Adani Group unveils Rs 75,000 Crore investment plan for Madhya Pradesh’s Development

Ujjain(K K Jha). Adani Group pledges a monumental investment of approximately Rs 75,000 crore in Madhya Pradesh, encompassing an array of transformative projects including power plants, the construction of the Mahakaal Expressway, and the establishment of cement grinding units in the forthcoming years. Pranav Adani, the Managing Director (Agro, Oil and Gas) and Director of Adani Enterprises, made this announcement on the inaugural day of the two-day Regional Industry Conclave in Ujjain on Friday, underscoring the group’s unwavering commitment to the state’s development.
“Our extensive presence in Madhya Pradesh, spanning diverse sectors such as roads, cement, natural resources, thermal power, renewable energy, and power transmission, reflects our confidence in the visionary leadership of Chief Minister Mohan Yadav,” stated Adani.
The investment is poised to catalyze significant advancements, with Rs 5,000 crore allocated for the construction of the Mahakaal Expressway, connecting Ujjain to Bhopal via Indore. Additionally, the group will channel another Rs 5,000 crore towards establishing a 4-million-tonnes-per-annum clinker unit in Chorgadi, alongside two cement grinding units in Dewas and Bhopal, boasting a combined capacity of 8-million-tonnes-per-annum.
Furthermore, Adani Group intends to amplify its presence in food processing, logistics, agri-logistics, and defense manufacturing with an investment of Rs 4,600 crore. Fuel distribution initiatives, including city gas, LNG, EVs, and biofuels, will receive a substantial infusion of over Rs 2,100 crore, primarily dedicated to fortifying CNG and piped cooking gas distribution networks across various districts.
A staggering investment of close to Rs 30,000 crore is earmarked for enhancing the power generation capacity at the Mahan Energen plant in Singrauli, scaling it up from 1,200 megawatts to an imposing 4,400 MW. Additionally, Rs 28,000 crore will be directed towards establishing pumped storage projects with a capacity of 3,410 MW.
The projected investment of Rs 75,000 crore is anticipated to generate over 15,000 direct and indirect employment opportunities across a spectrum of industrial sectors in Madhya Pradesh. Adani expressed profound confidence in the state’s potential, stating, “Madhya Pradesh is the heart of the country, and the future belongs to the state.”
Highlighting the conducive policy environment fostered by the state government, Adani emphasized the limitless growth opportunities in the energy and infrastructure sectors, expressing the group’s eagerness to contribute to Madhya Pradesh’s holistic development. Notably, Adani Group has already invested approximately Rs 18,000 crore in the state, generating nearly 11,000 jobs, and pledges to further amplify its investments to propel Madhya Pradesh into a new era of prosperity and progress.