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Adani to invest Rs80k crore in Gujarat

Adani to invest Rs80k crore in Gujarat
PTI
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First Published: Wed, Jan 12 2011. 12 20 PM IST
Updated: Wed, Jan 12 2011. 12 20 PM IST
Gandhinagar: Adani Group chairman Gautam Adani on Wednesday announced Rs80,000 crore investment in ports and power sector and infrastructure in Gujarat, during the Vibrant Gujarat Summit 2011.
“On the occassion of Vibrant Gujarat-2011 we announce an investment of more than Rs80,000 crore in port, power generation and infrastructure in Gujarat,” Adani said, while speaking at the 5th edition of the summit.
“While two new ports one each at Hazira and Dholera are being developed we are also expanding the existing ports at Mundra and Dahej. With this we have a goal to create 200 million tonnes per annum of port handling capacity by the year 2015,” he said.
“In power generation while we have commissioned 2,000 MW at Mundra additional 2,600 MW will be commissioned by March 2012. Further we are also building 3,300 MW at Bhadreshwar in Kutch, and 600 MW at Dahej and 4,000 MW at Dholera SIR,” Adani said adding all the above power plants shall be completed to create a capacity of 15,000 MW by 2015.
“As an integrated infrastructure conglomerate we are also developing LNG terminal and infrastructure parks, and supporting railway lines and supporting facilities,” Adani said.
“Projects of more than Rs35,000 crore for which we had signed MoUs at the time of Vibrant Gujarat Summit in 2007 and 2009 have been fructified,” he added.
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First Published: Wed, Jan 12 2011. 12 20 PM IST