Adani Group, under the leadership of Chairman Gautam Adani, has committed a substantial investment of ₹12,400 Crores in Telangana following productive discussions with Chief Minister Revanth Reddy during his inaugural Davos visit.
The Memoranda of Understanding (MOUs) exchanged include:
- Adani Green Energy’s ₹5,000 Crores investment for two Pumped Storage Projects in Telangana, boasting a capacity of 1350 MW.
- AdaniConneX Data Centers’ ₹5,000 Crores commitment to establish a Data Center campus in Chandanvelly, with an impressive total capacity of 100 MW.
- Ambuja Cements Ltd.’s ₹1,400 Crores investment in a Cement Grinding unit in Telangana, featuring a robust capacity of 6.0 MTPA.
- Adani Aerospace and Defence’s ₹1,000 Crores investment in Counter Drone Systems and Missile Development and Manufacturing Centres at the Adani Aerospace and Defence Park.
Assured by Chief Minister Revanth Reddy, the Telangana government pledges to provide the necessary amenities, infrastructure, and support crucial for the success of these projects. Adani, in turn, expressed commendation for the proactive approach of the new Congress government in Telangana.
