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Private Sector | Bihar - India | PID: 203340
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Ambuja Cements, owned by Adani Cement, is set to invest ?1,600 crore in Bihar to establish a cement grinding unit. Located in Mosama village, Warisaliganj tehsil, Nawada district, the unit will have an overall capacity of six MTPA to meet the state's growing infrastructure needs.
The project, well-connected by road and rail, will be implemented in three phases. The first phase, with a capacity of 2.4 MTPA and an investment of ?1,100 crore, is targeted for commissioning by December 2025. Future expansion is planned with adequate land available, promising lower capital expenditure for subsequent phases.
| Updated on: 31 - Aug - 2024
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