ADAG to increase investment in Madhya Pradesh

The Anil Dhirubhai Ambani Grouphas said that it will increase its investment up to Rs 50,000 crore in Madhya Pradesh in the next few years.

According to the reports, in a meeting with Chief Minister Shivraj Singh Chouhan, ADAG Chairman Anil Ambani has said that his group has already invested Rs 30,000 crore in the state and will increase the business in coming years.

ADAG has invested Rs 30,000 crore in 4000 MW Sasan’s UMPP plant and have decided to invest additional Rs 15,000 crore in the same.

ADAG is also considering investment of Rs 6,000 crore to build a five metric tonne capacity cement factory in Maihar and 2,000 crore investment to set up 4000 MW power plant in Chitrangi.

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