Hyderabad: While Congress leader Rahul Gandhi leaves no opportunity to criticise the Adani Group, it’s business as usual in Congress-ruled Telangana. On Wednesday, the Adani Group of companies signed four memorandums of understanding (MoU) for investments of over Rs 12,400 crore in Telangana at the World Economic Forum annual meeting in Davos.
These were signed in the presence of Telangana Chief Minister, A Revanth Reddy, and Adani Group Chairman, Gautam Adani.
Adani Enterprises Limited (AEL) will invest over Rs 5,000 crore in a 100 MW data centre, powered by renewable energy, over the coming five to seven years. AEL will work closely with local MSMEs and startups to develop a globally competent supplier base for the project, providing employment, both direct and indirect, to 600 people.
