In a bold move to strengthen Chhattisgarh’s industrial landscape, the Adani Group has committed to a massive Rs 60,000 crore investment to expand its power generation infrastructure in the state.
The announcement came during a key meeting between Gautam Adani, Chairman of the Adani Group, and Chhattisgarh’s Chief Minister, Shri Vishnu Deo Sai. The meeting, shared via social media by the Chief Minister’s Office (CMO), revealed that the expansion would significantly increase the state’s power capacity.
The Adani Group plans to enhance its power plants in Raipur, Korba, and Raigarh. This expansion is expected to add 6,120 MW to Chhattisgarh’s total power generation capacity, reinforcing the state’s position as a vital energy hub.
Also Read: Foreign Investment In Indian Real Estate Soars In 2024; Led by Singapore, US, And Canada
Beyond the power sector, Gautam Adani also pledged an investment of Rs 5,000 crore for the development of the group’s cement plants in the region. This additional commitment aims to further bolster Chhattisgarh’s industrial growth.
In a move to support social development, Adani assured the state government of a Rs 10,000 crore contribution over the next four years. These funds will be directed towards initiatives in education, healthcare, skill development, and tourism, under the group’s Corporate Social Responsibility (CSR) programs.
The discussions also touched upon new opportunities for collaboration, including the potential to manufacture defense-related equipment, as well as establish data centers and a Global Capability Centre in the state. These projects are expected to not only contribute to the region’s economic growth but also create new job opportunities.
Adani Power Limited (APL), a key player in the Adani Group, currently holds the title of India’s largest private thermal power producer. With a capacity of 15,250 MW across various states, including Chhattisgarh, APL’s footprint in the energy sector is set to expand further, bringing transformative change to the region.
This investment underscores Adani Group’s long-term commitment to Chhattisgarh’s growth, creating a ripple effect that could redefine the state’s economic landscape for years to come.
The Delhi Congress party unveiled a major promise to address the issue of unemployment among…
PM Modi expressed unwavering confidence in the potential of India's youth, emphasizing that they are…
Gautam Adani, Chairman of the Adani Group, met Guru Prasad Swami Maharaj, Chairman of the…
The event, known as the largest religious congregation on Earth, is expected to generate over…
The ED has escalated its investigation into the financial irregularities associated with the Vaishali Cooperative…
At least 16 people have died, and wildfires have destroyed over 12,000 structures in Los…