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Ambuja Cements announces Rs 1,600 cr investment in Bihar
The Business Guardian
|August 04, 2024
Ambuja Cements Limited, part of Adani Portfolio, has announced its first venture "Warisaliganj Cement Grinding Unit', a standalone facility with an overall capacity of 6 million tonnes per annum (MTPA), to be established at an investment of nearly Rs 1600 crore in Bihar.
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According to a press release by Ambuja Cement (Adani Cement), the project will be implemented in three phases, with the first phase of 2.4 MTPA at an investment of Rs 1100 crore targeted to be commissioned by December 2025. Adequate provisioning of land for future expansion is in place, which will be commissioned in due course at a much lower capital expenditure. Located in the Mosama village, Tehsil Warisaliganj, District Nawada, Bihar, the site is well-connected by road and rail, with Warisaliganj railway station 1 km away and SH-83 just 500 meters from the site. The project will meet the growing infrastructure needs of Bih
Denne historien er fra August 04, 2024-utgaven av The Business Guardian.
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The Business Guardian
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