The State Government and Adani Group on Wednesday signed memorandum of understanding for investment of Rs 15,000-crore in Jharkhand to set up a 1,600 MW capacity thermal power plant. The MoU was signed between Chief Minister Raghubar Das and Managing Director of Adani Group Rajesh Adani during the ‘Jharkhand Investor Summit’ at the ‘Make In India’ event in Mumbai. The proposed plants will be set up in Godda and Sahibganj districts of the state.
The Adani group would set up 2X800 MW of thermal power plant besides 1,000 MW of solar power plant in the State.
Sources said the State Government expects flow of investment of over Rs 62,000-crore under various “Make in India” projects of which the biggest investment has been confirmed by the Adani Group which is likely to pump Rs 50,000-crore for power and fertiliser manufacturing plant in the State. Moreover, the state is also getting an investment of Rs 2,000-crore from Vedanta group to set up a steel plant.