Crazy Rich India is building a huge green space five times the size of Paris

CNN Indonesia

Thursday, March 21, 2024, 11:00 a.m. WIB

Crazy rich India Gautam Adani built the world's largest green facility worth IDR 315 trillion. It is five times the size of Paris, France. (Photo: AFP/SAM PANTHAKY)

Jakarta, CNN Indonesia

Crazy rich India Gautam Adani Build a generator out of it renewable energy largest in the world. It is five times the size of Paris, France.

The investment value is 20 billion US dollars or 315 trillion rupees (assuming an exchange rate of 15,755 rupees per US dollar).

It is so large that green power plants in the form of solar power plants (PLTS) and wind power plants (PLTB) can be seen from space. The electricity is sufficient to cover Switzerland's needs.

The project location is in the barren Gujarat desert, on the edge of western India on the border with Pakistan. This green facility was built by Adani Group under the banner of Adani Green Energy Limited (AGEL). AGEL is the largest renewable energy company in India.

“Such a huge area, such an unpolluted area, there is no wildlife, no vegetation, no settlements. There is no better alternative use for this land,” said AGEL managing director Sagar Adani, who is also Gautam Adani’s nephew.

The goal is for this clean power plantation to be completed five years later, in 2029. This world's largest green generator is said to be able to produce electricity for 16 million households in India.

Currently, 70% of India's electricity needs are still met by coal-fired power plants.

AGEL will invest $100 billion or Rp1,574 trillion in the energy transition over the next few decades. 70 percent of this will be used for clean energy to meet the needs of 1.4 billion Indians.

India is aiming for zero emissions by 2070. The country is the third largest energy consumer in the world. By 2050, India's electricity demand from home air conditioning alone is expected to exceed the total energy consumption of all of Africa.

Gautam Adani is the second richest person in India and Asia. His wealth reaches $100 billion or the equivalent of IDR 1,573 trillion.

His company, the Adani Group, operates in various sectors ranging from coal mining to ports, media and cement.