The Adani Group has announced a massive investment of Rs 28,000 crore (about 3.36 Billion USD) in Bihar. This investment will be used to set up an ultra-supercritical thermal power plant, expand cement production capacity, and enhance their food processing and logistics businesses.
An ultra-supercritical thermal power plant is a type of power plant that operates at extremely high temperatures and pressures. This advanced technology allows the plant to achieve higher efficiency and lower emissions compared to traditional coal-fired power plants. These plants can achieve efficiencies of around 46%, compared to about 38% for subcritical plants and 41-42% for supercritical plants.
This project is expected to create thousands of jobs and significantly boost Bihar's infrastructure. It's a major step towards addressing the state's electricity deficit and promoting economic growth. This means they use less coal to produce the same amount of electricity.
The group plans to invest Rs 20,000 crore to set up this power plant, which is expected to generate around 12,000 jobs during the pre-commissioning phase and 1,500 skilled jobs during operations.
Cement Production: An additional Rs 2,500 crore will be invested to expand cement production capacity to 10 million tonnes per annum (MMTPA), creating 9,000 jobs.
Logistics and Warehousing: Rs 2,300 crore will be invested to enhance logistics and warehousing facilities, generating 27,000 jobs.
Smart Meter Manufacturing: The group will invest Rs 2,100 crore to manufacture and install 28 lakh smart meters in cities like Siwan, Gopalganj, Vaishali, Saran, and Samastipur, creating 4,000 jobs.
Strategic Infrastructure: Another Rs 1,000 crore will be invested in developing strategic infrastructure such as Gati Shakti Railway Terminals, Inland Container Depots (ICDs), and Industrial Warehousing Parks.
Overall, this investment is to create 53,500 direct and indirect jobs and significantly boost Bihar's infrastructure and economy.
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