Ambuja Cements, owned by billionaire Gautam Adani’s group, announced on Saturday, August 3, that it’s going to make investments The firm is investing Rs 1,600 crore in its first challenge in Bihar, which is the most important funding made by any firm within the cement trade within the state. Under this challenge, Ambuja Cement will arrange a cement grinding unit with a complete capability of six million metric tons per year (MTPA) at Warisaliganj in Bihar.
According to Ambuja Cement’s press release, the cement challenge can be applied in three phases. The first part can have a capability of 2.4 MTPA with a funding of Rs 1.5 lakh crore. The challenge, costing Rs 1,100 crore, is focused on being commissioned by December 2025. Adequate provision of land has been made for future growth and it is going to be commissioned in the end at a really low capital expenditure.
Ambuja Cement challenge in Bihar: What does it contain?
The challenge is to spice up the infrastructure of the state. It will probably contribute approximately. This will improve the state’s fiscal income by Rs 250 crore per year and can create 250 direct and 1000 indirect jobs in Bihar. The foundation stone-laying ceremony was organized by Bihar Industrial Area Development Authority (BIADA).
BIADA has allotted 67.90 acres of land for the cement grinding unit, for which environmental clearance has been obtained to start out work on the web site. Apart from Warisaliganj, Ambuja Cements has been allotted 26.60 acres of land by BIADA for one more cement unit at Mahabal Industrial Area, Motipur, Muzaffarpur. The environmental clearance course of for this challenge is underway, and work on the challenge is likely to begin quickly.
The web site of the cement grinding unit is positioned at Mosama village in Warisaliganj tehsil of Nawada district, Bihar. It is effectively linked by street and rail. Warisaliganj railway station is one km away, and SH-83 is simply 500 m away.
Pranav Adani, Managing Director (Agriculture, Oil & Gas) and Director, Adani Enterprises Limited, was additionally current on behalf of the Adani Group.
Mr Adani stated, “This funding is in step with the State Government’s improvement programmes and our progress plans. The cement trade is witnessing good progress as a result of Government’s thrust on infrastructure and Ambuja Cements is effectively positioned to assist sustainable infrastructure improvement within the nation.”
He added, “We look forward to collaborating with the State Government, authorities and native communities on this and future tasks. The State Government’s assistance within the immediate processing and provision of all permits has made this historic funding attainable in such a short while.”
Here is a rewritten title inside the 60-character restriction:
“Adani-backed Ambuja Cement launches Rs 1,600 crore Bihar infra challenge: What’s included”
Here is a rewritten model of the content material with out HTML tags:
Ambuja Cements, owned by the Adani Group, has introduced a funding of Rs 1,600 crore in its first challenge in Bihar, the most important funding made by any firm within the cement trade within the state. The firm is organising a cement grinding unit with a complete capability of six million metric tons per year (MTPA) at Warisaliganj in Bihar.
According to Ambuja Cement’s press release, the cement challenge can be applied in three phases. The first part can have a capability of 2.4% MTPA with a funding of Rs 1,100 crore. The challenge is focused on being commissioned by December 2025 with satisfactory provision of land for future growth and commissioning at a low capital expenditure.
The challenge goals are to spice up the infrastructure of the state, contributing roughly Rs 250 crore to the state’s fiscal income annually and creating 250 direct and 1,000 oblique jobs in Bihar. The foundation stone-laying ceremony was organized by the Bihar Industrial Area Development Authority (BIADA).
BIADA has allotted 67.90 acres of land for the cement grinding unit, which has obtained environmental clearance to start out work on the web site. Ambuja Cements has additionally been allotted 26.60 acres of land by BIADA for one more cement unit at Mahabal Industrial Area, Motipur, Muzaffarpur, with the environmental clearance course of underway.
The web site of the cement grinding unit is positioned at Mosama village in Warisaliganj tehsil of Nawada district, Bihar, which is effectively linked by street and rail. Pranav Adani, Managing Director (Agriculture, Oil & Gas) and Director, Adani Enterprises Limited, was present on the ceremony on behalf of the Adani Group.
Mr. Adani acknowledged that the funding is in step with the State Government’s improvement packages and the corporation’s progress plans, and that the cement trade is witnessing good progress as a result of Government’s thrust on infrastructure. He additionally expressed the corporation’s willingness to collaborate with the State Government, authorities, and native communities on future tasks and credited the State Government’s assistance in processing permits for making the historic funding attainable.
