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Thursday, December 12, 2024

Ambuja Cements invests Rs 1,600 crore to set up 6 MTPA cement grinding unit

Ambuja Cements will invest Rs 1,600 crore to establish the Warisaliganj cement grinding unit, a standalone facility with an overall capacity of six MTPA in the Mosama village, Tehsil Warisaliganj, district Nawada, Bihar.

The project will be implemented in three phases with first phase of 2.4 MTPA at an investment of Rs 1,100 crore is 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 much lower capex.

Chief minister Nitish Kumar said, “This investment by the Adani Group is a testament to Bihar’s growth potential and our commitment to fostering sustainable development for the people of Bihar.”

The plant hopes to contribute approximately Rs 250 crore per year to the state’s fiscal revenue, creating 250 direct jobs and 1,000 indirect jobs for the state.

Bihar Industrial Area Development Authority (BIADA) has allotted 67.90 acres of land for this cement unit for which environmental clearance has been obtained for work on the site. This unit is likely to be operational by December 2025.

In addition to Warisaliganj, Ambuja Cements has been allotted 26.60 acres of land by the BIADA for another cement unit in the industrial area of Mahbal, Motipur, Muzaffarpur. The environmental clearance for this project is under process, and work on this project is likely to start shortly.

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