Adani Group Unveils Ambitious Bihar Project: A Rs 20,000-Crore Power Plant, Infrastructure Upgrade, and Multipronged Development Strategy

The Adani Group, an Indian conglomerate, plans to invest Rs 27,900 crore in Bihar, creating 53,500 jobs in the state. The announcement was made by Pranav Adani, Managing Director of agro, oil, and gas, and Director of Adani Enterprises, at the ‘Bihar Business Connect 2024’ summit in Patna. The group has already invested Rs 850 crore in logistics, gas distribution, and agri-logistics, creating 25,000 jobs. Further investments of Rs 23,000 crore are planned, which will increase warehouse capacity and expand presence in electric vehicles, city gas distribution, and compressed biogas. The group is also collaborating with the Bihar government to explore Rs 1,000 crore investment in infrastructure projects. Additionally, investments of Rs 2,100 crore in smart meters and Rs 2,500 crore in a cement plant are planned, which will create 4,000 and 9,000 jobs respectively. The group also plans to invest Rs 20,000 crore in an ultra-supercritical thermal power plant. Adani praised the leadership of Bihar CM Nitish Kumar, stating that the group remains the “largest private investor in Bihar” and is confident in the state’s growth potential.