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Adani's Ambuja Cement to invest Rs 1,600 cr to build grinding unit in Bihar

Business Standard LogoBusiness Standard8h ago

Adani's Ambuja Cement to invest Rs 1,600 cr to build grinding unit in Bihar - Business Standard

Quick Summary:

Adani Group-owned Ambuja Cement Ltd (ACL) on Saturday announced an investment of around Rs 1,600 crore in Bihar to set up a cement grinding unit at Warisaliganj in Nawada district.

The 6 MTPA Warisaliganj cement grinding unit is the first venture in Bihar of ACL, which is aggressively expanding its capacity in the country, according to a statement from the Adani Cement entity.

"The Warisaliganj Cement Grinding Unit, a standalone facility with an overall capacity of 6 MTPA (million tonnes per annum), will be established at an investment of nearly Rs 1,600 crore," it said.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-03 @ 17:26:30 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 591 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21905910

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 130 posts per day

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News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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