Sagar Adani Advocates for Strengthening India's Domestic Energy Infrastructure
Sagar Adani calls for building domestic energy infra to boost resilience
Business StandardImage: Business Standard
Sagar Adani, Executive Director of Adani Green Energy Ltd, emphasized the need for robust domestic energy infrastructure to enhance India's resilience against global disruptions during the Resilient Futures Summit. He highlighted the importance of energy security for economic stability and called for a multi-pronged approach to leverage all available energy sources.
- 01Sagar Adani calls for strengthening India's domestic energy infrastructure.
- 02Energy security is crucial for economic stability and resilience against global disruptions.
- 03India needs to add nearly 2,000 gigawatts of new energy capacity by 2047.
- 04A multi-pronged approach involving renewables, hydro, and nuclear energy is essential.
- 05Adani Group has committed USD 100 billion towards the energy transition.
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During the Resilient Futures Summit, Sagar Adani (Executive Director of Adani Green Energy Ltd) stressed the importance of building a robust domestic energy infrastructure to ensure energy security for India. He pointed out that nations must focus on their ability to withstand global disruptions rather than just rapid growth. Adani highlighted that energy is fundamental for water and food security, as well as for digital leadership and economic stability. He emphasized that for India to become a developed economy by 2047, it needs to add nearly 2,000 gigawatts of new energy capacity over the next two decades. Adani referenced China's strategic investments in energy independence and urged India to adopt a multi-pronged energy approach, utilizing renewables, hydro, thermal, and nuclear sources. He also mentioned the Adani Group's commitment of USD 100 billion towards energy transition, aiming to build India's energy backbone and contribute to global economic stability.
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Strengthening India's energy infrastructure will enhance energy security, potentially leading to more stable energy prices and improved access to energy for the population.
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