Adani Group plans Rs 124 bn investment in Telangana

19 Jan 2024 CW Team

The Adanis have declared their intention to invest Rs 124 billion in Telangana. Agreements in this regard were signed by officials of the Telangana Government and representatives of the Adani Group. The signing ceremony took place in the presence of Chief Minister A Revanth Reddy and Adani Group Chairman Gautam Adani.

It was revealed that Adani Enterprises (AEL) is planning to invest over Rs 50 billion in a 100-MW data centre powered by renewable energy over the next 5-7 years.

According to a statement from the Adani group, "AEL will collaborate closely with local micro, small, and medium enterprises and start-ups to establish a globally competent supplier base for the project. It is anticipated to generate direct and indirect employment for 600 individuals."

Adani Green Energy (AGEL) has also committed to investing over Rs 50 billion in establishing two pump storage projects (PSPs) ? 850 MW at Koyabestagudem and 500 MW at Nacharam in the State.

Ambuja Cements, which has been acquired by the Ahmedabad-based group, has decided to invest Rs 14 billion in setting up a 6 MTPA cement plant over the next five years. The unit is planned to be established across 70 acres and is expected to significantly enhance Ambuja's capability, providing employment to over 4,000 people, both directly and indirectly.

Adani Defence Systems and Technologies is set to invest over Rs 10 billion over the next 10 years to establish a comprehensive ecosystem for the research, development, design, manufacturing, and integration of counter-drone and missile systems at the Adani Aerospace Park.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..