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2024

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

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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.

With this announcement, the billionaire Gautam Adani-led firm has become "the largest investment in the state by a cement industry player".

"The project will meet the growing infrastructure needs of Bihar, aligning with priorities outlined in the recent Union Budget," it said.

In the latest Union Budget 2024-25, the Narendra Modi-led government unveiled big-ticket projects for Bihar, proposing a total outlay of ov