Chairman of Adani Group, Gautam Adani exchanged 4 MOUs with TS govt for investments of ₹12,400 Crores that would be invested in TS over the next few years.
•Adani Green Energy will invest ₹5,000 Crores for setting two Pumped Storage Projects in Telangana of 1350 MW Capacity
•AdaniConneX Data Centers will invest ₹5,000 Crores to set up a Data Center campus in Chandanvelly with a total capacity of 100 MW
•Ambuja Cements Ltd. will invest ₹1,400 Crores in a Cement Grinding unit in Telangana with a capacity of 6.0 MTPA
•Adani Aerospace and Defence will invest ₹1,000 Crores in Counter Drone Systems and Missile Development and Manufacturing Centres at the Adani Aerospace and Defence Park CM assured Adani that TS govt will provide required amenities, infrastructure, and support for the projects. Adani was reportedly all praise for new Congress govt in TS