Madhya Pradesh holds great potential for defence sector investment: Anil Ambani

Ambani said his company's power plant was supplying electricity in Madhya Pradesh at Rs 1.20 per unit. Reliance ADAG has set up the power plant in Sasan in Singrauli district.

Indore, Oct 22 : Reliance Anil Dhirubhai Ambani Group Chairman Anil Ambani on Saturday said the state held great potential for investment in defence sector. He was speaking at the Global Investors Summit 2016 that got underway here on Saturday morning.

“The Reliance Group has an important role to play in Madhya Pradesh’s development. The state holds great potential for investment in the defence sector,” he said. Also Read: ‘Anmol Effect’ has brought good luck to Reliance Capital shares: Anil Ambani

Ambani said his company’s power plant was supplying electricity in Madhya Pradesh at Rs 1.20 per unit. Reliance ADAG has set up the power plant in Sasan in Singrauli district. “Power will be supplied at this rate for the next 25 years to the state,” he added. The two-day event aims to woo investments in the state.