Jaipur: The Adani Group has announced plans to invest Rs 7.5 lakh crore in Rajasthan, focusing on green energy and infrastructure. The announcement was made during the Rising Rajasthan Global Investment Summit 2024, attended by over 32 countries and 20 international organizations. This investment, the largest of its kind for the state, aims to position Rajasthan as a key player in India’s renewable energy and logistics sectors.
Karan Adani, Managing Director of Adani Ports and SEZ Ltd., outlined the group’s ambitious green energy goals. The plan includes developing a renewable energy ecosystem comprising 100 gigawatts of capacity, 2 million tonnes of hydrogen production, and 1.8 gigawatts of pumped hydro storage. These projects are expected to create significant employment opportunities and establish Rajasthan as a hub for sustainable energy production.
In addition to renewable energy, Adani’s investment will focus on infrastructure upgrades. Projects include the modernization of Jaipur Airport, the establishment of a multi-modal logistics park, and the development of inland container depots (ICDs) to improve Rajasthan’s connectivity to national and global trade networks.
Prime Minister Narendra Modi, who inaugurated the summit, emphasized the significance of such collaborations in driving Rajasthan’s economic growth. “Today’s summit demonstrates the growing confidence of investors in Rajasthan’s potential,” Modi stated.
The three-day summit featured several key events, including a Pravasi Rajasthani Conclave, MSME Conclave, and the Rajasthan Global Business Expo. The event provided platforms for networking among businesses, policymakers, and international delegates.
Chief Minister Bhajan Lal Sharma highlighted the state government’s efforts to attract investment and improve the ease of doing business. “We are committed to creating an environment that fosters growth and development,” Sharma said.
With Adani Group’s investment, Rajasthan is set to strengthen its position in green energy and infrastructure, driving its economic transformation and aligning with India’s renewable energy goals.
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