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Ambuja Cement plans ₹1000 cr. plant in Jharkhand – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Ambuja Cement plans ₹1000 cr. plant in Jharkhand

Ambuja Cement plans ₹1000 cr. plant in Jharkhand

Adani Group’s Ambuja Cements Ltd. (ACL) announced a ₹1000 crore investment to establish a four million tonnes per annum (MTPA) cement grinding unit in Jharkhand’s Godda district.

The project, planned to be close to Adani Power (Jharkhand) Ltd., is part of a comprehensive approach to disposing fly ash in an environmentally safe manner, contributing to a circular economy, the company said in a statement.

The unit will generate direct and indirect employment for more than 2,500 people and “achieve a significant milestone… contributing to the socio-economic development of the region,” ACL added. The company already operates two cement plants in Jharkhand with a combined capacity of six MTPA.

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