Sagar Adani is the Managing Director of Adani Green Energy Limited (AGEL), the clean energy division of the Adani Group. The company’s project, which is a combination of solar and wind power plants, will cover an area of 518 square kilometers and will cost $20 billion (almost CZK 470 billion), reported the server of the American television station CNN.
The power plant, named Khavda Renewable Energy Park, is expected to be completed within five years. It will be the largest renewable energy (RES) park in the world, generating enough clean electricity for 16 million Indian households.
The main business of Adani Group is based on coal business, i.e. a dirty source of energy. But the conglomerate wants to change that and plans to invest 100 billion dollars in the energy transformation with an emphasis on RES in the coming decade.
Photo: Amit Dave, Reuters
In addition to solar panels, the extensive energy park will also include windmills.
Photo: Amit Dave, Reuters
The project will cost almost half a trillion crowns.
This goes hand in hand with India’s ambitious plan to generate 70 percent of its electricity from coal. The world’s most populous country has set itself the goal that renewable sources will cover up to half of its energy needs by the end of this decade.
The government has set a goal of building 500 gigawatts (GW) of non-fossil fuel generation capacity by 2030. Only AGEL, the largest renewable energy company in India, plans to provide at least nine percent of this capacity, with almost 30 GW coming from the Khavda Power Park in Gujarat.
Photo: Amit Dave, Reuters
Workers at the transformer station.
A record number of solar power sources were put into operation in the Czech Republic last year. We are still lagging behind
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