Adani Group has announced plans to invest more than Rs 12,400 crore in various projects in Telangana, covering a spectrum of sectors including data centers, clean energy, and cement production. The agreements for these investments were signed during the World Economic Forum in Davos, in the presence of Telangana Chief Minister Revanth Reddy and Adani Group chairman Gautam Adani.

Diverse Investments Across Sectors

The conglomerate’s flagship firm, Adani Enterprises, will allocate Rs 5,000 crore for establishing a 100 MW data center powered by green energy. Simultaneously, its renewable energy arm, Adani Green Energy Ltd, will invest a similar amount in developing two pump storage projects. Additionally, Ambuja Cements, a subsidiary of the group, will contribute Rs 1,400 crore to construct a 6 MTPA cement plant, while Adani Defence and Aerospace will inject Rs 1,000 crore into setting up facilities for counter drone and missile systems.

Economic Growth and Sustainability

The signing of these Memorandums of Understanding (MoUs) marks a significant step towards fostering green, sustainable, inclusive, and transformative economic growth in Telangana. The investments are poised to create employment opportunities and bolster the state’s infrastructure.

Project Highlights

Adani Enterprises Ltd plans to establish a 100 MW data center over the next 5-7 years, emphasizing renewable energy sources. This initiative aims to collaborate with local MSMEs and startups, providing employment to approximately 600 individuals.

Adani Green Energy Ltd will develop two pump storage projects with capacities of 850 MW and 500 MW respectively, contributing to the state’s renewable energy infrastructure.

Ambuja Cements’ proposed cement plant, with a capacity of 6 MTPA, is expected to occupy 70 acres of land and generate employment for over 4,000 people.

Adani Defence Systems and Technologies will invest in creating a comprehensive ecosystem for research, development, and manufacturing of counter drone and missile systems, fostering defense capabilities and employment opportunities.

Adani Group’s Profile

Headquartered in Ahmedabad, the Adani Group is India’s largest and fastest-growing conglomerate, with diversified interests spanning logistics, resources, power generation, renewable energy, infrastructure, and defense, among others. With this substantial investment in Telangana, the group continues to play a significant role in driving economic growth and development across various regions of India.