Gautam Adani Promises Investments in Dhanbad Highlights Jharkhand’s Growth Potential

Adani Group Chairman Gautam Adani has announced that investments in Dhanbad will come soon, emphasizing the tremendous potential of Jharkhand and its cities for future growth. Speaking to media on the sidelines of the Centenary Foundation Day celebrations of IIT-ISM Dhanbad, Adani said the state is poised for rapid development in the coming years.

Gautam Adani promises investments in Dhanbad and announces energy transition initiatives during IIT-ISM Dhanbad Centenary celebrations

When asked about the group's plans for Dhanbad, he remarked, “Investments will come soon. People may call mining the old economy, but without it, there is no new economy.”

Adani Group’s Energy and Green Initiatives:

• The conglomerate is set to invest over $75 billion in energy transition over the next five years.

  
  

• These investments aim to build the world’s fastest-growing renewable energy company.

  
  

• The energy transition will support electricity-based manufacturing, green steel, green fertilisers, hydrogen ecosystems, and critical infrastructure powering AI and digital economies.

  
  

• Gautam Adani highlighted that the global green energy transition could become a trillion-dollar industry in the coming decades.

  
  

Education and Skill Development Initiatives:During the event, Prof. Dheeraj Kumar, Deputy Director of IIT (ISM) Dhanbad, announced:

• 50 annual paid internships for third-year students sponsored by the Adani Group.

  
  

• The establishment of an Adani 3S Mining Excellence Centre at IIT-ISM Dhanbad.

  
  

Prof. Kumar appreciated Adani for inspiring students with his speech, urging them to “Dream boldly, strive continuously, embrace innovation and contribute to building a self-reliant India.”

Gautam Adani also addressed concerns raised at COP-30 in Brazil, defending India’s sustainability record and reiterating the country’s commitment to energy transition despite ongoing coal block auctions.