Adani showered money on Telangana, will spend ₹12400 crore, 50000 crore on Maharashtra too
Industrialist Gautam Adani’s company Adani Group has made a big investment in the Congress ruled state of Telangana. Adani’s company Adani Group has decided to make a mega investment of Rs 12500 crore in Telangana. Adani will invest Rs 50,000 crore in Maharashtra. Adani Group will invest a total of Rs 62400 crore in the next 10 years on setting up data centers and other projects in Maharashtra and Telangana.
50000 crore investment in Maharashtra
Adani Enterprises said in a statement on Wednesday that it will invest Rs 50,000 crore in the next 10 years to set up a one gigawatt capacity data center in Maharashtra. This center will be established in Mumbai or Navi Mumbai and Pune. For this, the MoU was signed in Davos. This MoU was signed in the presence of Maharashtra Chief Minister Eknath Shinde and Adani Group Chairman Gautam Adani during the ongoing WEF annual meeting in Davos. The company said that this data center will be located in major locations like Mumbai or Navi Mumbai and Pune. will be installed. It will be powered by renewable energy which will enhance green energy infrastructure in Maharashtra and provide direct and indirect employment to 20,000 people.
12500 crore investment in Telangana
Apart from this, Adani Group will invest Rs 5,000 crore in setting up a 500 MW capacity DENT Center in Telangana in the next five-seven years. This will provide employment to about 600 people. Apart from this, clean energy project and a factory of Ambuja Cement will also be set up in Telangana. According to the statement, an investment of more than Rs 1,000 crore will be made in 10 years to create a comprehensive environment for research, development, manufacturing and integration of drones and anti-missile systems. In this way Adani Group will invest a total of Rs 12,400 crore in Telangana. An MoU to this effect was signed during the Davos meeting. During this, Telangana Chief Minister Revanth Reddy and Adani were also present.
