The Adani Group has announced various investments in Bihar, including projects in the thermal power, smart meters, cement, logistics, gas distribution, and agri-logistics sectors. At the 2024 Bihar Business Connect investor summit, Pranav Adani, Managing Director (Agro, Oil & Gas) and Director of Adani Enterprises, made the announcements. The group is planning to invest Rs 2,300 crore in logistics, gas distribution, and agri-logistics, creating 27,000 direct and indirect jobs. The company is also investing Rs 1,000 crore in strategic infrastructure, including Gati Shakti Railway Terminals and Industrial Warehousing Parks. Additionally, Adani will invest Rs 2,100 crore to manufacture and install 28 lakh smart meters, generating 4,000 local jobs. The group will also invest Rs 2,500 crore to set up a cement manufacturing capacity of 10 MMTPA, creating 9,000 jobs. Furthermore, Adani plans to invest Rs 20,000 crore to set up an ultra-supercritical thermal power plant, which is expected to generate at least 12,000 jobs and 1,500 skilled jobs during the operational phase. Overall, these investments are expected to generate thousands of direct and indirect job opportunities in the state.
Adani Group is planning major investments in Bihar, earmarking Rs 20,000 crores for the energy sector, Rs 2,100 crores for smart meter infrastructure, and Rs 2,500 crores for its cement business.
by newsworm | Dec 21, 2024 | Adani Enterprises | 0 comments