Adani Group plans to set up cement plants, data centre in Andhra Pradesh

3 Mar 2023 , 03:24 AM

Adani Group will establish two new cement manufacturing plants, 15,000 MW of renewable energy projects, and a data centre in Andhra Pradesh, said Karan Adani, the founder family’s scion, on Friday.

He said at the Andhra Pradesh Global Investors Summit that the apples-to-airport group plans to double the capacity of the two sea ports it operates in the state, Krishnapatnam, and Gangavaram, but did not provide investment figures.

The investments will be in addition to the existing Rs20,000 crore investment in the state, which has resulted in the creation of over 18,000 direct and 54,000 indirect jobs.

The CEO of Adani Ports and SEZ Ltd, Adani, who is also the son of the group’s founder and chairman Gautam Adani, has announced the group’s intention to construct cement plants in the state of Andhra Pradesh, with a combined capacity of 10 million tonnes per annum. Additionally, the group plans to establish a 400 MW data centre in Visakhapatnam.

Over the next few years, the group also plans to build 15,000 MW of renewable energy projects in five districts: Anantapur, Kadappa, Kurnool, Visakhapatnam, and Vizianagaram.

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