Ambuja Cements to invest Rs 60 bn in Green Power Projects

20 Dec 2023 CW Team

Ambuja Cements, a company under the Adani Group, has announced plans to invest Rs 60 billion in renewable power projects, according to an exchange filing on December 18. The diversified Adani Group's cement and building material subsidiary will internally finance the investment, without providing further details on the funding process.

The company aims to achieve a capacity of 1,000 megawatts (MW) through solar and wind power projects in Gujarat and Rajasthan. The project lineup includes a 600 MW Solar Power project and a 150 MW Wind Power project in Gujarat, along with a 250 MW Solar Power project in Rajasthan.

Ambuja Cements has set a target to reach the specified capacity from solar and wind power projects by fiscal 2026, contributing to its existing capacity of 84 MW. Upon completion, these projects will increase the company's total green capacity from 19% to 60%.

The adoption of green power is expected to significantly reduce the company's power costs, decreasing from Rs 6.46 per kWh to Rs 5.16 per kWh. This 20% reduction, equivalent to Rs 1.30 per kWh, is projected to translate into a savings of Rs 90 per metric ton of cement by fiscal year 2028, as per the statement.

It is worth noting that in early December, Ambuja Cements acquired a majority stake in Sanghi Industries for Rs 51.85 billion.

Infrastructure Transport

15 Oct 2025

BMC Gets CRZ Nod For Rs 40 Million Gorai Bridge Rebuild

The Brihanmumbai Municipal Corporation (BMC) has secured Coastal Regulation Zone (CRZ) clearance for the reconstruction of the Poisar River bridge in Gorai, located in Mumbai’s western suburbs. However, the proposed demolition of the existing 100-metre bridge has sparked opposition from local residents, who claim it serves as the only direct access route between the Lower and Upper Koliwada areas. The three-decade-old bridge, situated within the CRZ buffer zone, was recently declared structurally unsafe following a civic audit. The BMC has sanctioned its reconstruction at an estimated cost ..

NHAI Completes Rs 15.9 Billion Four-Lane Stretch On ECR

The National Highways Authority of India (NHAI) has completed the four-laning of the 38 km Puducherry–Poondiyankuppam stretch, ending near Cuddalore, in a development that will cut travel time by up to two hours, according to a report by The New Indian Express. The upgraded section, built at a cost of Rs 15.9 billion under the Bharatmala Pariyojana Phase I, marks a major milestone in the ongoing East Coast Road (ECR) widening programme. The project promises a smoother, faster drive for motorists travelling towards Cuddalore, Chidambaram, Sirkazhi, and Nagapattinam. With this completion, 22..

Encroachments Delay Rs 1 Billion Ghatkopar Bridge Project

The construction of a new cable-stayed rail overbridge at Ghatkopar and the widening of the Andheri–Ghatkopar Link Road (AGLR) have been delayed due to the presence of nearly 250 encroached structures on both sides of the road. In response, Municipal Commissioner Bhushan Gagrani has directed officials to carry out a structural audit of the existing bridge over the railway line and enforce temporary restrictions on heavy vehicles to ensure public safety. The bridge, which starts at the Golibar Road junction near LBS Marg and extends up to the Eastern Express Highway (EEH), serves as a critic..