Ambuja Cement eyes Rs 10 billion plant in Jharkhand

Adani Group's Ambuja Cements (ACL) has announced a Rs 10 billion investment to establish a four million tonnes per annum (MTPA) cement grinding unit in Jharkhand's Godda district. The project, which is planned to be located near Adani Power (Jharkhand), is part of a comprehensive approach to dispose of fly ash in an environmentally safe manner, contributing to a circular economy, as per the company's statement.

According to ACL, the unit is expected to generate direct and indirect employment for more than 2,500 people and will "achieve a significant milestone in contributing to the socio-economic development of the region." The company also mentioned that it already operates two cement plants in Jharkhand with a combined capacity of six MTPA.

Related Stories

Ambuja Cements Raises Stake in Orient to 73 Per Cent
Jefferies Forecasts Cement Turnaround in FY26 on South Price Rise
Adani Cement Highlights ACT Services and Premium Range at REDECON
Mahindra Lifespaces Bags Rs 12.5 billion Redevelopment in Mulund
Snowman Adds Warehouses in Kolkata and Krishnapatnam