Adani Group Signs MoU for Rs 2.3 Lakh Crore Investment in Odisha



Adani Group Signs MoU for Rs 2.3 Lakh Crore Investment in Odisha
Adani Group has pledged an investment of Rs 2.3 lakh crore in Odisha over the next five years, focusing on sectors like power, cement, industrial parks, aluminium, and city gas. Karan Adani, MD of Adani Ports and SEZ Ltd, met Odisha Chief Minister Mohan Charan Majhi and signed a Memorandum of Understanding (MoU) for these investments. The 'Utkarsh Odisha - Make in Odisha Conclave 2025' was officially inaugurated by Prime Minister Narendra Modi.
The proposed investment by the Adani Group is said to be the biggest investment intent by any business group in Utkarsh Odisha 2025.Also, the first test flight landed at Dhamra Airstrip successfully .
On the occasion of Utkarsh Odisha, six projects of Adani Total Gas in Odisha, were commissioned.
The projects are EV charging station at Bhubaneswar airport, City Gate Station-cum-Mother station project completion and Gas in from GAIL Tapoff, groundbreaking for LNG Cum multi-fuel hub at Bhadrak, project completion of CNG station at JIO BP RO in Balasore (will be open to public shortly after getting PESO approval), first domestic PNG connection gas charging and burner on in Bhadrak, and CNG station project completion at Rairangpur (first in city) of Mayurbhanj district. It will be open to public soon.
The "Utkarsh Odisha - Make in Odisha Conclave 2025" is a premier Global Investment Summit hosted by the Odisha government, aiming to establish the state as the cornerstone of the Purvodaya vision and a top investment destination and industrial hub in India. (ANI)