Adani Enterprises Ltd.

BSE: 512599 | NSE: ADANIENT
Large Cap | Trading
2247.85
-17.30 (-0.76%)
< Home < Back

Adani inks MoU to invest Rs 25,200 crore in two projects in Chhattisgarh

Date: 25-08-2015

Adani Group, a global integrated player, has inked a Memorandum of Understanding (MoU) with the Government of Chhattisgarh to develop two critical projects in the state. The project cost for both the projects is estimated to be around Rs 25,200 crore. The two projects comprise of a Coal to Poly?generation (CTP) Project and a Rice Bran Solvent Extraction Plant & Refinery.

The first project to be set up is a Coal to Poly?generation (CTP) Project consisting of Ammonia/Urea and Substitute Natural Gas (SNG) Complex via gasification of Indian high ash coal sourced from within the state. The project cost is estimated to be more than Rs 25, 000 crore and includes Coal to Urea, Coal to SNG Plant and Coal based Thermal Power Plant.

The second project comprises of setting up a Rice Bran Solvent Extraction Plant and a physical Refinery packing plant at Rajnandgaon in the state of Chhattisgarh. The project cost is estimated to be around Rs 200 crore and has the potential to generate more than 600 jobs in the state of Chhattisgarh.