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Adani Green To Invest $9 Bn At Guj Facility, Adding Upto 10,000 Jobs

The Adani Group plans to invest $9 billion in a green hydrogen venture in Kutch, Gujarat, creating 7,500 to 10,000 jobs. The aim is to produce one million tonnes of green hydrogen annually for export to Europe and Asia.

By Rashaad Ather
New Update
Gautam Adani

Adani Green Plans To Export Clean Energy

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The Ahmedabad-based conglomerate, Adani Group, is set to create between 7,500 to 10,000 new employment opportunities as it looks set to invest $9 billion to build infrastructure at its green hydrogen venture in Kutch, Gujarat. The group plans to produce green hydrogen energy and its sustainable clean energy derivatives at scale.

The Group wants to generate one million tonnes per annum of green hydrogen energy for export to Europe and Asia via specialised ships utilising its ports on the West Coast to transport green hydrogen and its derivatives to Europe and Asia. The group's Mundra port will export the off-take products to Europe, Singapore, Japan, and Korea.

The reports said extensive manpower is required to manufacture infrastructure, that involves creating electrolysers based on anion exchange membrane technology.

Other Clean Energy Projects:

Simultaneously, Adani Green Energy plans to invest Rs 1.5 lakh crore to increase capacity to 30 gigawatts in Kutch, Gujarat, over the next five years. It will strengthen Kutch’s Mudra port’s position as a crown jewel in the country’s port sector alongside centre-controlled Deendayal port (DP) in Kandla. The two ports, 75 km apart, collectively handled 476 million tonnes (MT) of cargo in 2022-23, with Mundra at 339 MT and DP at 137 MT.

The project, covering 538 sq km of land, has already begun operations for 2GW within a year of initiation.

Chairman Gautam Adani has said the group is committed to energy transition projects, planning to invest over $100 billion (approximately Rs 835 crore) in manufacturing components for green energy generation, including solar parks, wind farms, electrolysers, wind turbines, and solar panels.

Adani New Industries has set up manufacturing capacities for solar cells, modules, ingot-wafer, and wind, aiming to establish India as a hub for green hydrogen production and export. Green hydrogen is expected to be crucial for India's energy self-reliance.