Posted by NewAdmin on 2025-02-05 08:54:35 |
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The Adani Group has unveiled a substantial investment strategy, committing approximately Rs 28,000 crore to various sectors. This initiative is poised to stimulate economic growth and generate significant employment opportunities.
A cornerstone of this investment is the establishment of an ultra-supercritical thermal power plant, with an allocation of around Rs 20,000 crore. While specific details regarding the plant's capacity and location remain undisclosed, such facilities typically have a capacity of approximately 1,980 megawatts and utilize coal for electricity generation. This project is anticipated to create approximately 12,000 jobs during the pre-commissioning phase and an additional 1,500 skilled positions once operational.
In the cement sector, the Adani Group plans to invest Rs 2,500 crore to establish a manufacturing capacity of 10 million tonnes per annum (MTPA) through multiple phases. This expansion is expected to generate at least 9,000 direct and indirect employment opportunities.
The conglomerate is also focusing on the logistics sector, with an investment of Rs 2,300 crore aimed at enhancing warehousing and handling capacities. This initiative includes expanding the group's presence in electric vehicles (EVs), city gas distribution (CGD), and compressed biogas (CBG) sectors, collectively expected to create an additional 27,000 direct and indirect jobs.Furthermore, the Adani Group is exploring the development of strategic infrastructure projects, such as Gati Shakti Railway Terminals, Inland Container Depots (ICDs), and Industrial Warehousing Parks, with a potential investment of Rs 1,000 crore. In the technology segment, the group plans to invest Rs 2,100 crore to manufacture and install over 2.8 million smart meters, aiming to automate power consumption monitoring in five cities. This project is expected to generate at least 4,000 local jobs.
These comprehensive investment plans underscore the Adani Group's commitment to fostering economic development and job creation. The initiatives are anticipated to significantly contribute to the region's industrial growth and infrastructure development.