
Adani Group's Karan Adani met Odisha officials to discuss a ₹80,000 crore coal-to-chemicals plant, two 3,000-MW power units, nuclear projects and bauxite mining in the state.
Adani Group executives met Odisha officials on Thursday to discuss nuclear power projects, a coal-to-chemicals plant and mining investments, signaling a shift in the conglomerate's energy strategy toward baseload power and downstream coal processing.
Adani Ports and SEZ Ltd CEO Karan Adani led a team that met Chief Minister Mohan Charan Majhi and Deputy CM KV Singh Deo. The discussions covered projects proposed in the state that would require approvals, land and infrastructure support, sources said.
The most significant proposal on the table is an integrated coal gasification and coal-to-chemicals plant at Bedabahal in Sundargarh district. The project, already approved by a state high-powered committee, carries an estimated investment of ₹80,000 crore. That makes it one of the largest single-project capital commitments the group has disclosed in the chemicals segment.
On the energy side, the group reiterated its interest in building two power plants of 3,000 MW each. An official release from the Odisha government said the discussions focused on pumped storage plants, solar power and nuclear power projects as part of the group's push into clean energy.
"During his meeting with Singh Deo, the deliberations focused on accelerating the deployment of clean energy infrastructure – specifically Pumped Storage Plants (PSP), Solar Power generation, and Nuclear Power projects – to fortify long-term energy security, grid reliability, and sustainable energy development goals in the state," the release said.
The nuclear power plans are notable because the Adani Group has not publicly disclosed a nuclear energy portfolio before. India's nuclear power sector remains tightly controlled by the central government, with private participation limited to equipment supply and site development. The Adani Group also invited Singh Deo to visit its renewable energy projects in other states.
On the mining side, the group proposed bauxite extraction at Kutrumali in Rayagada district and Balada in Koraput district, paired with an alumina refinery and captive power plant in Rayagada. An aluminium smelter unit in Cuttack district was also discussed. Together, these would create a vertically integrated aluminium chain from mining to finished metal.
The group also discussed expanding its Dhamra port, which already handles dry bulk and containers.
Timeframes and approvals were the focus of the meeting with Majhi. "It was decided to set timeframes for each proposed project and sort out issues causing delays," official sources said.
Senior Odisha officials at the meeting included Development Commissioner Deoranjan Kumar Singh, Additional Chief Secretary (Industries) Hemant Sharma, Additional Chief Secretary (Energy) Vishal Dev, and Additional Chief Secretary (Housing & Urban Development) Usha Padhee.
The meeting comes as the Adani Group has been expanding its industrial footprint in Odisha beyond its existing port operations. The state is a major source of coal, bauxite and iron ore, and has been pushing for downstream processing industries that create local jobs and tax revenue.
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