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Adani Group plans to invest Rs 6,50,000 crore in Rajasthan over next five to seven years

After announcing an investment of Rs 35,000 crore in Rajasthan's industries, the group has unveiled more good news for the state with an additional investment of Rs 50,000 crore to increase green energy production by 10,000 MW over the next five years.

By wasmulhaq 
Updated Date

Jaipur: Adani Group is on an investment spree in Rajasthan. After announcing an investment of Rs 35,000 crore in Rajasthan’s industries, the group has unveiled more good news for the state with an additional investment of Rs 50,000 crore to increase green energy production by 10,000 MW over the next five years. This was revealed by the company’s chairman, Gautam Adani, at the Invest Rajasthan 2022 Summit.

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Adani further added that after the taking over of two major cement factories, Ambuja and ACC, we are planning to invest Rs 7,000 crore in Rajasthan to enlarge our cement production.

Gautam Adani, in his speech, praised Rajasthan Chief Minister Ashok Gehlot’s fruitful scheme for the state. He said the Anuvrati scheme, which got the approval of the Rajasthan government, has been playing a vital role in the education sector. “We have made tremendous progress in Rajasthan in three years as a result of the state’s CM, Ashok Gehlot’s, prompt clearance of all our schemes,” Adani said.

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We are also on the verge of developing a network of green fuels like PNG and CNG. Apart from this we are mulling investing a further 6,50,000 crore in the next five to seven years, which is likely to create 40,000 job opportunities, as said by Gautam Adani.

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