Adani group to invest Rs. 750 cr in West Bengal.

The Adani Group recently said it would invest Rs. 750 crore to double the capacity of the company’s edible oil refinery at Haldia in West Bengal.

According to Pranav Adani, MD, Adani Wilmar (part of the Adani Group), the Group is looking to invest in port, agri and power sectors, “given the opportunity”.

“Given a chance we will replicate the Mundra port here in Bengal. We are also present in renewable, power and transmission sectors. We have created 4,500 direct-indirect jobs in Bengal,” Adani said during the second day of the Bengal Global Business Summit 2018 - the annual investors’ summit - here on Wednesday.

Adanis have already doubled the refining capacity from 800 tonnes to 1,600 tonnes per day in five years. Packaging capacity has also been expanded from 1,200 tonnes to 1,800 tonnes.

Pranav Adani said the company will also be exploring agri-logistics and warehousing.

HBL