Adani-owned Ambuja Cement to invest Rs 1,600 crore in Bihar to set cement factory
Ambuja Cement's first project in Bihar will have a total capacity of 6 MTPA
Billionaire Gautam Adani’s Group-owned Ambuja Cement on August 3 announced that it will invest Rs 1,600 crore in Bihar to set up a cement grinding unit at Warisaliganj in Nawada district. This will be the largest investment by a cement company in Bihar.
Ambuja Cement’s first project in Bihar will have a total capacity of six million tonnes per annum (MTPA).
The project will be implemented in three phases with first phase of 2.4 MTPA at an investment of Rs 1,100 crore is targeted to be commissioned by December 2025, Ambuja Cement said in a statement.
Adequate provisioning of land for future expansion is in place which will be commissioned in due course at much lower capex. 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, it said.
“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,” said Bihar Chief Minister Nitish Kumar at a foundation stone-laying ceremony hosted by the Bihar Industrial Area Development Authority (BIADA).
The project is aimed at boosting state infrastructure. It will likely contribute approximately Rs 250 crore per year to the state’s fiscal revenue and create 250 direct jobs and 1000 indirect jobs for Bihar. The foundation stone-laying ceremony was hosted by the Bihar Industrial Area Development Authority (BIADA).
BIADA has allotted 67.90 acres of land for the cement grinding unit for which environmental clearance has been obtained for work on the site. In addition to Warisaliganj, Ambuja Cements has been allotted 26.60 acres of land by the BIADA for another cement unit in the industrial area of Mahbal, Motipur, Muzaffarpur. The environmental clearance for this project is being processed, and work on this project is likely to start shortly.
“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 wellpositioned to support sustainable infrastructure development in the country,” said Pranav Adani, Managing Director (Agro, Oil & Gas) and Director, Adani Enterprises Limited.
“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,” Adani added.
