Adani Group plans Rs 124 bn investment in Telangana
ECONOMY & POLICY

Adani Group plans Rs 124 bn investment in Telangana

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.

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.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement