$100 Billion Promise: Sagar Adani Pitches ‘Electrify Everything’ Strategy

Addressing policymakers, industry leaders and energy experts at the inaugural Adani Green Electrification Dialogue at the London Science Museum on June 26, Sagar Adani, Executive Director of Adani Green Energy, said the world is facing an unprecedented energy challenge driven by geopolitical instability, rising energy demand, and climate concerns.

Hosting the event in collaboration with the Energy Transitions Commission, Sagar Adani said the last three months had compelled countries across the world to rethink energy security and prepare their economies against continuing geopolitical shocks.

He said that while developed and developing nations are grappling with energy security, countries in the developing world are simultaneously dealing with rapidly rising energy demand as millions enter the middle class, making affordable energy a basic necessity.

He added that geopolitical disruptions have made this affordability challenge even more severe.

Sagar Adani also noted that many countries remain heavily dependent on fossil fuels and have struggled to transition to renewable and clean energy, despite growing concerns over climate change.

According to him, the world must simultaneously address three priorities—energy security, energy affordability and energy sustainability—which he described as the "ultimate global trifecta."

India's massive energy challenge

Sagar Adani said India consumed around 10,000 terawatt-hours (TWh) of energy across coal, oil, gas, nuclear and renewable sources in 2024.

By comparison, China, despite having a similar population of around 1.4 billion people, consumed 32,810 TWh, more than three times India's consumption.

He said India's challenge involves adding nearly 2,000 gigawatts (GW) of new electricity generation capacity over the next two decades while ensuring energy remains affordable, accessible and increasingly clean.

According to him, India's strategy should focus on electrifying every sector of the economy to reduce dependence on imported energy while building an energy system based on domestic resources.

Adani Group's energy expansion

Speaking about the Adani Group's role, Sagar Adani said the group currently operates thermal power plants while simultaneously building one of the world's largest renewable energy portfolios, targeting 50 GW of renewable energy capacity by 2030.

He also announced plans to build a 10 GW nuclear power portfolio by 2035.

In addition, the group is investing in large-scale energy storage projects, including pumped hydro storage and utility-scale battery systems, expanding electricity transmission infrastructure and developing green hydrogen ecosystems.

$100 billion commitment

Sagar Adani said Adani Group Chairman Gautam Adani has committed more than $100 billion towards energy transition projects.

He said the investments represent an integrated long-term strategy rather than isolated projects and called them the guiding mission for Adani Green Energy.

Ending his address, Sagar Adani thanked leaders from the energy, policy and finance sectors for attending the event and declared, “Let the dialogue begin.”