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Scam101 | Adani Green Energy | NikhilGunda | Telugu Case study [Video]

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Climate Change News

Scam101 | Adani Green Energy | NikhilGunda | Telugu Case study #nikhilgunda #trending #shorts #adani

Adani Green Energy Ltd (AGEL), the biggest renewable energy company in India, plans to invest around Rs 1.5 lakh crore to produce 30 megawatts of clean electricity in Khavda, Gujarat’s Kutch region.
It’s as big as a whole city like Hyderabad!

Currently, they have already started with 2,000 MW (2 GW) of capacity in Khavda, and they aim to add 4 GW more by the end of this fiscal year (by March 2025), followed by an addition of 5 GW every year after that. At its peak, Khavda is expected to generate a whopping 81 billion units of electricity, which is enough to power entire countries like Belgium, Chile, and Switzerland.

The planned 30 GW capacity in Khavda will consist of 26 GW from solar power and 4 GW from wind power, according to the company’s plans.
AGEL’s current operational portfolio includes 7,393 MW of solar power, 1,401 MW of wind power, and 2,140 MW of wind-solar hybrid capacity.
Adani operates businesses that have a significant negative impact on the environment. Their recent commitments to sustainable development goals and achieving net zero emissions could potentially be a public relations ploy to improve their image and brand reputation.

A few thoughts that I had:
– Companies like Adani that operate in industries with major environmental impacts like mining, energy, etc. do face heightened scrutiny over their sustainability efforts. Their operations can have large carbon footprints and impacts on ecosystems.
– However, it’s also true that for companies of their scale to significantly reduce emissions and environmental harm, they need to make transformational investments and operational changes. Rhetoric alone is not enough.
– Time and independent analysis will indeed reveal whether Adani’s initiatives like pledging net zero emissions are backed up by real reductions in emissions, pollution, land use, etc. across their entire value chain and operations. Third-party audits and reporting will be important for accountability.
– Investors, regulators, activists and the public are getting more sophisticated at analysing corporate sustainability claims versus reality. Companies that greenwash face major reputational and financial risks if caught misleading.
The proof will ultimately be in the data over years – are their emissions trajectories actually bending down, are they cleaning up legacy environmental impacts, are they making investments in real solutions not just offsets? Healthy scepticism is warranted, but real sustainability gains will require action from major players like Adani as well.

Sources:
1. https://www.rprealtyplus.com/allied/worlds-largest-renewable-energy-park-in-india-114738.html

2.https://www.prnewswire.com/news-releases/adani-green-begins-generation-from-the-worlds-largest-renewable-energy-park-302061780.html

3.https://economictimes.indiatimes.com/industry/renewables/how-a-remote-airstrip-a-km-away-from-pakistan-border-will-help-adani-to-build-worlds-largest-renewable-energy-parks-bigger-than-paris/articleshow/109237045.cms?from=mdr

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