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Adani to invest Rs 25K Crore in Chhattisgarh
Raipur, August 24, 2015: Major corporate house Adani Group will invest Rs 25,000 crore in Chhattisgarh in fertilizer gas and edible oil sectors among others.
Chhattisgarh government today inked a memorandum of understanding with the Adani group here in the presence of Chief Minister Dr Raman Singh to set up gas based industries in the state.
This investment would speed up the development in social and economic sectors of the state and thousands of youths will get employment opportunities through these projects, said the Chief Minister.
Adani group will invest in production of urea, natural gas, thermal power and rice bran oil in the state.
First project would be of poly generation from coal in which ammonia, natural gas and thermal power would be produced from coal, officials said.
That would be followed by rice bran solvent extraction and oil refinery plant with an investment of Rs 200 crore, they added.
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