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Anil Ambani to invest Rs 50,000 cr in Madhya Pradesh

Rs 30,000 cr will be invested in 4,000 Mw Ultra Mega Power project at Sasan in Singrauli district

Anil Ambani

Shashikant Trivedi Bhopal
Anil Ambani promoted Reliance ADAG will invest Rs 50,000 crore in Madhya Pradesh in next six months.

In an official communiqué state chief minister Shivraj Singh Chouhan has said Ambani has a discussion with him in this regard and the Indian tycoon is interested in further investment.

Also after meeting Ambani, Chouhan tweeted, “Reliance ADAG wants to invest more than Rs 50,000 crore in Madhya Pradesh.”

According the communiqué, Ambani will invest Rs 30,000 crore in 4,000 Mw Ultra Mega Power project at Sasan in Singrauli district of Madhya Pradesh, another amount of Rs 15000 crore in undisclosed project, Rs 4000 crore in coal mines and another Rs 2000 crore in Ambani’s Chitrangi project.
 

Ambani today called on Chief Minister Chouhan at the latter’s residence in Bhopal and discussed various aspects of industrial development of the State. Amabni also discussed about a 5-million ton cement factory, which is coming up in Maihar town of Satna district.

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First Published: Jan 31 2014 | 6:07 PM IST

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