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The Hindu

National

M. Rajeev

Adani Group to invest ₹12,400 cr in Telangana in the coming years

Adani Group Group Telangana Gautam Adani

Adani Group headed by its chairman Gautam Adani has announced investments to the tune of ₹12,400 crore in Telangana in the next few years.

The Group’s company Adani Green Energy will invest ₹5,000 crore for setting up two pumped storage projects of 1,350 MW capacity and another firm AdaniConneX Data Centres has announced investment of an equal amount for setting up a data centre campus in Chandanvelly with a total capacity of 100 MW.

Ambuja Cements Ltd, part of the Adani Group, has decided to invest ₹1,400 crore in a cement grinding unit with 6 metric tonne a year capacity and Adani Aerospace and Defence will invest ₹1,000 crore in counter drone systems and missile development and manufacturing centre at Adani Aerospace and Defence Park here.

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