Adani-backed Ambuja Cement declares Bihar infra project with net investment worth ₹1,600 crore: Here’s what it entails | Mint

13

Billionaire Gautam Adani’s Group-owned Ambuja Cement announced on Saturday, August 3,  that it will invest ₹1,600 crore for its first project coming up in Bihar. The company will set up a cement-grinding unit with a capacity of six million tonnes per annum (MTPA) at Warisaliganj, Bihar.

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 ₹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.

The project is aimed at boosting state infrastructure and likely contribute approximately ₹250 crore per year to the state’s fiscal revenue and creating 250 direct jobs and 1000 indirect jobs for Bihar.

Located in the Mosama village, Tehsil Warisaliganj, District Nawada, Bihar, the site forthe unit is well-connected by road and rail, with Warisaliganj railway station one km away and SH-83 just 500 meters from the site.



Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.

Aggregated From –

Comments are closed, but trackbacks and pingbacks are open.