Adani group to invest Rs 60,000 crore in AP green energy plants

AMRAVATI: AP government clinched a big-deal on Monday when Adani group agreed to invest Rs 60000 crore in green energy plants in the state.
The state government clinched the big-deal with Adani group during the chief minister YS Jagan Mohan Reddy’s meeting with Adani group chairman Goutham Adani in Davos. Interestingly, Goutham Adani who held initial discussions with the chief minister on Sunday, met the chief minister again on Monday to formalize the agreement.
Adani group has decided to set up 10000 mw solar power project along with setting up another 3700 mw pumped hydro solar project. The Adani group would invest close to Rs.60000 crore in two projects. The new investment is expected to generate about 10000 new jobs in the state.