By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
Reading: Ambuja Cements announces Rs 1600 cr investment to set up 6 MTPA cement grinding unit in Bihar – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Ambuja Cements announces Rs 1600 cr investment to set up 6 MTPA cement grinding unit in Bihar – World News Network
Business

Ambuja Cements announces Rs 1600 cr investment to set up 6 MTPA cement grinding unit in Bihar – World News Network

worldnewsnetwork
Last updated: August 3, 2024 12:00 am
worldnewsnetwork
Share
5 Min Read
SHARE

Patna (Bihar) [India], August 3 (ANI): Ambuja Cements Limited, part of Adani Portfolio, has announced its first venture ‘Warisaliganj Cement Grinding Unit’, a standalone facility with an overall capacity of 6 million tonnes per annum (MTPA), to be established at an investment of nearly Rs 1600 crore in Bihar.
According to a press release by Ambuja Cement (Adani Cement), the project will be implemented in three phases, with the first phase of 2.4 MTPA at an investment of Rs 1100 crore targeted to be commissioned by December 2025. Adequate provisioning of land for future expansion is in place, which will be commissioned in due course at a much lower capital expenditure.
Located in the Mosama village, Tehsil Warisaliganj, District Nawada, Bihar, the site is well-connected by road and rail, with Warisaliganj railway station 1 km away and SH-83 just 500 meters from the site.
The project will meet the growing infrastructure needs of Bihar, aligning with priorities outlined in the recent Union Budget.
Chief Minister, Nitish Kumar, at a foundation stone-laying ceremony hosted by the Bihar Industrial Area Development Authority (BIADA), expressed his enthusiasm, stating, “This investment by the Adani Group is a testament to Bihar’s growth potential and our commitment to fostering sustainable development for the people of Bihar.”
Aimed at boosting infrastructure, contributing approximately Rs 250 crore per year to the state’s fiscal revenue and creating 250 direct jobs and 1000 indirect jobs for the state, the event was held in the gracious presence of many dignitaries such as Deputy Chief Ministers, Samrat Choudhary and Vijay Kumar Sinha, and Industry Minister, Nitish Mishra.
Pranav Adani, Managing Director (Agro, Oil & Gas) and Director, Adani Enterprises Limited, was also present from the Adani Group.
Pranav Adani remarked, “This investment aligns with the State Government’s development programs and our growth plans. The cement industry is witnessing healthy volumes due to the government’s infrastructure thrust, and Ambuja Cements is well-positioned to support sustainable infrastructure development in the country.”
He added, “We look forward to collaborating with the state government, authorities, and local communities on this and future projects. State Government’s support in fast tracking and provisioning of all permits has made this landmark investment possible in short time.”
Expressing the gratitude, Pranav Adani posted on X, “Privileged to be present for the foundation laying ceremony of the Cement Grinding Unit in Warisaliganj alongside Hon’ble CM Shri @NitishKumar. We are grateful for the support received from the Government in Bihar for making this strategic investment of Rs1,600 crore possible in alignment with the state’s development plans. #ThisisAdaniCement @AmbujaCementACL”
https://x.com/PranavAdani/status/1819665711569985676?t=2nGdlFFKRapl7PDsFnZteg&s=09
Karan Adani, MD- Adani Ports and SEZ Ltd. took to his social media handle on X to express enthusiasm, stating, “We are excited to announce a landmark Rs1,600 crore investment in Bihar to set up a 6 MTPA Cement Grinding Unit in Warisaliganj, creating significant job opportunities & contributing to the local economy. Adani Cement is well-positioned to support sustainable infrastructure development in Bihar and across India. #ThisisAdaniCement @AmbujaCementACL”.
https://x.com/AdaniKaran/status/1819664442004562037?t=XXIv6l_e56kOqk-3gYsLoQ&s=19
BIADA has allotted 67.90 acres of land for this cement unit, for which environmental clearance has been obtained for work on the site.
This unit is likely to be operational by December 2025. In addition to Warisaliganj, Ambuja Cements Limited has been allotted 26.60 acres of land by BIADA for another cement unit in the industrial area of Mahbal, Motipur, Muzaffarpur.
The environmental clearance for this project is under process, and work on this project is likely to start shortly. (ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Emerald Finance Reports 246% YoY Surge in Q4 FY25 Net Profit – World News Network

6 Reasons to Buy the TCL Q6CS Series in 2025 – World News Network

BMW Excellence Club curates an exclusive experience at Cannes Film Festival 2025 – World News Network

SPRAY’s MVR Innovation Wins India Global Praise at RegaTec 2025 in Germany – World News Network

Govt ratifies interest rate of 8.25% on employees’ provident fund for fiscal 2024-25 – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article India captain Rohit Sharma believes result was “fair” while chasing “gettable” total in 1st ODI against Sri Lanka – World News Network
Next Article 69th SOBHA Filmfare Awards South 2024: Raashii Khanna, Jyotika, Siddharth and others arrive in style – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

- Advertisement -

Latest News

‘Housefull 5’ : Akshay Kumar, Abhishek Bachchan’s ‘Qayamat’ song out now – World News Network
Entertainment May 24, 2025
Amid reports of Deepika Padukone’s exit from ‘Spirit’, Tripti Dimri joins Prabhas in Sandeep Reddy Vanga’s project – World News Network
Entertainment May 24, 2025
‘Metro…In Dino’: ‘Zamaana Lage’ song teaser out, full track to be released on this date – World News Network
Entertainment May 24, 2025
‘The Great Indian Kapil Show’ returns with Season 3 – World News Network
Entertainment May 24, 2025

Sports

“When guys like these retire…”: Ajit Agarkar on Virat Kohli, Rohit Sharma and Ashwin – World News Network
Sports
Shubman Gill named India’s new Test captain as BCCI announces squad for England series – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

Aishwarya Rai, Aaradhya Bachchan twin in black as they arrive in Mumbai post-Cannes – World News Network
Entertainment
‘Bridgerton’s Simone Ashley poses for a cheerful picture with Alia Bhatt at Cannes – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?