Growth with Goodness: Adani accomplishments with sun, sea and wind

• 30,000 MW renewable energy generating capacity 
• 538 sq. km. land extent park built across  
• ~2,060 kWh/m2 high solar irradiation 
• ~8m per second wind speed 
• 50 wind turbines installed as of visited date 
• 2,000 MW cumulative capacity of solar energy operationalised in less than 12 months of commencing work
• 600mn solar panels installed 
• 6 desalination plants on site 
• 3 reverse osmosis plants set up with total capacity of 70 cubic meters per hour
• 2 cement plants on site
• 50km of drainage constructed
• 180km of optical fibre cables bring connectivity to place
• ~100km of roads constructed
• 1st solar park in India with over 10,000 MW of renewable energy capacity

• ~81bn units of clean electricity generation
• Energy output can power entire nations such as Belgium, Chile and Switzerland
• 16.1mn households to be powered (nearly equivalent to number of homes in entire country of Poland and Canada)
• 15,200+ green jobs created
• 1,716mn litres saved through waterless robotic cleaning systems
• 58mn tonnes of carbon dioxide emissions to be avoided
• Emissions avoided are equivalent to:
  • Carbon sequestrated by 2,761mn trees
  • 60,300 tonnes of coal avoided
  • 12.6mn cars off roads

Hopeful Adani projects in Sri Lanka

100% FDI contribution

• Adani projects in Sri Lanka to bring an inflow of 100% foreign direct investments.

• Total investment to be US $ 1029mn (about Rs.308.7bn).

• Investment on wind plants to be US $ 741mn (about Rs.222.3bn).

• Investment on transmission infrastructure to be US $ 288mn (about Rs.86.4bn).

High energy contribution 

• Project contribution to be about 1500mn units per year – corresponding to energy supply to be 590,000 households each year.
• To assist Sri Lanka meet renewable energy target of 70% by 2030.

Fastest renewable energy development

• Projects to be fastest renewable energy development, targeted by 2025.
• Once power purchase agreement signed, in 18 months, project can be completed, an Adani official said.

Government’s cost reduction

• Projects to reduce government’s electricity purchase costs by about US $ 83mn per year (Rs.25bn) – corresponding to reduction in electricity tariffs of consumers by Rs.17 per unit. 

Northern province’s regional development

• Infrastructure facilities, including roads, electrical grids, jetties, etc. to be developed on project site.
• Corporate social responsibility programmes to be undertaken worth US $ 6.56mn (about Rs.1968mn):
  • US $ 3.4mn to be committed to Mannar project.  
  • US $ 3.16mn to be dedicated to Pooneryn project.

Environmental benefit 

• 1.06mn tonnes of carbon dioxide to be annual emission reduction for 1500mn units of output per year.
• US $ 100mn per year to be economic benefit of such carbon dioxide avoided. 

Employment generation 

• Employment generation to be to the tune of 1200+ personnel. 

Tariff 

• Adani is to offer lowest wind tariff in Sri Lanka at Rs.24.7 per unit, lower than Ceylon Electricity Board’s 100 MW wind power plant in Thambapavani and much lower than country’s expensive oil-based power at Rs.80 per unit.

Forex saving 

• Sri Lanka buys crude oil-based power at 20+ c/kwh. 
• With Adani projects, Sri Lanka to save US $ 270+mn annually by displacing higher cost fuel-based tariffs. 

Adani Group Chairman Gautam Adani

“We are driving a green revolution”- Gautam Adani 

Adani Group Chairman Gautam Adani, aged 61, is the 17th richest person in the world, according to Forbes World’s Billionaires List 2024, with a net worth of US $ 84 billion. 

Adani Group is in an ambitious journey towards a low-carbon future, with a commitment to invest US $ 100 billion to ensure that the transition to clean energy is affordable, reliable and accessible to everyone. 
Adani Group’s Electronic Manufacturing Cluster in Mundra that spans 800 acres and integrates cutting-edge manufacturing for solar, wind, electrolysers and green hydrogen, is set to establish India as a global leader in decarbonisation technologies. 

Its research and development centre initiates renewable innovation to reduce import dependence and propel the ‘Make in India’ initiative.  

In a recorded speech made to be listened at the Mundra Renewable Energy Experience Centre, Adani Group Chairman Gautam Adani said, “India’s robust infrastructure, economic reforms and dynamic demographics uniquely position us to be leaders in the global renewable energy supply chain.”
The overall mission is to transform the energy landscape for a greener planet. 

“Today’s innovations pave the way for tomorrow’s low-carbon future. 

Together, we are driving a green revolution. Together, we are shaping a sustainable tomorrow,” he said.

Mundra Port in Gujarat

Mega Mundra Port

•  It is capable of handling world’s largest ship.  
•  Mundra Port’s operating modal can be adopted at Colombo Port’s West Container Terminal, where Adani has a majority stake in, an official said.

