Gautam Adani to invest Rs 65,000 crore as Rajasthan summit attracts solar projects

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The two-day ‘InvestRajasthan‘ summit got off to a promising start withGautam Adaniof the Adani Group committing an of Rs 65,000 crore in the state over the next five to seven years.

The Ports-to-energy conglomerate will invest Rs 50,000 crore to set

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up a mega 10,000MW solar plant, expand the cement plant and upgrade the Jaipur airport. Tata Power will also develop around 10,000MW of RENEWABLE ENERGY, mainly solar, over the next five years.

Investments in the power sector has been the leading theme of the summit with MoUs accounting for close to 60% of the total proposed investments.