The Adani Group has announced several investments for Bihar including thermal power, smart meters, cement, logistics, gas distribution and agri-logistics sectors. The announcement was made by Adani Enterprises Managing Director (Agro, Oil & Gas) and Director Pranav Adani at the 2024 Bihar Business Connect Investor Summit on Friday.
“Nitish ji, your foresight and foresight is unparalleled! 22 years ago, as the Railway Minister of our country, you introduced the biggest change ever – ticket booking system using automated software. On day one, it had just 29 bookings – and now up to 13 lakh tickets are booked a day, making it the world’s busiest online reservation platform! Adani thanked the Chief Minister and said.
Adani said their planned investments will also create thousands of direct and indirect employment opportunities. Here’s what Pranav Adani has announced about the group’s plans:
2,300 crore for three sectors: The group plans to invest Rs 2,300 crore in the logistics, gas distribution and agri-logistics sectors, which will create 27,000 additional direct and indirect local job opportunities. Adani said the group has already invested Rs 850 crore and created 25,000 employment opportunities in these sectors.
1,000 crore for strategic infrastructure: Adani said the company has partnered with the Bihar government led by Chief Minister Nitish Kumar to invest Rs 1,000 crore in strategic infrastructure development in the state, including Gati Shakti Railway Terminals, ICDs (Inland Container Depots) and Industrial Warehousing Parks. has been
2,100 crore for smart meters: The company will invest Rs 2,100 crore to manufacture and install over 28 lakh smart meters to automate power consumption monitoring in five cities including Siwan, Gopalganj, Vaishali, Saran and Samastipur. He said this would create 4,000 local jobs.
2,500 crore for cement manufacturing: Adani said the group will invest Rs 2,500 crore to set up a 10 mmtpa cement manufacturing capacity at Warisliganj in Bihar in several phases. This will create 9,000 jobs directly and indirectly. The foundation of this greenfield cement project was laid in July.
20,000 crore for the energy sector The group also plans to invest around Rs 20,000 crore to set up an ultra-supercritical thermal power plant in Bihar. They expect the plant to create at least 12,000 jobs during the operational phase, and lead to about 1,500 skilled jobs.
