manages utility-scale wind and solar projects and is building what it claims is the largest renewable park in the world in Gujarat’s Khavda.

Transmission Expansion: 30,000 km by FY30

To expand its network, Adani Energy Solutions (AESL), which manages distribution, transmission, smart metering, and cooling, would invest more than $17 billion. By FY30, the corporation wants to have 30,000 km of transmission lines, up from 19,200 km in March 2025.

By FY32, Adani Power plans to invest $22 billion to increase its capacity from 17.6 GW in FY25 to 41.9 GW. With facilities in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, Jharkhand, and Tamil Nadu, in addition to a 40 MW solar unit in Gujarat, the firm is the biggest private generator of thermal electricity in the nation.

India is Emerging as Fastest Growing Power Market

India is one of the power markets with the greatest rate of growth in the world, according to the group, with installed capacity predicted to more than double to 1,000 GW by FY32 from 475 GW in FY25. Due to the demand from data centres, electric vehicles, urbanisation, and industrialisation, it predicted that there were over $500 billion in investment prospects in the area. With 172 GW of renewable capacity in FY25, the nation ranked fourth in the world.

By FY32, it might reach 571 GW, opening up prospects worth $300 billion. It is anticipated that solar power will grow quickly, adding more than 23 GW of capacity in FY25 alone. With an estimated increase in thermal power capacity from 247 GW in FY25 to 309 GW by FY32, an additional 80 GW of coal-based plants and $91 billion in investments will be needed.

According to Adani Power, “Coal continues to be the foundation of India’s baseload power, providing a steady supply despite growing demand and renewable variability.” Transmission lines are anticipated to expand from 494,000 km in FY25 to 648,000 km by FY32, providing a $110 billion investment opportunity on the network side, the organisation stated.