Gautam Adani 
Finance

Gautam Adani announces Rs 65,000 cr investment in energy, cement projects in Chhattisgarh

Industrialist Gautam Adani on Sunday called on Chhattisgarh Chief Minister Vishnu Deo Sai and announced an investment of Rs 65,000 crore in the Adani Group's energy and cement projects in the state, officials said.

Raipur | Industrialist Gautam Adani on Sunday called on Chhattisgarh Chief Minister Vishnu Deo Sai and announced an investment of Rs 65,000 crore in the Adani Group's energy and cement projects in the state, officials said.

Adani met Sai at the latter's official residence in Chhattisgarh capital Raipur, a statement issued by the state's public relations department said.

During the meeting, Adani announced a planned investment of Rs 60,000 crore to expand the group's power plants in Raipur, Korba and Raigarh in the state. This expansion will enhance Chhattisgarh's total power generation capacity by an additional 6,120 MW, the statement said.

Additionally, the Adani Group chairman also committed Rs 5,000 crore for the development and expansion of the group's cement plants in the state, it said.

On the advice of the CM, Adani also assured the state government of a Rs 10,000 crore impetus over the next four years to support initiatives in education, healthcare, skill development and tourism under the Corporate Social Responsibility (CSR) and beyond from the Adani Group, the statement said.

The meeting also explored potential collaborations in manufacturing defence-related equipment and establishing data centres as well as a Global Capability Centre in Chhattisgarh, it said.

Rastriya Swatantra Party set to form next government in Nepal

Rahul Gandhi unveils 5 poll guarantees for Kerala, targets PM Modi and CM Vijayan

LPG price hiked by Rs 60; govt says impact just 20 paise/person/day, no petrol or diesel hike

CEC says pure electoral rolls are bedrock of democracy; Kerala polls to be global model

Deal with US handed over entire Indian data resources to them: Rahul Gandhi