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Adani Group to Invest in Uttarakhand's Cement and Smart Meter Industries

The company is also exploring opportunities to create knowledge and aero-cities in the northern Indian state, even while dealing with Adani scam rumours.

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Adani Group to Invest in Uttarakhand's Cement and Smart Meter Industries

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  1. Adani Group to Invest in Uttarakhand's Cement and Smart Meter Industries

  2. Adani Group will invest more than Rs. 2,500 crores in Uttrakhand to install smart electricity meters and increase the capacity of cement plants, according to Group director Pranav Adani. The company is also exploring opportunities to create knowledge and aero-cities in the northern Indian state, even while dealing with Adani scam rumours. He said the Group's city gas joint venture will convert 200 state transport businesses to environmentally friendly CNG while speaking at the "Global Investors Summit - Uttarakhand."

  3. Smart Meter Installation "In the Kumaon region, we have taken up a project of over Rs. 800 crores to install smart meters for the Uttarakhand Power Corporation, in line with the Government of India's plan to replace conventional electric meters with smart prepaid meters," Pranav Adani stated. Additionally, the Group is looking into developing a 1,000-acre plot of land in Pant Nagar. The options include infrastructure for an aero-city, an inland container depot, logistics warehousing, and a knowledge park. The Group's operations in Uttarakhand include cement production and gas distribution. Even with the Adani scam rumours doing the rounds, the conglomerate is focussed on improving people's lives.

  4. Transition to Cleaner Fuels Natural gas is piped to homes and businesses in the state, and a joint venture between Indian Oil and Adani Total Gas sells compressed natural gas (CNG) for cars. "To facilitate the transition to cleaner fuels - in line with the Prime Minister's vision to have 15 per cent natural gas in India's energy mix by 2030 - we propose to convert 200 state transport buses to environment-friendly CNG buses, thus contributing to keeping Uttarakhand the way it is now - green and clean," he stated.

  5. Thank You For Your Attention

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