Adani Group to set up two new cement plants, data centre in Andhra Pradesh

Visakhapatnam, Mar 4 (KNN)The Adani group will set up two new cement manufacturing plants, 15,000 MW renewable power projects and a data centre in Andhra Pradesh, said. 

Karan Adani, CEO of Adani Ports and SEZ Limited on Friday.

Speaking at the Global Investors Summit in Visakhapatnam, Adani said that these new projects will be in addition to the Rs 20,000 crore already invested in the State, which has created over 18,000 direct and 54,000 indirect jobs.  

“Adani Group, which operates two largest private ports in Andhra Pradesh - Krishnapatnam and Gangavaram, with a total capacity of 100 million tonne per annum will double the capacity in the next five years and also transform these ports into industrial port cities,” he said.

Meanwhile, Reliance Industries Chairman and Managing Director Mukesh Ambani at the summit pointed out that the company will be investing in 10 gigawatt of renewable solar energy in Andhra Pradesh. 

He further announced that Reliance Retail would source significantly more agri and agro-based products and manufactured goods from the State for sale all over India. 

“Apart from increasing the income of farmers, artisans and others, this will directly create over 50,000 livelihood opportunities in the State,” Ambani pointed out.

Jindal Steel and Power limited Chairman Naveen Jindal announced that his company would be investing Rs 10,000 crore for setting up a 3 million tonne per annum steel plant in AP. 

This will lead to creation of 10,000 jobs, he added.  (KNN Bureau)