Business Standard

Adani back on investment track after Hindenburg, with mega plans in Andhra

Karan Adani announces two cement units, 15,000 MW of RE power project and 400 MW data centre in the state

ADANI
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According to the Andhra government, Adani Green Energy itself has signed two memorandums of understanding (MoUs) that may involve an investment of about Rs 21,820 crore and create 14,000 jobs

Shine Jacob Visakhapatnam
In what is being seen as the first major public appearance by the Adani family after the Hindenburg row, Karan Adani announced mega investments by his group in Andhra Pradesh, at the state's investor summit on Friday.

This includes the setting up of two cement units with a combined capacity of 10 million tonne per annum (MTPA), a 15,000-mega watt (Mw) renewable power project, a 400-Mw data centre and plans to add 100 million metric tonnes of capacity in the port sector.  

This comes at a time when neither Gautam Adani nor anyone else from the family was present at

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