Adani Group too commits Rs 20,000-crore
10 Oct 2014 10:09 PM GMT
Adani Group-led by billionaire Gautam Adani on Thursday pledged to invest Rs 20,000 crore in Madhya Pradesh during the next five years in various projects.
Speaking at the Global Investors’ Summit, he said Adani group’s association with Madhya Pradesh dates backs to early 1990s. The group is also partnering the state government in creating agri infrastructure facility for storage of 3.5 lakh grains.
In field of power generation, the group is shortly commencing the construction of 2X660 MW at Chindwara and also an MoU will be signed soon for faster evacuation of cargo from Hazira and Mundra ports. ‘These, as well as other projects under evaluation, will see Adani Group investing a total of Rs 20,000 crore in Madhya Pradesh over next five years,’ Adani said.
Speaking at the Global Investors’ Summit, he said Adani group’s association with Madhya Pradesh dates backs to early 1990s. The group is also partnering the state government in creating agri infrastructure facility for storage of 3.5 lakh grains.
In field of power generation, the group is shortly commencing the construction of 2X660 MW at Chindwara and also an MoU will be signed soon for faster evacuation of cargo from Hazira and Mundra ports. ‘These, as well as other projects under evaluation, will see Adani Group investing a total of Rs 20,000 crore in Madhya Pradesh over next five years,’ Adani said.
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