Telangana government and Adani Group sign four MoUs worth Rs 124 billion

Reportedly, Telangana government has announced the signing of four memorandum of understanding (MoUs) with the Adani Group for over Rs 124 billion.

Adani Enterprises Limited (AEL) is set to contribute over Rs 50 billion towards the establishment of a 100 MW data center, emphasising its commitment to utilising renewable energy sources over the next 5-7 years. AEL aims to collaborate with local micro, small, and medium enterprises and startups, fostering the development of a globally competitive supplier network for the project.