Fri. Mar 29th, 2024
India's Richest people- Gautam AdaniSource: Wikipedia

Indian billionaire businessman and the chairman and founder of the Adani Group — Gautam Adani, on Tuesday, met UK Prime Minister Boris Johnson at the Global Investment Summit and announced that his group pledged to invest $70 billion to energy transition through solar and others.

After meeting PM Johnson, Mr Adani expressed his gratitude and said: “Honoured to meet UK PM Boris Johnson at the Global Investment Summit.”

He praised the leadership for coordinating global climate action and said that Adani Group will invest $70 billion in energy transformation.

“Honoured to meet UK PM @BorisJohnson at the #GlobalInvestmentSummit. What a platform! Inspiring leadership in synchronizing global climate action. @AdaniOnline will commit $70bn to Energy Transition via Solar, Wind & H2. Thank you, UK Govt and @TradeGovUK, for the opportunity,” Mr Adani said in a tweet.

“Chairman @Gautam_Adani says the battle against climate change must be fought with equitable and pragmatic policies. Speaking on the sidelines of the UK Govt’s Global Investment Summit in London, he called for setting practical goals and agendas to overcome the climate crisis,” Adani Group took to Twitter on Tuesday.

Global Investment Summit

On October 19,  London organised the Global Investment Summit to welcome foreign investments in Britain. According to an official release of the UK Government, investors committed £10 billion at the summit. 

UK PMO in a statement said, “At least 30,000 new jobs will be created around the UK thanks to £9.7 billion of new foreign investment.”

Including the deal signed by Adani Group to support green growth, almost 18 deals were signed at the summit.  Sectors that saw an investment include wind and hydrogen energy, sustainable homes and carbon capture and storage, securing the UK’s climate leadership for COP26 and beyond, the UK Government said.

He added, “This is just the start. We will see new partnerships for green growth forged at today’s Global Investment Summit, as we look ahead to COP26 and beyond.

By Harshita Sharma

I bring to you updates from business, policy and economy spectrum.

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