https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Madhya Pradesh Secures Rs. 4 Lakh Crore Investment Commitments from Leading Corporates

Mr. Gautam Adani pledged Rs. 1.1 lakh crore for pumped storage, cement, mining, smart meters, and thermal energy
Indian Masterminds Stories

Billionaire Mr. Gautam Adani’s group, Reliance Industries Ltd, and state-owned NTPC are among more than a dozen companies that have committed to investing approximately Rs. 4 lakh crore across various sectors in Madhya Pradesh. These commitments were announced on Monday during the state’s eighth edition of the Invest Madhya Pradesh summit.

Also Read: RailTel Secures Rs 288 Crore Kavach Tender for East Central Railway

Mr. Adani pledged Rs. 1.1 lakh crore for pumped storage, cement, mining, smart meters, and thermal energy, along with an additional Rs. 1 lakh crore for a greenfield smart city, an airport project, and a coal-gasification project. He stated that these investments would generate over 1,20,000 jobs in Madhya Pradesh by 2030.

Reliance Industries committed Rs. 60,000 crore for biofuel projects, while NTPC Chairman and Managing Director Mr. Gurdeep Singh announced a Rs. 1.2 lakh crore investment to establish 2 GW of renewable power capacity in the state. NTPC is also exploring an additional Rs. 80,000 crore investment for two greenfield nuclear power plants.

Renewable energy company Avaada, led by Managing Director Mr. Vineet Mittal, plans to invest Rs. 50,000 crore over the next three to five years in solar, wind, pumped hydro storage, battery storage, and solar photovoltaic module manufacturing.

Other key investment commitments include:

  • Torrent Power: Rs. 26,500 crore for renewable energy projects.
  • Power Finance Corporation (PFC): Rs. 26,800 crore in lending support.
  • Rural Electrification Corporation (REC): Rs. 21,000 crore in project funding.
  • OPG Power Generation Pvt Ltd: Rs. 13,400 crore for battery storage, small modular reactors, green hydrogen, and hybrid power generation.

The final investment figures will be released at the end of the two-day summit on Tuesday.

Also Read: Railways to Achieve 100% Electrification by FY 2025-26, Asserts Rail Minister Ashwini Vaishnaw


Indian Masterminds Stories
Related Stories
NEWS
IRFC
Hindu College Inaugurates Public Policy Lab in Collaboration with IRFC
Shantanu Roy BEML Limited
BEML CMD Shantanu Roy Honoured with Samarpan PSU Award for Exemplary Leadership
Swapneel Paul IAS
Tinsukia's District Commissioner, IAS Swapneel Paul, Bags Prime Minister's Award for Excellence in Public Administration 2024
MoRTH
GPS-Based Toll Collection: MoRTH Clarifies No Nationwide Rollout from May 1; Know All About the Innovative Toll System
NFL _ National Fertilizers Limited
NFL to Acquire 18% Stake in ₹10,601 Crore Urea Plant JV in Assam
HPCL Mittal Energy MoU
HMEL Signs MoU with IIT Kanpur to Boost Innovation in Sustainable Energy Technologies
Maharashtra govt-logo
2 IAS Officers Appointed to Key Roles in Maharashtra, Jayshree Bhoj Made Secy, Environment
India’s Natural Gas Demand
Govt Strengthens Domestic Gas Allocation Policy to Ensure Affordable, Clean Energy Access
Videos
IRS Padmapani Bora UPSC
IRS Padmapani Bora’s 16-Year-Long Journey in Governance
WhatsApp Image 2025-04-13 at 1.46
This Collector Finds Happiness In Squeaks Of Children With Hearing Impairment Who Start Hearing After Surgery
Meghashree D R IAS
How Wayanad’s Women Turned a Disaster into a Dream Project
UPSC Stories
IRS Padmapani Bora UPSC
IRS Padmapani Bora’s 16-Year-Long Journey in Governance
IRS officer Padmapani Bora's 16-year career transcends typical bureaucracy. Discover his surprising journey...
IAS T Rahul Kumar reddy
How This IAS Officer Overcame 4 Consecutive Mains Failures & 1 Interview Rejection
IAS Officer T. Rahul Kumar Reddy’s journey to success was marked by perseverance through six UPSC attempts....
Indrajeet Sirra IFS new
How This IFS Officer’s Journey Teaches Aspirants to Never Miss Any Opportunity in Their UPSC Dream
Indrajeet Sirra’s journey to becoming an IFS officer after five UPSC attempts teaches aspirants the importance...
Social Media
Tiger
IAS Officer Sanjay Kumar Shares Mesmerising Tigress Patrol Video from Dudhwa Tiger Reserve
In the video, the tigress is seen cooling off in her preferred waterhole before embarking on her evening...
comp-61_1744872235
Tigress Hunts Sambhar in Front of Tourists at Bandhavgarh Tiger Reserve – Video Goes Viral
The incident took place in the Chakradhara area of Tala Zone, one of the most popular safari zones in...
IAS Priyansha Garg
“Welfare and Farewell”: IAS Priyansha Garg Pens Heartfelt Note After Series of Goodbyes
“While sitting on the chair, your job is the welfare of others. You’ll take decisions for people you...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
IRFC
Hindu College Inaugurates Public Policy Lab in Collaboration with IRFC
Shantanu Roy BEML Limited
BEML CMD Shantanu Roy Honoured with Samarpan PSU Award for Exemplary Leadership
Videos
IRS Padmapani Bora UPSC
WhatsApp Image 2025-04-13 at 1.46
Meghashree D R IAS
ADVERTISEMENT
ADVERTISEMENT