+
Orient Cement & Adani Power Maharashtra terminate MoU
POWER & RENEWABLE ENERGY

Orient Cement & Adani Power Maharashtra terminate MoU

On Wednesday, Orient Cement announced the termination of the non-binding Memorandum of Understanding (MoU) it had signed with Adani Power Maharashtra (APML).

With the intention of studying the feasibility of developing a cement grinding unit (CGU) in Tiroda, Maharashtra, Orient Cement and APML engaged into a non-binding Memorandum of Understanding (MoU) in September 2021.

The cement manufacturer stated in an exchange filing that APML has asked the company to forego moving forward with this project because they are unable to secure the necessary Maharashtra Industrial Development Corporation (MIDC) clearances for subleasing the parcel of land needed for the CGU due to some legal issues. Likewise, the timelines set forth in the Memorandum of Understanding have passed.

By accepting APML's viewpoint, according to Orient Cement, the aforementioned non-binding Agreement is no longer in effect.

On Wednesday, Orient Cement announced the termination of the non-binding Memorandum of Understanding (MoU) it had signed with Adani Power Maharashtra (APML). With the intention of studying the feasibility of developing a cement grinding unit (CGU) in Tiroda, Maharashtra, Orient Cement and APML engaged into a non-binding Memorandum of Understanding (MoU) in September 2021. The cement manufacturer stated in an exchange filing that APML has asked the company to forego moving forward with this project because they are unable to secure the necessary Maharashtra Industrial Development Corporation (MIDC) clearances for subleasing the parcel of land needed for the CGU due to some legal issues. Likewise, the timelines set forth in the Memorandum of Understanding have passed. By accepting APML's viewpoint, according to Orient Cement, the aforementioned non-binding Agreement is no longer in effect.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code