Adani Group to invest ₹7.5 lakh cr in Rajasthan

The Adani Group plans to invest over ₹7.5 lakh crore across various sectors in Rajasthan with over half these investments being made over the next five years, said Karan Adani, managing director of Adani Ports and SEZ and eldest son of group chairman Gautam Adani.

Speaking at the Rising Rajasthan Global Investment Summit at Jaipur today, he said the group plans to build the world’s biggest integrated green energy ecosystem involving 100 gigawatts (GW) of renewable energy, 2 mn tonnes of hydrogen and 1.8 GW of pumped hydro storage in the state.

Beyond energy, Adani Cement will set up four new cement plants to build additional capacity of 6 million tonnes per annum in the state. In addition, there are other investments planned such as developing a world class facility at Jaipur airport, multi-modal logistics park and ICDs, he said.