Adani Group To Invest $10 Billion In USA, To Create 15,000 Jobs

Billionaire Gautam Adani announced that the Adani Group will invest $10 billion in US energy security and resilient infrastructure projects. These are expected to create up to 15,000 jobs.

The chairman of the Adani Group wrote about the investment in a post on social media platform X (formerly known as Twitter).

"Congratulations to @realDonaldTrump. 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," Adani shared.

Earlier on Nov. 6, Gautam Adani extended his congratulations to billionaire Donald Trump on winning the 2024 United States elections via a post on X.

"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," Adani shared in his post.

Apart from the US, the Gautam Adani-led Adani Group is also in talks with Tanzania for a $900-million public-private partnership project to construct high-voltage power lines, according to an official of the east African nation. This project is part of the group's expanding global energy initiatives.

In addition, the Adani Group is reportedly in talks with Bhutan's authorities to establish solar and hydroelectric power plants in the country's ambitious 'Gelephu Mindfulness City'. The city is being developed across 1,000 square kilometres of flatland. Lotay Tshering, the city's newly appointed governor, told news agency Bloomberg that a "few hundred sites" had been identified for renewable energy projects that are anticipated to add 20 gigawatts more in capacity.

This development follows a meeting earlier this year between Adani and Bhutan's King Jigme Khesar Namgyel Wangchuck.

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