Adani Group to invest 9000 crores in the state

Adani Group is about to invest over 9000 crore rupees on various projects in the state of Andhra Pradesh.

The Adani Group has signed an agreement with the Andhra Pradesh government to invest in various projects at the CII Partnership Summit held at Visakhapatnam. 
The Group is also going to develop the Greenfield port at Bhavanapadu in the coming five years. 

The group is also planning to set up one 1000 MW solar and wind facility along with battery storage station" in Andhra Pradesh. 

Speaking at the occasion Adani Group Chairman Gautam Adani said that the company would also be investing in a multi-modal logistics park. 
He also said that Andhra Pradesh is also fast emerging as solar power and battery technology production hub. 
Talking about the port, he said as the country's largest port operator, it is "my promise" to make Bhavanapadu as one of the largest and sophisticated port in the country. 

All in all across the different projects, the group would make an investment of "over 9000 crores in the state over the next five years," he added.

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