NEW DELHI, Dec 09 (Reuters): Indian conglomerate Adani Group will invest over 7.5 trillion rupees ($88.53 billion) in various sectors such as renewable energy and cement in the northwestern state of Rajasthan, Karan Adani, managing director of Adani Ports, said on Monday.
Over 50 per cent of these investments will be made over the next five years, Adani said, while speaking at an investment summit in the state.
As part of its investments, it plans to set up four new cement plants to build additional capacity of 6 million tonnes per annum, he said.
The group also plans to build the world's biggest integrated green energy ecosystem involving 100 gigawatts (GW) of renewable energy, he added. This is the first big-ticket announcement from the group.
Adani Group to invest over $88b in Rajasthan state
FE Team | Published: December 10, 2024 00:07:23
Adani Group to invest over $88b in Rajasthan state
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