Adani Group to invest Rs 60,000 crore in Odisha

Adani Group, owned by Asia’s richest man Gautam Adani, will invest Rs 60,000 crore over the next 10 years in the mineral-rich state of Odisha, a top executive said on Thursday.

The group will commission a liquefied natural gas (LNG) terminal with 5 million tons of capacity in Dhamra port in the state this month, and plans to double this capacity within the next five years, Karan Adani, chief executive officer of Adani Ports and Special Economic Zone, said in a speech during an investment summit in the state.

“Our continuing commitment to Odisha is showcased in our planned capital investment that will exceed Rs 60,000 Cr over the next ten years.