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Adani Group to invest Rs 2.5k crore in Uttarakhand in cement, smart meters
Friday, 8 December 2023
Adani Group will invest over Rs 2,500 crore in Uttrakhand in expanding capacity of cement plants and installing smart electricity meters as it also looks at possibilities to develop aero-city and knowledge city in the northern Indian state, group director Pranav Adani said on Friday. Speaking at the 'Global Investors Summit - Uttarakhand', he said the group's city gas joint venture will convert 200 state transport businesses to environment-friendly CNG. "In the cement sector, we will invest in excess of Rs 1,700 crore to expand Ambuja Cements' existing capacity in Uttarakhand," he said.
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