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Investment proposals of Rs 31,000 crore received during RIC in MP's Rewa, says CM Yadav

Infrastructure  -  Oct 24,2024  - 

Madhya Pradesh Chief Minister Mohan Yadav said investment proposals of more than Rs 31,000 crore that promise to generate over 28,000 jobs in the state have been received during the fifth edition of the Regional Industry Conclave (RIC).

The RIC was held in Rewa in the state's Vindhya region.

"We have received investment proposals worth over Rs 31,000 crore, which will generate more than 28,000 employment opportunities in the state during the 5th edition of the RIC in Rewa," Yadav said on the occasion.

An official said the RIC programme started on the directions of the chief minister is now gaining momentum and its fifth edition was organised at Krishna Raj Kapoor Auditorium in Rewa.

During the RIC, Sri Siddharth Infratech (Greenco) proposed to invest Rs 12,800 crore in renewable energy sector in Panna and Rewa districts, Rithwik Projects Pvt Ltd Rs 4,000 crore in renewable energy sector in Panna, Patanjali Ayurved Rs 1,000 crore in wellness and food processing sectors in different areas of the state, Ultratech Cement Rs 3,000 crore to set up a cement unit in Maihar, Mahan Energen Limited (Adani Group) Rs 2,528 crore in coal block in Singrauli district, Nisarg Ispat Rs 1,000 crore in rare earth and graphite block in Sidhi district, the official said.

Dalmia Group's Puneet Dalmia announced to set up a cement and clinker unit of 4 million tonnes capacity in Rewa with an investment of Rs 3,000 crore, which will be the world's first 100 per cent renewable energy-based plant, while Rama Group's Naresh Goyal announced to set up a furniture plant in Satna district with an investment of Rs 500 crore, the official said.

 

Company : Mahan Energen Limited