September 2024

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newsmakers

AMBUJA CEMENTS

Paving The Way For Growth And Expansion

Ambuja Cements is setting up a cement grinding unit, a standalone facility with an overall capacity of 6 MTPA (millions of tonnes per annum), in Warisaliganj, Bihar.

Priti Saldanha

In a bold demonstration of its market dominance and unwavering commitment to driving infrastructure and economic development, Ambuja Cements has announced a staggering INR 1600 crore investment to establish 6 MTPA (millions of tonnes per annum) cement grinding units in Warisaliganj, Bihar. This monumental venture not only signifies Ambuja Cements' entry into Bihar but also stands as the single largest investment in the state by any player in the cement industry.

The project will be executed in three phases with a first phase of 2.4 MTPA at an investment of INR 1100 crore is targeted to be commissioned by December 2025. Adequate provisioning of land for future expansion is in place, which will be commissioned in due course at a 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 metres from the site.

The project aligns with the priorities outlined in the recent Union Budget, addressing Bihar's growing infrastructure needs.

Hon’ble Chief Minister, Nitish Kumar, at a foundation stone-laying ceremony hosted by the Bihar Industrial Area Development Authority (BIADA), expressed his enthusiasm, stating, “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.”

Aimed at boosting infrastructure, contributing approximately INR 250 crore per year to the state’s fiscal revenue and creating 250 direct jobs and 1000 indirect jobs for the state, the event was held in the gracious presence of many dignitaries like the Hon’ble Deputy Chief Minister, Samrat Choudhary; Hon’ble Deputy Chief Minister, Vijay Kumar Sinha; Hon’ble Industry Minister, Nitish Mishra. On this occasion, Pranav Adani, Managing Director (Agro, Oil & Gas) and Director, Adani Enterprises Ltd was also present from the Adani Group.

Mr Pranav remarked, “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 well positioned to support sustainable infrastructure development in the country. 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 a brief time.”

BIADA has allotted 67.90 acres of land for this cement unit for which environmental clearance has been obtained for work on the site. This unit is likely to be operational by December 2025. 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 under process, and work on this project is likely to start shortly.

Through its ongoing investments, Ambuja Cements continues to play a critical role in empowering regions like Bihar, reinforcing its leadership position in the cement industry, and paving the way for future-ready growth across India.