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News Ambuja Cements to build US$168m cement facility in Telangana

Ambuja Cements to build US$168m cement facility in Telangana

Written by Global Cement staff 17 January 2024
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India: Ambuja Cements has signed a memorandum of understanding (MoU) with the government of Telangana for the construction of a new cement facility in the state. The News Minute has reported that the producer plans to invest US$168m in the project. The MoU is part of an agreement between parent company Adani Group and the state of Telangana covering investments worth US$1.49bn. Other projects include an MoU with Adani Group’s renewables subsidiary Adani Green Energy for the construction of a total of 1350MW of energy storage capacity.

Last modified on 17 January 2024
Published in Global Cement News
Tagged under
  • Ambuja Cements
  • Adani Group
  • India
  • Plant
  • Investment
  • Memorandum of Understanding
  • Telangana
  • Government
  • Energy
  • Adani Green Energy
  • Sustainability
  • renewable energy
  • GCW642
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