Adani To Invest Rs 75,000 Crore In Madhya Pradesh: See How Will It Help State

Investment worth crores

The Adani Group, a large Indian conglomerate, announced plans to invest ₹75,000 crore (approximately $9.2 billion) in Madhya Pradesh, India.

Infrastructure

This includes development of the Mahakal Expressway, which will connect Ujjain, Indore, and Bhopal. The project totaling Rs 5,000 crore, will be allocated towards the construction.

Cement Sector

The Adani Group is planning to expand its cement production capacity in the state with the investment of Rs 5,000 crore to set up a 4-million-tons-per-annum clinker unit in Chorgadi and two cement grinding units, in Dewas and Bhopal, with a combined capacity of 8-million-tons-per-annum.

Energy

This includes both thermal and renewable power generation, as well as city gas distribution networks. The investment includes CGD, LNG, EV and BIO, will exceed Rs 2,100 crore. With this, gas distribution network in 5 geographical areas will increase: Bhind, Burhanpur, Anuppur, Tikamgarh and Alirajpur.

Other sectors

The investment may also cover areas like agriculture and natural resources.

Employment

This investment is expected to create over 15,000 jobs in Madhya Pradesh. The Adani Group already has existing investments in the state, amounting to nearly ₹18,000 crore, and has created approximately 11,000 jobs so far.

Economic Infrastructure

This announcement is seen as a positive development for Madhya Pradesh, as it is expected to boost the states economy and infrastructure.