Adani Group pledges $10 billion for US energy and infrastructure, eyeing job creation
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Adani Group Chairman Gautam Adani announced a major commitment of $10 billion towards energy security and infrastructure projects in the United States, with plans to generate up to 15,000 jobs.
The investment reflects the strengthening ties between India and the US, with Adani emphasizing the group’s dedication to leveraging its global capabilities in energy and infrastructure to support this alliance.
The announcement comes amid renewed enthusiasm in India following the recent election of Donald Trump as US President. Adani extended his congratulations to Trump, highlighting the resilience of American democracy and Trump’s determination as attributes he admires. He expressed optimism that this investment will further solidify Indo-US relations.
The recent India-US Strategic Clean Energy Partnership (SCEP) ministerial meeting, co-hosted by US Energy Secretary Jennifer Granholm and India’s Petroleum and Natural Gas Minister Hardeep Singh Puri, underscored the collaboration between the two countries. The partnership aims to foster advancements in clean energy technology, renewables, energy efficiency, and decarbonization.
Both countries are also exploring joint efforts in hydrogen technology, as seen in the recent collaboration on the National Centre for Hydrogen Safety in India and support for the 'International Conference on Green Hydrogen.' The Adani Group’s investment aligns with these ongoing cooperative energy initiatives, highlighting a shared commitment to sustainable development and resilient infrastructure.