Ambuja Cements, during its exchange filing, on Monday, December 18, announced an estimated investment of INR 6,000 Crore in renewable power projects. The Adani Group subsidiary aims to complete these projects by the end of FY26.
The company aims to generate a target capacity of approximately 1000 MW (Megawatts) through solar and wind power projects in Gujarat and Rajasthan. These projects include – a 600 MW solar power, a 150 MW wind power project in Gujarat, and a 250 MW solar power project in Rajasthan.
Also Read: Top Power Companies In India
These projects are envisioned to increase Ambuja Cement’s existing capacity to 84 MW and the total green capacity from 19% to 60%. Additionally, the company acquired a majority stake in Sanghi Industries for INR 5,185 Crore.
Biltrax Construction Data is tracking 28,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights and gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.
1
