Blitz Bureau
NEW DELHI; Ambuja Cements, part of the diversified Adani Portfolio, on August 3 announced that it will invest Rs 1,600 crore to set up a 6 MTPA cement grinding unit in Bihar. Aimed at boosting infrastructure, the Warisaliganj Cement Grinding Unit is likely to contribute approximately Rs 250 crore per year to the state’s fiscal revenue and creating 250 direct and 1,000 indirect jobs for the state.
“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 the state,” said Chief Minister Nitish Kumar.
The project will be implemented in three phases, with the first phase of 2.4 MTPA at an investment of Rs 1,100 crore targeted to be commissioned by December 2025. “This investment aligns with the state government’s development programmes 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,” said Pranav Adani, Managing Director (Agro, Oil & Gas) and Director, Adani Enterprises Limited.
