2024-01-18 04:08:00
Bengaluru: The Adani Group has announced plans to invest Rs 12,400 crore in various projects including setting up a data center in Telangana. It is further stated that:
Adani Group plans to invest Rs 7 lakh crore in various projects over the next ten years. As part of that, the group is planning to launch new projects in Telangana state with an investment of Rs 12,400 crore. This includes a Rs 5,000 crore plan to set up a 100 MW data center.
Apart from this, Adani Green Energy, Ambuja Cements, Adani Defense Systems and Technologies have also signed contracts to execute projects in Telangana. This was stated by Adani Group.
The Adani Group is now free from the allegations made by the Hindenburg Company of America and the value of the shares is increasing. Adani Group has since started focusing on investment activities again.
Notably, Gautam Adani pledged to invest $24 billion over five years in renewable energy at an international investor summit in Prime Minister Narendra Modi’s home state of Gujarat last week.
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