Adani Group to invest Rs 65,000 crore in Rajasthan in next 5-7 years, 40,000 new job opportunities.
Adani Group: The Adani Group will invest Rs 65,000 crore in various sectors, including renewable energy, in Rajasthan over the next 5-7 years. Adani Group Chairman Gautam Adani gave this information during the inauguration of the Rajasthan Investment Conference on Friday. “We are expecting an investment of Rs 65,000 crore in the next 5-7 years in all existing and future projects in the state. This will create 40,000 employment opportunities directly and indirectly.
Rs 7,000 crore investment to double manufacturing capacity
Adani said that in renewable energy projects of 10,000 MW capacity are at various stages of implementation. 50,000 crore is being invested in this. “We have started commercial operation of hybrid project (wind and solar) in the state,” he said. Besides this the group will invest Rs 7,000 crore to double the cement manufacturing capacity in the state. Notably, the company has recently acquired Ambuja Cement and ACC.
Adani said other projects in the state include making Jaipur airport a world class facility, developing the supply network of PNG and CNG and rapidly increasing the availability of clean fuel. He said that a new transmission project would also be constructed for the renewable energy produced. He said that the state would definitely develop rapidly with the favorable industrial policies of the Rajasthan government.
Already generating over 1,500 MW of green energy
Our joint venture with the Government of Rajasthan, which has pioneered a fully functional solar park of 10,000 MW. Already generating more than 1,500 MW of green energy. Also, our group’s direct investment in renewable energy in Rajasthan continues to accelerate and we have already done so. Over 4,000 MW projects have been commissioned with an investment of Rs 20,000 crore. In addition, over the past decade we have been supplying fuel to Rajasthan to help with production. We are operating 19 grid sub-stations and associated high-voltage transmission lines, operating the Dry Port Container Terminal, managing and expanding the Kishangarh – Jaipur airport, as well as operating two food and oil manufacturing plants at Alwar and Bundi. is also included in this. Overall, it is proud to say that the Adani Group has already invested more than Rs 35,000 crore in several industrial sectors in the state of Rajasthan.