Adani Group News: After Bihar, Tamil Nadu...Adani Group will invest Rs 42700 crore, invested money in these states also
Gautam Adani Networth: Adani Group said in the statement that Adani Green Energy Limited will make the biggest investment of Rs 24,500 crore in three pumped storage projects related to hydroelectricity in the next five to seven years.
HR Mandi Bhav: Adani Group in Tamilnadu: After Bihar, Adani Group is planning to invest heavily in Tamilnadu. Gautam Adani-led Adani Group will invest Rs 42,700 crore in different sectors in Tamil Nadu. The group made this commitment at the Global Investors Summit (GIM) 2024.
The memorandum of understanding (MOU) between the group and the state government was signed in the presence of Chief Minister MK Stalin, Industries Minister T RB Raja, Adani Ports and Special Economic Zone (SEZ) Managing Director Karan Adani at the concluding session of the program organized by the ruling DMK government. Was signed.
Big investment in the coming five to seven years
Adani Group's investment is one of the solo projects to be acquired by the state government. Adani Group said in the statement that Adani Green Energy Limited will make the biggest investment of Rs 24,500 crore (out of total Rs 42,700 crore) in three pumped storage projects related to hydroelectricity in the next five to seven years. Apart from this, the group's hyperscale data center provider Adani Conex will invest Rs 13,200 crore to start the data centre.
Announcement of investment of Rs 8700 crore in Bihar.
Ambuja Cements has committed to invest Rs 3,500 crore in the state for starting three cement grinding units. Adani Total Gas Limited will invest Rs 1,568 crore in the next eight years.
Recently, Adani Group had announced huge investment in Bihar. In mid-December, the group announced an investment of Rs 8,700 crore in various sectors including cement manufacturing, logistics and agro industry in Bihar. This announcement was made by the Director of Adani Enterprises during 'Bihar Business Connect-2023'.
Before Bihar, Adani Group had announced to invest Rs 75,000 crore in Gujarat in December 2023 itself. This investment includes energy, ports, logistics, aerospace and other sectors.
This investment is expected to provide employment to more than 2 lakh people in Gujarat. In the coming time, Adani Group will provide employment to a large number of people.