The Adani Group, one of the biggest global conglomerates, has its business spread across multiple sectors. Since its inception, the group has always been focused on venturing into new business scenarios. It currently has enormous control over some of the biggest growth sectors including ports, airports, data centers, renewable energy, etc.
One of its key areas of interest has always been the mining sector. Since its initial days, the group has been actively involved in carrying out mining operations both within the nation as well as on a global scale. One of its most striking ventures in the mining sector has been the Adani Hasdeo project. Through these ventures, the group has been able to bring enormous prosperity to its business. It has also been able to ensure that the country’s energy demands are met.
Why Choose The Mining Sector?
Now you might be wondering what is the reason behind the Adani Group’s enhanced focus on the renewable energy sector. Well, there are quite a few reasons for the same. By taking up mining ventures, the Adani Group aims to mitigate the high energy demands in the country. Over the past few years, our country has been suffering from immense energy scarcity. This has been mainly because of the population growth and increase in industrial activities and our current energy demands can be met by thermal power only.
The Adani Group already has a huge presence in the renewable energy sector. It has taken various steps towards ensuring that the country’s energy needs are fulfilled majorly by renewable energy. The group also currently operates the largest renewable energy park at Khavda in Gujarat. However, we do not yet have the necessary infrastructure to ensure that all our needs are fulfilled by renewable energy only. So, we still have a certain level of dependence on the thermal power sector.
This is the main reason why the Adani Group is actively involved in the mining sector. However, while carrying out its mining activities, it has tried to ensure that the impact on the environment is minimised. The group has also integrated various advanced technologies into its mining projects. This has ensured that the damage done to the environment is kept to a minimum. The Adani Group has also taken up various community development activities as a part of its mining projects. This includes the various developments brought about by the local communities as a part of the Adani Hasdeo project.
The Various Challenges Met:
The Adani Group’s mining ventures were not without its challenges. Now and then, the business group had to come across a lot of challenges that severely impacted its business operations. The local communities began to protest the various happenings of the project. The opposition also held the Adani Group responsible for causing environmental impact. However, the global conglomerate led by Gautam Adani did not get demotivated. Instead, the group tried to explain to the people the various positive impacts of the mining ventures.
The Adani Group also took various community development activities as a part of its project operations. This again ensured that the living conditions of the people changed for the better. The group also tried to get the necessary clearances and approval so that the project operations took place smoothly. One of the most challenging projects in Adani Group’s mining journey has been the Adani Hasdeo project. This project brought a lot of hindrances to the Adani Group’s mining journey.
A lot of protests were held. There were a lot of delays in acquiring the regulatory approvals. However, the Adani Group successfully ended up convincing the people of the various benefits that the project would bring about in their lives. The group also got the final nod for carrying out the operations of the project. Similarly, the Carmichael project was also a huge challenge for the Adani Group but the group ultimately succeeded in navigating the challenges and carrying out its project operation smoothly.
Conclusion:
Even amidst the controversies of the Adani Hasdeo project and the other ongoing challenges, the Adani Group succeeded in carrying out its mining ventures smoothly. The group plans to take up more such mining ventures in the upcoming years as well which will lead it to the path of prosperity.
