The Adani Group has announced investments of over Rs 12,400 crore in Telangana across various sectors. The announcement came after Adani Group Chairman, Gautam Adani and Telangana Chief Minister A Revanth Reddy held a meeting at the World Economic Forum in Davos.<\/p>\n\n\n\n
The Adanis have signed four agreements with the state government to collaborate for development in different sectors in the state. \u00a0<\/p>\n\n\n\n
Adani Enterprises Limited (AEL) to invest over Rs 5,000 crore in a 100-mw data centre campus, which will be powered by renewable energy, in the coming 5-7 years.<\/p>\n\n\n\n
According to the Adani Group statement released on January 17, AEL will work with micro, small and medium enterprises and new players in the market to develop an internationally competent supplier base for the project.<\/p>\n\n\n\n
The statement further added saying this will generate jobs for 600 people, directly and indirectly.<\/p>\n\n\n\n
To set up two pump storage projects (PSPs)-850MW at Koyabestagudem and 500 MW PSPs at Nacharam, Adani Green Energy Limited (AGEL) will invest over Rs 5,000 crore.<\/p>\n\n\n\n
Ambuja Cement will invest Rs 1,400 crore to set up a 6 MTPA cement plant. According to reports, the unit would be set up across 70 acres and would significantly enhance Ambuja\u2019s capability. The reports further suggest that the investment will give employment opportunities to over 4,000 people.<\/p>\n\n\n\n
In a span of 10 years, the Adani Defence System and Technologies Limited will invest over Rs 1,000 crore, to set up a comprehensive ecosystem for the research, development, design manufacturing and integration of counter-drone and missiles systems at the Adani Aerospace Park in Telangana.<\/p>\n\n\n\n
Such projects would enhance the defence capability of India and create huge employment to over 1,000 people.<\/p>\n\n\n\n
The Chief Minister of Telangana has assured the Adani Group of the state’s commitment to provide the necessary amenities, infrastructure, and support for the successful execution of their projects.<\/p>\n\n\n\n
In response to this development, Adani expressed optimism about the investor-friendly environment in Telangana and applauded the new government’s policies. He affirmed the Adani Group’s commitment to rapid growth in the state.<\/p>\n","protected":false},"excerpt":{"rendered":"
Adani Enterprises Limited (AEL) to invest over Rs 5,000 crore in a 100-mw data centre campus, which will be powered by renewable energy, in the coming 5-7 years.<\/p>\n","protected":false},"author":4,"featured_media":499012,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","footnotes":"","jetpack_publicize_message":"Adani Group to invest over Rs 12,400 crore in Telangana","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1518,128918],"tags":[7492,161678,2131],"yst_prominent_words":[],"ppma_author":[140543],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/d2r2ijn7njrktv.cloudfront.net\/apnlive\/uploads\/2024\/01\/17164953\/Revanth_Reddy_Adani_1200-1.webp","jetpack_sharing_enabled":true,"authors":[{"term_id":140543,"user_id":4,"is_guest":0,"slug":"apnnewsdesk","display_name":"APN Live","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/478eacb893eda88aa6ed8d99b005bf58?s=96&r=g"}],"_links":{"self":[{"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/posts\/499008"}],"collection":[{"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/comments?post=499008"}],"version-history":[{"count":0,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/posts\/499008\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/media\/499012"}],"wp:attachment":[{"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/media?parent=499008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/categories?post=499008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/tags?post=499008"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/yst_prominent_words?post=499008"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/ppma_author?post=499008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}