New Delhi, Dec 9 (NationPress) Adani Group is set to allocate more than $75 billion towards the energy transition sector over the next five years, as announced by Chairman Gautam Adani on Tuesday.

During the centenary celebrations of the Indian Institute of Technology (Indian School of Mines) Dhanbad, Adani emphasized that the Adani Group has made significant investments to emerge as one of the most rapidly growing renewable energy companies globally.

He highlighted that the worldwide shift towards green energy is becoming the largest industry of our era, projected to be valued at several trillion dollars in the years ahead.

"This transition will drive the growth of electricity-driven manufacturing, green steel, green fertilizers, hydrogen ecosystems, and essential infrastructure necessary for AI and digital economies," Gautam Adani stated.

He reiterated, "Adani Group is investing over $75 billion in the energy transition over the next five years."

In addition, Adani criticized a “weaponized narrative” presented at COP-30 in Brazil, which downgraded India's sustainability ranking, claiming it lacked a timeline for phasing out coal and continues to auction coal blocks.

According to Gautam Adani, India’s per capita carbon dioxide (CO2) emissions are among the lowest globally, and the nation is leading the fastest energy transition in human history.

“Bharat did not contribute significantly to global warming. Yet, much of the developed world now expects Bharat to take on the responsibility of cooling the planet,” he remarked, providing data illustrating India's sustainability progress.

Adani noted that over 50% of India's installed electricity generation capacity now comes from non-fossil fuel sources, achieving this significant milestone five years ahead of the targeted timeline.

Furthermore, under the Paris Agreement established in 2015 and signed by 195 nations, no other major country has transformed its energy mix as dramatically as India has, according to the industrialist.

“Bharat, with one of the lowest per capita CO2 emissions, is also leading the most rapid energy transition in human history,” Gautam Adani added.

Reflecting on his journey, Adani shared valuable advice with students: "Success is not merely given; it is mined and extracted."

He encouraged the students to become the next generation of Bharat's freedom fighters, aiming to attain "economic and resource independence."

"You, my young friends, are the future freedom fighters of Bharat. In this endeavor, you are not just extracting resources; you’re reclaiming sovereignty. You are not merely mining minerals; you are mining dignity," the Adani Group Chairman concluded.