Board of Ambuja Cements in-principle OKs capex of Rs 3500 cr

The Board of Ambuja Cements at its meeting held on 17 February 2022 has in-principle approved an investment of Rs 3500 crore for a cement grinding expansion plan of potential 7.0 million tons across the company's existing grinding units at Sankrail and Farakka and at a greenfield location at Barh, in Bihar, supported by a 3.2 million tons brownfield clinker expansion at its existing integrated plant in Bhatapara, Chhattisgarh.

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