Of this, Rs 24,500 crore will be invested, over the next 5-7 years, by Adani Green Energy Ltd into three pump storage projects (PSP).
The investment comes on the heels of similar plans announced by Reliance Industries Chairman Mukesh Ambani focusing on renewable energy and green hydrogen in Tamil Nadu.
On similar lines, over the next seven years, Adani Connex is set to invest Rs 13,200 crore in a hyperscale data centre. Ambuja Cements will invest Rs 3,500 crore to establish three cement grinding units in the next five years. Adani Total Gas Ltd plans to invest Rs 1,568 crore over eight years.
The Adani Group’s presence in Tamil Nadu includes ports and logistics, edible oil, power transmission, city gas distribution, data centres, green energy, and cement manufacturing.
Adani Ports and Special Economic Zone, the integrated ports and logistics company, has invested Rs 3,733 crore in Tiruvallur district, operating the Kattupalli and Ennore Ports catering to the Chennai and Sri City regions. Meanwhile, Adani Green Energy’s investment will focus on PSP plants and hydroelectric energy storage systems, targeting a total capacity of 4,900 MW. This clean energy project is expected to create over 4,400 job opportunities.
