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HomeAll NewsBiomassAdani plans Rs 20,000 crore ultra-supercritical thermal power plant in Bihar

Adani plans Rs 20,000 crore ultra-supercritical thermal power plant in Bihar

The Adani Group has reiterated its commitment to supporting Bihar’s development, announcing investments across several key sectors including infrastructure, smart metering, cement, as well as gas distribution, logistics, and agri-logistics.

Pranav Adani, Director of Adani Enterprises, revealed at the Bihar Business Connect (BBC) 2024 on Friday that the group is planning an investment of Rs 20,000 crore to establish an ultra-supercritical thermal power plant in the state.

“We are exploring significant investment opportunities in Bihar’s energy sector. Our plan includes investing approximately Rs 20,000 crore in an ultra-supercritical thermal power plant. This project is expected to create around 12,000 job opportunities during the pre-commissioning phase and approximately 1,500 skilled jobs once operational,” said Adani.

The group has already invested over Rs 850 crore in three major sectors—logistics, gas distribution, and agri-logistics—generating 25,000 direct and indirect jobs. Looking ahead, Adani announced plans to invest an additional Rs 2,300 crore in these sectors. “This investment will significantly expand our warehouse and handling capacity, boost our presence in the electric vehicle (EV), city gas distribution (CGD), and compressed biogas (CBG) sectors, and create an additional 25,000 direct and indirect local job opportunities,” he said.

Additionally, Pranav Adani shared the group’s plans to invest Rs 1,000 crore in collaboration with the Bihar government to develop Gati Shakti Railway Terminals, inland container depots (ICDs), and industrial warehousing parks. These initiatives are part of the group’s efforts to strengthen Bihar’s logistics and industrial infrastructure, aligning with the state’s economic goals.

“We are also working closely with the Bihar government on strategic infrastructure projects, including Gati Shakti Railway Terminals, ICDs, and industrial warehousing parks, with an additional Rs 1,000 crore investment,” he noted.

In the smart metering sector, the Adani Group has committed to an investment of Rs 2,100 crore to install over 28 lakh smart meters across five cities—Siwan, Gopalganj, Vaishali, Saran, and Samastipur. This initiative, part of the state’s transition to smart meters, is expected to generate around 4,000 local jobs in the technology sector.

The group also introduced plans for a new cement grinding unit in Versali Ganj, which is expected to create 9,000 direct and indirect jobs. “Five months ago, we laid the foundation for our first Greenfield Cement plant in Bihar, following our acquisition of ACC and Ambuja Cements. This project is part of a broader Rs 2,500 crore investment to develop cement manufacturing capacity of 10 million metric tons per year in multiple phases, which will generate around 9,000 jobs,” said Adani.

With these investments, the Adani Group aims to play a significant role in transforming Bihar’s industrial landscape and driving job creation and economic growth in the state.

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