Ujjain. A two-day Regional Industry Conclave started today in Ujjain, the city of Baba Mahakal. Many big businessmen from the country and the world participated in this conclave. Pranab Adani, Director of Adani Enterprises also participated in this summit. During this, he made a big announcement and said that Adani Group will make a huge investment of Rs 75,000 crore in Madhya Pradesh. Due to which more than 11,000 new jobs will be created.
Pranab Adani thanked CM
Expressing his gratitude to the Chief Minister, Pranab Adani said that you have given us all a pleasant opportunity to come to the land of Lord Mahakal, the God of Gods, through this Investor Summit. I salute the Devbhoomi of Ujjain. The knowledge of Geeta, given by Lord Krishna five thousand years ago, is guiding us even today. Lord Krishna also received his education at Sandipani Ashram in Ujjain.
Time to come for MP: Pranab Adani
Pranab Adani said, Madhya Pradesh is the heart of the country and I have no hesitation in saying that the coming time belongs to Madhya Pradesh. Prime Minister Narendra Modi is working hard to take this nation to the pinnacle of ultimate glory. It is clearly visible that Madhya Pradesh will play an important role under the leadership of Dr. Mohan Yadav to fulfill this resolution.
He said that Chief Minister, I am excited to share the confidence of the business community of our country that you will work for greater development and prosperity for Madhya Pradesh than ever before. It houses some of the most talented industry leaders of our country. This team will work on your vision of transforming Madhya Pradesh into the ‘Chief State’ of India. Looking at the regional policies, schemes and reforms that your government is pursuing, it is clear that Madhya Pradesh is progressing rapidly.
11 thousand employment opportunities: Pranab Adani
I see endless growth potential, particularly in energy and infrastructure, and the Adani Group is excited to invest in Madhya Pradesh. Our presence in MP spans across sectors ranging from roads, cement and natural resources to thermal power, renewable energy and power transmission. Our cumulative investment in the state is approximately Rs 18 thousand crores and we have created approximately 11 thousand employment opportunities across the state.
Adani Group will invest Rs 75 thousand crore: Pranab Adani
I am happy to announce that Adani Group will continue to invest in these areas. We will also more than double our investment in Madhya Pradesh and contribute to the all-round development of the state. He said that Adani Group will invest about Rs 75 thousand crore in Madhya Pradesh. In this, Rs 5 thousand crore will be used to build Mahakal Expressway from Ujjain to Bhopal via Indore.
There will be investment in these areas
Pranab Adani said that we will set up a clinker unit of 40 lakh tonne per annum in Choragadi and two cement grinding units with a combined capacity of 80 lakh tonne per annum in Dewas and Bhopal and will invest Rs 5 thousand crore for this. Adani Group will invest more than Rs 4 thousand crore in the natural resources sector and Rs 600 crore to expand its footprint in food processing, agro-logistics, logistics and defense manufacturing.
We will invest in fuel distribution: Pranab Adani
Adani said that our investment in fuel distribution, which includes city gas distribution, bio, liquefied natural gas, electric vehicles, will be more than Rs 2,100 crore, a major part of which will be in our urban centers in Bhind, Burhanpur, Anuppur, Tikamgarh and Alirajpur. Will be used to strengthen the gas distribution network.
Affordable electricity will be available in the state
Adani Group’s biggest investment will be in increasing access to affordable electricity in your state. We will invest about Rs 30,000 crore to increase the power generation capacity at our Mahan Energen plant in Singrauli from the existing 1,200 MW to 4,400 MW. We will also invest about Rs 28 thousand crore to set up pumped storage projects of 3 thousand 410 MW capacity. Overall, our total planned investment of approximately Rs 75 thousand crore will create more than 15 thousand direct and indirect employment opportunities in industrial areas across Madhya Pradesh.
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