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Adani Announces Billion-Dollar Commitment to US Energy & Infra

Adani Group Chairman Gautam Adani said yesterday that the company will spend $10 billion in infrastructure and energy security projects in the United States with the goal of creating up to 15,000 employment in the country. Mr. Adani acknowledged the growing collaboration between the US and India and stated that the Group is dedicated to using its worldwide experience to make the significant investment in the US.

In a remarkable comeback as US president, billionaire businessman Donald Trump just beat Democratic opponent Kamala Harris. Though there are some worries about his protectionist ideas that might result in tit-for-tat taxes on Indian exports, Mr. Trump’s victory was greeted with confidence in India.

“Congratulations Donald Trump. As the partnership between India and the United States deepens, the Adani Group is committed to leveraging its global expertise and invest $10 billion in US energy security and resilient infrastructure projects, aiming to create up to 15,000 jobs,” Mr Adani said in the post on X.

Mr Adani last week congratulated Mr Trump for his resounding victory in the US election, saying it was fascinating to see America’s democracy empower its people and uphold the nation’s founding principles.

“If there is one person on Earth who stands as the embodiment of unbreakable tenacity, unshakeable grit, relentless determination and the courage to stay true to his beliefs, it is Donald Trump. Fascinating to see America’s democracy empower its people and uphold the nation’s founding principles. Congratulations to the 47th POTUS-elect,” the Adani Group Chairman had said in a post on X.

According to the India and US Strategic Clean Energy Partnership (SCEP) ministerial meeting in September, convened by US Energy Secretary Jennifer Granholm and Union Petroleum and Natural Gas Minister Hardeep Singh Puri in Washington, DC, energy trade is playing a key role in supporting the national priorities of both the countries.

The ministers acknowledged the progress made by India and China in developing and deploying clean energy technologies, promoting energy efficiency, and decarbonizing high-emitting sectors. They also welcomed collaboration on the new National Centre for Hydrogen Safety in India and the second International Conference on Green Hydrogen.

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Source: NDTV

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