After Rs 35k cr for Rajasthan’s industries, Adani Group to invest Rs 50k cr for green energy in state

After putting in Rs 35,000 crore for Rajasthan’s industries, Adani Group is all set to invest an additional Rs 50,000 crore to boost green energy production by adding 10,000 MW in the next five years. The company’s chairman, Gautam Adani, announced this at the Invest Rajasthan 2022 Summit.

Following our acquisition of Ambuja and ACC, we anticipate investing Rs 7,000 crore in Rajasthan to expand our cement production, he said at the summit.

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Adani Group invested over Rs 35,000 cr across multiple industrial sector in Rajasthan. Continuing our investment in renewable business, another 10,000 MW with an investment of Rs 50,000 cr is under implementation: Adani Group chairman Gautam Adani at Invest Rajasthan 2022 Summit pic.twitter.com/JXq65BsFht — ANI (@ANI) October 7, 2022

Lauding Chief Minister Ashok Gehlot’s schemes for the state, he said CM Gehlot's schemes like the Anuvrati scheme have played a key role in the education sector. Out of all our plants, our fastest was made in Rajasthan within 36 months because of the quick clearances made by Rajasthan CM Ashok Gehlot, he said.

“We will also develop a network of green fuels like PNG and CNG. A new transmission project will also be generated. We anticipate investing an additional Rs 6,50,000 crore in the next five to seven years which is expected to give employment to 40,000 people,” said Gautam Adani.

“We will transform Rajasthan into an oasis of jobs,” he said.