Concrete

Adani Group to invest 75k cr in MP

Published

1 year ago

March 20, 2024

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The Adani Group will invest Rs.75,000 crore in Madhya Pradesh across various sectors such as cement, roads, energy and natural resources, a move that would generate more than 15,000 jobs. The group has been on an investment spree across various states in the country, mostly to develop infrastructure across sectors, cited news reports.
The group will invest close to Rs.30,000 crore, its biggest in the state, to ramp up its power generation capacity at the Mahan Energen plant in Singrauli. The capacity would be hiked to 4,400 megawatts (MW) from the present 1,200 MW. Further, it will also invest close to Rs.28,000 crore to set up 3,410 MW capacity of pumped storage projects.
AEL, the flagship firm of Adani Group, has presence in power, energy and logistics, with operations in India and 11 countries. A Rs.5,000-crore investment is earmarked to set up a 4-million tonne per annum (MTPA) clinker unit in Chorgadi and two cement grinding units, in Dewas and Bhopal, with a combined capacity of 8 MTPA. Another Rs.5,000 crore would be invested to build the Mahakaal Expressway from Ujjain to Bhopal, through Indore, Adani, who was speaking at the Madhya Pradesh Regional Industry Conclave in Ujjain, said.

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UltraTech Cement boosts capacity with new clinker line

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13 hours ago

April 21, 2025

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UltraTech Cement has commissioned a 3.35 million tonnes per annum (Mt/yr) brownfield clinker line and one of two 2.7Mt/yr cement grinding mills at its Maihar facility in Madhya Pradesh. The second mill is expected to be operational in Q1 of FY2026. The company has also expanded its Dhule (1.2Mt/yr) and Durgapur (0.6Mt/yr) grinding units and inaugurated its first bulk terminal in Lucknow with a 1.8Mt/yr handling capacity.

Concrete

Ambuja Cements gets a new CEO

Published

13 hours ago

April 21, 2025

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Ambuja Cements has named Vinod Bahety as its CEO for a three-year term, following Ajay Kapur’s elevation to Managing Director. Bahety, formerly the company’s CFO, brings over 25 years of experience in finance and manufacturing, including a previous role as Group Head of M&A at Adani Group. Other key appointments include Rakesh Tiwary as CFO, Madhavi Isanaka as Chief Digital Officer, Vaibhav Dixit as Manufacturing Head, and Ashwin Raikundaliya as Chief Sustainability Officer.

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Concrete

‘Sabse Khaas Pehelwan’ by Nuvoco

Published

13 hours ago

April 21, 2025

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Nuvoco Vistas Corp has introduced Nuvoco Duraguard Cement ‘Sabse Khaas Pehelwan’, a one-of-a-kind wrestling championship aimed at honouring and nurturing Haryana’s proud wrestling legacy. The initiative offers budding wrestlers an opportunity to compete at a professional level, gain visibility and represent their districts in a prestigious state-wide competition. ‘Seedhi Baat Hai, Duraguard Khaas Hai’ is aligned with Nuvoco’s brand philosophy.