Called the crown jewel of Adani Group, Mundra Port, a manifestation of Gautam Adani’s childhood dream to build a port bigger and better than what he saw at Kandla Port in his youth, is now India’s largest and most advanced commercial port, with the country’s largest container facility.

Adani Ports and Special Economic Zone, the largest port developer and operator in India, with 15 ports in its portfolio, runs the Mundra deep draft mother port, where 28 ships can be berthed. 

Over the 25 years of operations, among numerous assets, it has evolved to possess Mundra Port Coal Terminal, the world’s biggest import coal terminal, a fully mechanised facility that directly sends imported coal to Adani and Tata power plants, enabling a total of 8600 megawatts of coal power generated per year in India.   

On board a tug boat at Mundra Port, vehicle carrier Divine Ace, sailing under the flag of Panama, was seen being loaded. More than 200,000 cars, all made in India, from Toyotas to Maruti Suzukis, are exported from Mundra to South America, Africa and Europe. 

Vast amounts of cargo, minimum 15 to 16 billion tonnes, are sent out of Mundra Port per month. 
Adani’s Kutch Copper ventured into the copper industry recently, commissioning its first-ever greenfield copper refinery project at Mundra. 

Adani Power Ltd and Adani Energy Solutions Ltd Managing Director Anil Sardana (right) speaks to Sri Lankan journalists during the visit to Adani Corporate House in Ahmedabad

Promises delivery

Adani Power Ltd and Adani Energy Solutions Ltd Managing Director Anil Sardana, who also heads Sri Lanka’s wind project, said that for the benefit of the consumers of Sri Lanka, the day the power purchase agreement and implementation agreement are signed with the authorities, “next day you will see the work happening and we will deliver you the entire capacity in our contract.”

“Like the way we told the Bangladeshis, despite Covid, the date that we told them, we delivered on that day,” he added. 

With the tariff offered to Sri Lanka to be fixed for the entire 20-year contract duration, Adani Group is to commit to sourcing 95 percent of the project workforce from Sri Lanka.

“We are already telling our people to say make sure that 95% of the workforce to work on these projects, not only operations, … should be locals,” Sardana added. 

Stating Sri Lankans have been hoodwinked for decades with the dependence on oil-based expensive power generation, the consumer needs to be the focal point of deliverables, instead of the voice of those with vested interests, he opined. 

“Poor consumer has been taken for a ride for the last 50-60 years with such expensive power,” he said. 
Sarada underscored the green hydrogen potentiality Sri Lanka has. 

“Your country has the potential to have solar … can have pumped hydro storage and therefore deliver traceable, green electrons on a very competitive basis. 

I think you should make the most and then create byproducts like green hydrogen methanol and export them, so that you can have an export surplus and earn some royalty for the benefit of the people.”

Adani Green Energy accelerates clean energy transition 

Adani Green Energy develops, owns and operates utility-scale grid-connected solar, wind, hybrid and pumped hydro storage renewable power plants. 

Its operations spread across 12 states of India and consist of 7393 megawatts of solar, a wind capacity of 1401 megawatts and 2140 megawatts of hybrid. 

Its 10,934 megawatts operational renewable energy portfolio, the largest in India, is to power over 5.8 million homes and avoid 21 million tonnes of carbon dioxide emissions annually. 

Along with the solar park in northwestern Indian state of Rajasthan, Adani Green Energy runs one of the world’s largest single location solar power plants in the southernmost state Tamil Nadu, which spans an area that is equivalent to about 950 Olympic-sized football fields.  

The Hindu reported in April that Adani Green Energy has brought “2,848-megawatt renewables capacity on stream in FY24”.

Adani Green Energy’s operating portfolio is certified as single-use plastic free, zero waste-to-landfill and water positive for plants with more than 200-megawatt capacity. It has been globally recognised for the sustainability efforts:

• Ranked as first in Asia and among top three companies in renewable energy sector globally by ISS ESG
• Scored 70 out of 100 in S&P Global Corporate Sustainability Assessment 2023, significantly higher than the average world electric utility sector score of 35

A nacelle at Mundra wind turbine manufacturing plant

Adani Wind

•  Nacelle plant has annual capacity for 300 nacelles of 5.2 megawatts
• Wind blade plant has 1.5 gigawatts annual capacity
• Per year, it produces 300 rotor sets with four moulds
•  Epoxy blades with length of 80 metres, weighing 22 tonnes each, are manufactured there

Manufacturing solar modules at Adani plant in Mundra

Adani Solar

• Adani Solar is India’s largest solar PV cell and module manufacturer 
• Has four-gigawatt capacity 
• Among top 15 global solar manufacturers 
• India’s first and largest vertically integrated solar company