September 07, 2008

Ambuja Cements setting up more cement and power plants

It is reported that Ambuja Cements Limited is setting up a 2.5 million tonnes per annum cement plant and a 63 MW power plant in Raipur in Chhattisgarh.

Construction work on the cement plant is in progress and is expected to be complete by the end of 2008 while, work on phase I with 15 MW and II with 33 MW of the power plant, is also under way. Phase I is expected to be complete by mid next year while, phase II is scheduled for completion by the end of 2008. Thereafter, it plans to implement phase III with 15 MW of the power project.

Ambuja Cements Limited is also planning to set up a cement plant in Himachal Pradesh and also at other locations with an investment of around INR 1,000 crore.