Nuvoco Vistas Acquires Vadraj Energy from JSW Cement, Alpha
Cement

Nuvoco Vistas Acquires Vadraj Energy from JSW Cement, Alpha

Nuvoco Vistas has completed the acquisition of Vadraj Energy, a power generation company previously owned by JSW Cement and Alpha Alternatives. The move aims to enhance Nuvoco’s captive power capacity and support the energy requirements of its cement manufacturing operations.

Vadraj Energy operates a 100 MW captive power plant in Kutch, Gujarat, which will now come under Nuvoco’s control. The acquisition is expected to improve operational efficiency, ensure reliable power supply and reduce energy costs for the company’s cement plants.

Nuvoco stated that the addition of Vadraj Energy aligns with its long-term strategy of strengthening self-reliance in power and improving sustainability across its manufacturing footprint. The transaction also reinforces the company’s focus on operational integration and energy optimisation within the cement value chain.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Nuvoco Vistas has completed the acquisition of Vadraj Energy, a power generation company previously owned by JSW Cement and Alpha Alternatives. The move aims to enhance Nuvoco’s captive power capacity and support the energy requirements of its cement manufacturing operations.Vadraj Energy operates a 100 MW captive power plant in Kutch, Gujarat, which will now come under Nuvoco’s control. The acquisition is expected to improve operational efficiency, ensure reliable power supply and reduce energy costs for the company’s cement plants.Nuvoco stated that the addition of Vadraj Energy aligns with its long-term strategy of strengthening self-reliance in power and improving sustainability across its manufacturing footprint. The transaction also reinforces the company’s focus on operational integration and energy optimisation within the cement value chain.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement