Anil Dhirubhai Ambani group chairman Anil Ambani on Saturday committed to set up a Special Economic Zone in Chennai and also invest Rs 12,000 crore for a 1,000 MW power plant, IT Park and desalination project.
"The power plant would come up at North Chennai... The desalination plant would be capable of meeting 30 per cent of the city's drinking water requirements," he announced after calling on Chief Minister M Karunanidhi at the Secretariat.
Both these plants would be set up at a cost of Rs 10,000 crore, said Ambani, whose Group has diversified business interests ranging from infrastructure to finance to media and telecom.
Besides, Reliance Communications would set up an IT Park in the city, which would have a Convention Centre on par with international standards. The project would cost Rs 2,000 crore, he said.