The company has already inked a memorandum of understanding (MoU) with the state for the investment.
According to the company, the plants would be built in two phases and are likely to provide direct and indirect employment to 20,000 people.
As per the MoU, the capacity of phase-I is – urea-1.3 MMTPA, methanol-3.3 MMTPA, SNG-8 and 4000 MW power while phase-II is 1.3 MMTPA.
The Phase 1 would begin production within five years of signing of stage-II MoU, while the phase-II would start after three years of commencement of phase-I commercial production.
Adani Group may build the project at Sindri in Dhanbad or other suitable location in Jharkhand.
