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HomeUncategorizedAdani Group to invest Rs. 25,000 Cr in Coal Gasification Project

Adani Group to invest Rs. 25,000 Cr in Coal Gasification Project

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Adani Group said on Monday it would invest Rs. 25,000 crore ($3.75 billion) in a coal gasification project.

Adani said in a statement the project would be launched in Chhattisgarh, where there is an abundant supply of poorer quality coal containing high ash.

It said it would also invest Rs. 200 crore in a rice bran solvent extraction plant and a physical refinery packing plant in Chhattisgarh.

Headed by billionaire Gautam Adani, the Adani Group’s operations include coal mining, power plants, ports and logistics.

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