Billionaire Gautam Adani’s group Reliance Industries and state-owned power producer NTPC were among more than a dozen companies that pledged to invest approximately Rs 4 lakh crore across various sectors in Madhya Pradesh. This announcement came during an event where the state highlighted its abundant investment opportunities and business potential. Adani Group has committed to investing Rs 1.10 lakh crore in projects related to pumped storage cement production mining smart meters and thermal energy. Meanwhile Reliance Industries has promised an investment of Rs 60000 crore primarily focused on establishing biofuel projects in the state. NTPC Reliance Adani Rs 4 lakh cr Investment In MP Speaking at the eighth edition of the Madhya Pradesh investment summit Adani promised another Rs 1 lakh crore in a greenfield smart city an airport project and a coal-gasification project for which the ports-to-power conglomerate is in talks with the state government. Today I am proud to announce new investments of over Rs 110000 crore in the areas of pumped storage cement mining smart-meters and thermal energy. These multi-sectoral investments will create more than 120000 jobs in Madhya Pradesh by 2030 he said. Adani said the plans are not just about investments but they are milestones in a shared journey - one that would make the state a national leader in industrial and economic growth. The inaugural MP Global Investors Summit began with big-ticket announcements -- with the state going all out to woo global investors and large business houses to invest in the MPs limitless potential. NTPC-NGEL (NTPC Green Energy Ltd) and MPPGCL (Madhya Pradesh Power Generation Company Ltd) signed a Memorandum of Understanding (MoU) for 20 GW worth of renewable power generation in the state with an intent to invest Rs 120000 crore in the energy sector. NTPC Chairman and Managing Director Gurdeep Singh said his firm and its subsidiaries and joint venture partners will invest Rs 1.2 lakh crore in setting up 20 gigawatts of renewable power generation capacity in Madhya Pradesh. NTPC will also look at investing another Rs 80000 crore in two sites of greenfield nuclear power plants in the state. Renewable energy player Avaada plans to invest Rs 50000 crore in setting up solar wind and pump hydro storage and battery storage projects and solar photovoltaic module manufacturing facility its MD Vineet Mittal said. We will invest Rs 50000 crore over a period of next three to five years in solar wind pumped storage as well as battery Mittal said. Ahmedabad-based Torrent Power committed Rs 26500 crore investment in renewable energy projects. Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) committed Rs 26800 crore and Rs 21000 crore of lending support respectively to projects coming up in the state. The Indo-European Chamber of Small and Medium Enterprises the Germany India Innovation Centre and the Indo-German Chamber of Commerce also signed MoUs with Madhya Pradesh Industrial Development Corporation (MPIDC). OPG Power Generation Pvt Ltd pledged Rs 13400 crore investment in setting up a manufacturing facility for battery storage systems small modular reactors green hydrogen and hybrid (solar and wind) power generation. The final numbers will change after the state government releases a full list of investment commitments at the end of the two-day summit on Tuesday. Chief Minister Mohan Yadav while addressing audiences during the MoU signing ceremony said the State has hit new milestones on the inaugural day of the Global Investors Summit. He said that nations across the world have reposed confidence and faith in Indias pace of progress and leadership in multiple sectors. Among other significant MoUs inked on Monday was MP PWD and NHAIs pact valued at Rs 1 lakh crore for the development of a high-speed corridor. This summit is the centre of infinite possibilities transforming our state into a thriving economic powerhouse Yadav said in a post on X. (With Inputs From PTI)