Adani Group Doubles Capacity of Haldia Refinery - Pranav Adani

AHMEDABAD, India - Feb. 7, 2018 - PRLog -- With their recent achievements in the Indian shipping industry still fresh on everyone's mind, Adani Group has announced their plans of investing Rs. 750 crores to double the capacity of the company's edible oil refinery at Haldia in West Bengal. Part of the Adani Wilmar Group, the refinery is being expanded to focus more towards agri-logistics and warehousing.

Speaking at the Bengal Global Business Summit or BGBS, Adani Wilmar's Managing Director Pranav Adani added that the company is also interested in investing in other sectors which include port, agri and power sectors. He also added the investment would double both the edible oil capacity of the refinery from 1,600 tonnes and the packaging capacity from 1,200 to 1,800 tonnes, respectively, over the next five years.

Mr. Adani also said that, "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." With the state government working currently on developing two deep sea ports, this might be an opportunity for the company to do the same.

Adani Group has also shown interest towards the power sector offering their expertise in transmission and renewable energy for the prospects that might come in the future.

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