This comes days after Reliance Industries Chairman Mukesh Ambani said that they will make new investments in renewable energy and green hydrogen in Tamil Nadu. The Adani Group has signed Memorandums of Understanding (MoUs) with Tamil Nadu for investments exceeding Rs 42,700 crore at the Global Investors Meet 2024. The largest amount, Rs 24,500 crore, will be invested by Adani Green Energy Ltd into three pump storage projects (PSP) over the next 5-7 years. This comes days after Reliance Industries Chairman Mukesh Ambani said that they will make new investments in renewable energy and green hydrogen in Tamil Nadu. Adani Total Gas Ltd plans to invest Rs 1,568 crore over eight years.

Source: dna January 09, 2024 20:21 UTC