The petrochemical facility in Mundra, Gujarat, that Adani Group is planning requires investment. Adani Enterprises Ltd (AEL), the group’s flagship company, formed its wholly-owned subsidiary Mundra Petrochem Ltd in 2021 with a capital investment of Rs 34,900 crore to build a greenfield coal-to-PVC plant on land owned by Adani Ports and Special Economic Zone (APSEZ) in the Kutch district of Gujarat.
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