ENA State 2025-02-25 14:29:35 <p><span style="font-size:14px"><strong>New Delhi, Feb 25 (KNN)</strong> In a significant boost to Madhya Pradeshs economic landscape, leading conglomerates, including Adani Group, Reliance Industries (RIL), and NTPC, have committed investments totalling around Rs 4 lakh crore across various sectors during the states investment summit on Monday.</span></p> <p><span style="font-size:14px">Adani Group led the announcements with a massive Rs 1.1 lakh crore investment across pumped storage, cement, mining, smart meters, and thermal energy.</span></p> <p><span style="font-size:14px">Chairman Gautam Adani revealed plans for an additional Rs 1 lakh crore investment in a greenfield smart city, a major airport, and a coal gasification project.</span></p> <p><span style="font-size:14px">These are not just investments; they are milestones in a shared journey that will make Madhya Pradesh a national leader in industrial and economic growth, Adani stated. The groups projects are expected to generate over 1.2 lakh jobs by 2030.</span></p> <p><span style="font-size:14px">Reliance Industries committed Rs 60,000 crore towards biofuel projects, aligning with its focus on renewable energy and sustainability.</span></p> <p><span style="font-size:14px">State-owned NTPC announced plans to invest Rs 1.2 lakh crore in establishing 2 GW of renewable energy capacity. The company is also considering an additional Rs 80,000 crore for two greenfield nuclear power plants.</span></p> <p><span style="font-size:14px">Renewable energy firm Avaada Group signed an MoU to invest Rs 50,000 crore in solar, wind, battery energy storage systems, and pumped storage projects, along with setting up green energy equipment manufacturing facilities.</span></p> <p><span style="font-size:14px">Other key commitments include Torrent Powers Rs 26,500 crore for renewable projects, PFCs Rs 26,800 crore, and RECs Rs 21,000 crore in financial support. OPG Power Generation also announced a Rs 13,400 crore investment in battery storage, green hydrogen, and hybrid energy projects.</span></p> <p><span style="font-size:14px">These investments signal Madhya Pradeshs growing role in Indias energy transition and industrial growth.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 41199 https://knnindia.co.in/news/newsdetails/state/major-corporates-pledge-rs-4-lakh-crore-investments-in-madhya-pradesh 2025-02-25 14:29:35 knnindia.co.in