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Adani to Invest Rs. 65,000 Crore in Rajasthan

Adani Group will be investing about Rs. 65,000 crore in Rajasthan over the coming 5-7 years, as stated by Mr. Gautam Adani, Chairman of the Adani Group, during the Invest Rajasthan 2022 Summit.

This investment will be towards developing a solar power generation facility of 10,000 MW capacity, expanding cement production capacity in the state, and upgradation of Jaipur Airport.

Out of this estimated Rs. 65,000 crore investment, major share will be for the solar project, which will be developed using about Rs. 50,000 crore. Further, the group will invest about Rs. 7,000 crore towards doubling its cement production capacity in Rajasthan.

Mr. Adani explained, “Combining all ongoing and future investments, we anticipate investing an additional Rs 65,000 crore in Rajasthan over the next 5 to 7 years and creating over 40,000 direct and indirect jobs”.