Ambuja Cements purchases Orient Cement for ?8,100 crore.
Acquiring the C K Birla-owned company will help Ambuja in achieving targeted capacity of 100 mn t.
The facility will utilise approximately 1 MnTPA of blast furnace slag
The project follows a £1.25 billion joint investment from Tata Steel and UK government.
The acquisition of OCL complements Ambuja's existing cement footprint.