Adani Group Shocks Jagan, Moves To Hyd

[Assam_Bhayya]

Adani Group Shocks Jagan, Moves To Hyd

Oct 30, 2019

In a rude shock to new government in Andhra Pradesh, renowned Adani Group had moved its investment to Telangana. Contrary to its previous plan of investing in Visakhapatnam, the Gujarat-based USD 13-billion (Rs 84,500 Crore approximately) integrated business conglomerate is setting up a mega piece of data centre infrastructure in Hyderabad in Telangana.
Earlier, The Adani group had signed a memorandum of understanding with the Andhra Pradesh government in January 2019 in the presence of then CM Chandrababu Naidu that it would invest Rs 70,000 crore over the next 20 years in and around Visakhapatnam to build solar powered data centre parks of upto 5 Gigawatts. This was supposed to be AP's single-largest investment. Adani Group's move was to bolster India's technology infrastructure and boost the concept of green data centres.
But Adani has changed its mind. It is now setting up its huge investment in Hyderabad. For this biggest single-largest investment, Adani Group has partnered with San Francisco-based Digital Realty, a leading global provider of data centre, co-location and interconnection solutions. Adani Enterprises Ltd has signed an MOU with Digital Realty and as per the MOU, both firms will jointly evaluate developing and operating data centres, data centre parks and cultivating undersea cable provider communities of interest across India with Hyderabad as its center. This is a big blow to AP.
AP state government is yet to comment on the development. As per reports, the change of government in AP and change of political developments in AP rumoured to have forced the business conglomerate to move to neighbouring Telangana. More details are still awaited

[Hydrockers]

Pettinapudu chudam le

[Assam_Bhayya]

36 minutes ago, Hydrockers said:

Pettinapudu chudam le

[kevinUsa]

Anni cheppe matale

Ante

[xano917]

[RunRaajaRun123]

Grama Volunteer range job lu levanin cheppi jagan anna ney Pampinchesaadu Hyderabad ki

[Bodi_lafangi]

All Jaffa batch come out, please give us some clarification on this...

[Bodi_lafangi]

@Android__Halwa@Migilindi23 @tom bhayya @Sachin200 yeda daakkunnarra maaki

[Android_Halwa]

Idoka rakamaina stunt....

Ie eenadu templates ni marchandayya....pre historic schemes iyanni, anduke 23 vachinayi

[Migilindi23]

1 minute ago, Bodi_lafangi said:

@Android__Halwa@Migilindi23 @tom bhayya @Sachin200 yeda daakkunnarra maaki

Yendhy raa. Migilindi23 or migilindi22?. 

[kothavani]

Vaadu oka donga baa bongu kuda petadu 

[Android_Halwa]

Aina, idemana Amaravati uh endi, Adani vache udyogam teche ante murisiponike....

Adani gaanki Hyderabad avasaram....Unlike Andhra ki Adani avasaram

[Bodi_lafangi]

3 minutes ago, Migilindi23 said:

Yendhy raa. Migilindi23 or migilindi22?. 

Nee I'd change kar bay haula maakhda

[Bodi_lafangi]

1 minute ago, Android_Halwa said:

Aina, idemana Amaravati uh endi, Adani vache udyogam teche ante murisiponike....

Adani gaanki Hyderabad avasaram....Unlike Andhra ki Adani avasaram

Emanna defence chestunnav ra,!! half cut gaallaki tottulu raa meeru, den*** pondi bay all investments, ap la chutiya govt nadustundi dora ki inthakanna manchi presentation dorakad

[mirchi_bajji]

9 minutes ago, Android_Halwa said:

Idoka rakamaina stunt....

Ie eenadu templates ni marchandayya....pre historic schemes iyanni, anduke 23 vachinayi

lol. you will defend the govt whatever is the case kada....man....India lo politics ila thayarayyayi ante....you are a prime example. i agree that TDP are no saints and  are not corruption free but i atleast expect people to evaluate situations and make decisions.