In the Regional Industry Conclave 2024, Pranav Adani, Director of Adani Enterprises, announced this investment amount.
During the Regional Industry Conclave 2024 held in Ujjain, Pranav Adani, Director of Adani Enterprises, announced on Thursday that the Adani Group would invest 75,000 crore rupees in Madhya Pradesh in the coming times. Speaking in the presence of Chief Minister Mohan Yadav, Pranav Adani stated, “I see considerable potential for development in energy and infrastructure in Madhya Pradesh, and the Adani Group is quite enthusiastic about investing in Madhya Pradesh.” The Adani Group operates in various sectors in Madhya Pradesh, including roads, cement, natural resources, thermal power, renewable energy, and power transmission.
Created 11,000 job opportunities According to reports, Pranav Adani mentioned that our cumulative investment in the state currently stands at 18,000 crore rupees, and we have created 11,000 job opportunities in Madhya Pradesh. He said that the Adani Group will continue its investment and will not only double but invest up to 75,000 crore rupees. This includes an investment of 5,000 crore rupees to build the Mahakal Expressway from Ujjain to Indore, passing through Bhopal. We will set up a clinker unit producing 4 million tons annually in Chorgaon, and establish two cement grinding units with a combined capacity of 8 million tons annually in Dewas and Bhopal, investing 5,000 crore rupees for the same.
Significant investment in these sectors The Adani Group will invest 4,000 crore rupees in the natural resources sector. Additionally, we will invest 600 crore rupees to expand our presence in food processing, agricultural logistics, and defense manufacturing. Furthermore, city gas distribution, bio, liquefied natural gas, and electric vehicles are included, with an investment of over 2,100 crore rupees.
Largest investment in the power sector Pranav Adani stated that the Adani Group’s largest investment in the state would be in expanding affordable electricity access. We will invest around 30,000 crore rupees to increase the electricity generation capacity at the Energy Plant in Singrauli from the existing 1200 megawatts to 4400 megawatts. He mentioned that approximately 75,000 crore rupees of investment in the industrial sector in the state would create more than 15,000 direct and indirect job opportunities.
