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The Adani Group, controlled by billionaire Gautam Adani, aims to generate 45 gigawatts (GW) of renewable power by 2030, with two-thirds of that being produced at its $18.01 billion Khavda renewable energy park in Gujarat, bordering Pakistan.
Adani Green Energy Limited's Khavda project in Gujarat aims to be world's largest power plant with a focus on renewable energy sources, including solar and wind, supported by significant investments and government backing.
Adani Green Energy announced securing a $1.36 billion senior debt facility, its largest project financing yet under the Construction Financing Framework. This enhances the total funding to $3 billion since March 2021. The funding, backed by a consortium of international banks, supports AGEL's pivotal Renewable Energy Park development in Gujarat's Khavda, emphasizing its strategic significance.