Gautam Adani announces mega investment of Rs 65,000 crore in Chhattisgarh’s energy, cement industries

Industrialist Gautam Adani met Chhattisgarh Chief Minister Vishnu Deo Sai on Sunday and announced a major investment of Rs 65,000 crore for the state. This investment, aimed at expanding the Adani Group’s energy and cement projects, is expected to drive significant growth in the region. The meeting took place at the Chief Minister’s official residence in Raipur.

During the meeting, Adani outlined plans to invest Rs 60,000 crore to expand the Group’s power plants in Raipur, Korba, and Raigarh. This expansion will boost Chhattisgarh’s total power generation capacity by an additional 6,120 MW. Furthermore, Adani committed Rs 5,000 crore for the development and expansion of the Group’s cement plants in the state, aiming to enhance the cement manufacturing capabilities.

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In addition to the energy and cement projects, Gautam Adani assured the state government of a Rs 10,000 crore investment over the next four years for corporate social responsibility (CSR) initiatives. These initiatives will focus on sectors such as education, healthcare, skill development, and tourism, which are expected to benefit under the Adani Foundation’s support.

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The meeting also explored potential collaborations in the manufacturing of defense-related equipment and the establishment of data centers and a Global Capability Centre in Chhattisgarh. This diversified approach aims to further enhance the state’s development across multiple sectors.

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The total planned investment by the Adani Group in Chhattisgarh, including the energy, cement, CSR, and other sectors, is expected to reach Rs 75,000 crore, creating new job opportunities and spurring economic growth in the state. This announcement is seen as a significant step towards Chhattisgarh’s continued development.

(With PTI Inputs)

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