The Adani Group will invest Rs 75,000 crore in Madhya Pradesh across various sectors such as cement, roads, energy and natural resources, a move that would generate more than 15,000 jobs. The group has been on an investment spree across various states in the country, mostly to develop infrastructure across sectors.
The group will invest close to Rs 30,000 crore, its biggest in the state, to ramp up its power generation capacity at the Mahan Energen plant in Singrauli. The capacity would be hiked to 4,400 megawatts (MW) from the present 1,200 MW. Further, it will also invest close to Rs 28,000 crore to set up 3,410 MW capacity of pumped storage projects.
