Adani Group to generate 20,000 MW power by 2020

Image
IANS Hyderabad
Last Updated : Aug 11 2014 | 5:45 PM IST

Adani Group will generate 20,000 MW electricity by 2020 and will be in a position to supply to needy states.

Gautam Adani, chairman of the Adani Group of companies, said this during a meeting with Telangana Chief Minister K. Chandrashekar Rao here Monday.

The chief minister told Adani that there is a shortage of power in the state and that he will be happy if Adani Group comes forward with its ideas to ease out the problem.

According to a statement from the chief minister's office, Adani explained the group's profile and activities being taken up.

Rao said government of Telangana was coming out with an industrial policy by which a single window clearance will be in place. The chief minister said the government had already identified land to provide to the industries after developing it in all aspects including infrastructural facilities.

He, however, said the state faced electricity shortage and was looking forward for help from companies like Adani Group.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 11 2014 | 5:40 PM IST

Next Story