Sagar Adani Outlines Electrification Push as Key To India’s Energy Security
At Economist Summit, Sagar Adani highlights electrification as India's key defence against global energy shocks.
Sagar Adani, Executive at the Adani Group involved in its energy portfolio, has said that India’s strongest defence against global risks is to “electrify everything,” highlighting the central role of energy in the country’s long-term economic and strategic stability. He made the remarks at The Economist’s Resilient Futures Summit held in New Delhi.
His comments come at a time when rising geopolitical tensions in the Middle East, including the ongoing US-Iran conflict, have raised concerns over global energy supply chains. With India heavily dependent on imported fossil fuels, disruptions in international shipping routes and oil markets continue to pose economic risks.
Adani noted that modern energy shocks can spread rapidly across global economies, affecting prices and supply chains almost instantly. He argued that for India, the issue goes beyond immediate volatility and is tied to structural challenges such as water security, food systems, and digital infrastructure, all of which depend on reliable and affordable energy access.
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He pointed out that India’s per capita energy consumption remains significantly lower than global averages, estimating it at about one-third of the world average and nearly one-fifth of China’s level. According to him, if India aims to become a developed economy by 2047, it will need to add close to 2,000 gigawatts of new energy capacity over the next two decades while maintaining affordability and transitioning toward cleaner sources.
Citing projections from the International Energy Agency, he said India is expected to become the largest driver of global energy demand growth through 2035 due to rapid urbanisation and rising incomes. This, he added, places India at the centre of future global energy dynamics, making its domestic energy strategy critically important not just for itself but for the world.
On the transition strategy, Adani said renewable energy must expand rapidly, but stressed that solar and wind alone are not sufficient due to land constraints and intermittency. He called for a balanced energy mix that includes hydro power, efficient thermal energy, and nuclear power to ensure consistent supply. He also highlighted the Adani Group’s investment focus on integrated energy infrastructure, including renewables, storage systems, transmission networks, and green hydrogen. He referred to the group’s long-term commitment of over $100 billion toward energy transition efforts.
Adani concluded that if India can rapidly scale affordable and cleaner electricity, it will not only protect its population from global shocks but also strengthen global economic stability as the country becomes an increasingly important driver of world growth.
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