Adani to set up urea and power plants in Jharkhand
By Abha Manakatala - Fri Jun 26, 12:16 pm
Adani Group to invest Rs 50,000 crore in Jharkhand for producing urea, methane, power and substitute natural gas (SNG) .
An MoU has been signed between director of state industry department K. Ravi Kumar and Adani Group CEO Rajesh Jha.
Kumar reportedly said that Adani group, which has a coal block at Jeetpur, would invest Rs 50,000 crore to produce urea, methane, power and SNG from coal.
“It is the first stage of MoU. They will prepare a detailed project report. Then land will be identified,” added Kumar when asked about details of plants which are likely to provide direct and indirect employment to 20,000 people.