Adani Group plans Rs 60k cr green energy investment in AP

26 May 2022 CW Team

Andhra Pradesh government fixed a big deal with Adani Group agreeing to invest Rs Rs 60,000 crore in green energy plants in the state.

The company has decided to set up a 10,000 MW solar power project and a 3,700 MW pumped hydro-solar project at around Rs 60,000 crore in these projects. The investment expects to generate about 10,000 employment opportunities.

The Adani Group has signed a Memorandum of Understanding (MoU) with the state government in the presence of Chief Minister Y S Jagan Mohan Reddy and the Chairman of Adani Group, Gautam Adani. Special chief secretary Karikal Valaven for the state government and Ashish Raj Vamsee from Adani Green Energy signed the MoU.

Minister of Industries, Gudivada Amarnath, said that it is a big initiative toward making AP a hub of green energy. The CM’s approach and presentation have made the company take the final call on this big project within 24 hours.

He said that this investment from Adani Group would be a game-changer for the state to attract more big-ticket projects.

Recently, CM laid the foundation stone for the world’s largest 5,230 MW integrated renewable energy storage power plant to generate power from hydel, wind and solar sources in the Kurnool district.

Image Source

Also read: Adani Group to invest $20 bn in RE generation for next 10 years

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..