Vedanta Proposes Rs 80,000 Crore Investment in JK Nagar

Asansol. Vedanta Chairman Anil Agarwal has proposed an investment of Rs 70,000 to 80,000 crore to Chief Minister Suvendu Adhikari for setting up power generation and aluminum smelter plants in JK Nagar, Asansol. Speaking to reporters in Kolkata, he said the group will assess the feasibility of the proposed projects. Coal availability and existing infrastructure could support these industrial activities. He stated that with active cooperation from the state government, these projects could become operational in the next three years. Mentioning his meeting with Chief Minister Suvendu Adhikari earlier in the day, Agarwal said the Chief Minister told him that he could explore investment prospects in any sector and he would consider it. He has promised to create thousands of jobs. Calling Suvendu proactive in attracting major industrial investments, he said the Chief Minister gave ample time to discuss investment opportunities and showed deep interest in bringing major projects to the state.