APRIL 20258JICA TO SIGN AGREEMENT WITH INDIA TO BOOST SEMICONDUCTOR INDUSTRYADANI GREEN ENERGY COMMISSIONS 480 MW CAPACITY, MOVES CLOSER TO LARGEST RE PARKOn 30 March 2025, Adani Green Energy Limited has informed that the functionalization of 480 MW solar and wind energy capacity at Khavda in Gujarat, with six plants, has happened.This is part of the company's idea to build the largest multi-source power plant at one single point, aiming for a capacity of 30GW by 2029. Through this site-wise installation, Adani Green aims to reach a cumulative capacity of 50 GW by 2030 in India. TOP STORIESThe installation of about 5 GW capacity at Khavda has been going on since the project started in April 2023 in this open area in Kutch, covering an area of 1,32,943 acres (53,800 hectares)-about the size of Bombay or five times the area of Paris. The project will consist of 26 GW of solar energy with 60 million solar modules and 4 GW of wind energy from 770 wind turbines. The company stated, "With commissioning of these plants, AGEL's total operational renewable generation capacity has increased to 14,217.9 MW, [capacity including at Tamil Nadu and Rajasthan locations."The officials said, "The entire Adani ecosystem is helping in the timely execution of this project despite severe challenges faced in the desolate terrain of Khavda, which experiences severe climatic conditions and is devoid of habitation and basic infrastructure."They also added, "While Adani New Industries Ltd is manufacturing wind turbines and solar wafers, the transmission network is being laid by Adani Energy Solutions. Logistical solutions are being provided by Adani Ports & SEZ while cement and concrete is supplied by ACC and Ambuja Cement, both group entities. Adani infrastructure is exciting the project". The Japan International Cooperation Agency (JICA) plans to reach a normalization agreement to support India's semiconductor industry, enhancing innovation and skills in the sector. Takeuchi Takuro, Chief Representative of JICA India, in an interview with Business Standard, mentioned they do not know what the project is since it is still early, but the Indian government already identified Gujarat and Assam.He clarified the project will align with the Indian government policy. JICA signed six agreements in multiple sectors, with a value of 111,181 crore on Thursday. This involves a partnership that was announced last year between the Indian Institute of Technology Hyderabad and Renesas Electronics Corporation, a supplier of advanced semiconductor solutions out of Japan."Ensuring economic security is critical since the Indian government is optimistic about creating the semiconductor business. Japan is a country that has most the power in this area and we have a lot of good companies globally in semiconductor business. So, this is our biggest interest now," Takuro noted.Launched in 2021 with an outlay of 176,000 crore, the India Semiconductor Mission (ISM), aims to establish a robust semiconductor and display ecosystem. India's semiconductor consumption market is estimated to reach $52 billion in 2024-25 and will grow with a strong Cagr of 13 percent until 2030. The automotive and industrial electronics sector offers significant opportunities for value addition, according to a report from the India Electronics and Semiconductor Association (IESA)."The conversation started in 2023, and we are now having conversations about this with all the relevant parties in the Indian government, including Meity (Ministry of Electronics and Information Technology), state governments and some national universities," Takuro added.
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