Adani Enterprises Plans 5-MTPA Cement Plant in Maharashtra
In order to realise its cement business plans, Adani Group is setting up a 5-MTPA cement plant in Maharashtra with an initial investment of upto ?1,000 crore. Adani Enterprises Limited (AEL), through its wholly-owned subsidiary Adani Cement Industries Limited has identified about 100-acres of land
In order to realise its cement business plans, Adani Group is setting up a 5-MTPA cement plant in Maharashtra with an initial investment of upto ?1,000 crore. Adani Enterprises Limited (AEL), through its wholly-owned subsidiary Adani Cement Industries Limited has identified about 100-acres of land near Shahbaj village, in Alibag taluka of Raigad district near the coastal region of Maharashtra.About 25 acres of land has been acquired so far for the cement project, which will have an initial capacity of 5 Million tonnes per annum with an approximate investment of ?900-1,000 crore.