Adani Group announces investment in Gujarat

The Adani Group has announced an investment of over $25 billion in Gujarat over the next five years. The investment, revealed during the 10th edition of the Vibrant Gujarat Global Summit in Gandhinagar, is a key milestone in Gujarat’s economic advancement, particularly with respect to renewable energy.
THDC India Limited has entered into a memorandum of agreement (MoA) for the implementation of the 1,200 MW Kalai-II hydroelectric project (HEP) in Anjaw, Arunachal Pradesh. The project comprises seven generating units (6×190 MW and 1×60 MW), with an estimated cost of Rs 130 billion. The project is expected to generate 4,852.95 MUs annually.