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Adani Group Reaffirms Rs 6 Lakh Crore Maharashtra Investment Blueprint
The Adani Group says it plans to invest more than Rs 6 lakh crore in Maharashtra.
The money would support energy, airports, city development, data centres and coal gasification.
The group says projects worth Rs 2.6 lakh crore are already finished or being built.
It is managing Mumbai’s main airport and developing a new airport in Navi Mumbai.
The new airport could eventually serve more than 90 million passengers each year.
The group also supplies electricity to more than three million homes and establishments in Mumbai.
It says more than 60 per cent of that electricity comes from renewable sources.
In Dharavi, it says people will get modern homes before relocation and that local small businesses will be protected.
The Adani Group outlined an investment blueprint exceeding Rs 6 lakh crore across Maharashtra.
Projects worth Rs 2.6 lakh crore have already been completed or are under execution.
The planned investments cover energy, aviation, urban regeneration, data centres and coal gasification.
Navi Mumbai International Airport is designed to eventually handle more than 90 million passengers annually.
The group said its Dharavi redevelopment plan includes modern housing before relocation and protection for small businesses.
- Who
- The Adani Group, represented at the event by Adani Enterprises Limited Director Pranav Adani, and the Maharashtra government.
- What
- The group reaffirmed an investment blueprint exceeding Rs 6 lakh crore, with Rs 2.6 lakh crore in projects already completed or under execution.
- Where
- Maharashtra, particularly Mumbai and the Mumbai Metropolitan Region.
- When
- The announcement was made at the Invest Maharashtra event; the articles do not provide a specific date.
- Why
- The investments are intended to support Maharashtra’s goal of becoming a one-trillion-dollar economy by 2030 and contribute to a better-connected and more inclusive Mumbai Metropolitan Region.
Key facts
- Planned investment
- More than Rs 6 lakh crore
- Completed or underway
- Rs 2.6 lakh crore in projects
- Investment sectors
- Energy, aviation, aero-districts, urban regeneration, data centres and coal gasification
- Navi Mumbai airport capacity
- Designed to eventually handle more than 90 million passengers annually
- Electricity customers
- More than three million homes and establishments in Mumbai
- Renewable power share
- More than 60 per cent of Adani Electricity Mumbai Limited’s supply
- Transmission capacity
- A 1,000 MW high-voltage direct-current link brings power into Mumbai
- Economic target
- Maharashtra aims to become a one-trillion-dollar economy by 2030
Quotes
Pranav Adani
Director of Adani Enterprises Ltd
“We have had the privilege of managing and transforming the Chhatrapati Shivaji Maharaj International Airport (CSMIA), continuously enhancing passenger experience and operational excellence.”
thehansindia.com
“This is our contribution towards Mumbai 3.0 -- not just a larger Mumbai, but a better-connected, more balanced and more inclusive metropolitan region.”
thehansindia.com
Sources
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