• Source:JND
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Nawada, Bihar:  One of the largest conglomerates in the country, Adani Group, announced an investment of Rs 1,600 crore in Bihar on Saturday. This came as the foundation stone laying ceremony was held in Nawada's Warisaliganj for a factory of Adani Group subsidiary and cement giant Ambuja Cements. The project, the first venture of Ambuja in the state, will see an investment of Rs 1,600 crore for Warisaliganj Cement Grinding Unit, a standalone facility with an overall capacity of 6 MTPA.

Chief Minister Nitish Kumar, who was present at the stone-laying ceremony, hailed the Adani Group investment as a testament to Bihar’s growth potential. One of the directors of Adani Enterprises, Pranav Adani expressed gratitude to the Bihar government for the support the company received for the project.

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"This investment by the Adani Group is a testament to Bihar’s growth potential and our commitment to fostering sustainable development for the people of Bihar," CM Nitish said after laying the foundation stone with senior company management. The ceremony was hosted by the Bihar Industrial Area Development Authority (BIADA).

According to a release, the project will be implemented in three phases with the first phase of 2.4 MTPA at an investment of Rs. 1,100 crore targeted to be commissioned by December 2025.

"Privileged to be present for the foundation laying ceremony of the Cement Grinding Unit in Warisaliganj alongside Hon'ble CM Shri @NitishKumar. We are grateful for the support received from the Government in Bihar for making this strategic investment of ₹1,600 crore possible in alignment with the state's development plans," Adani Enterprises Director Pranav Adani wrote in an X post.

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"We are excited to announce a landmark 1,600 crore investment in Bihar to set up a 6 MTPA Cement Grinding Unit in Warisaliganj, creating significant job opportunities & contributing to the local economy. Adani Cement is well-positioned to support sustainable infrastructure development in Bihar and across," said Karan Adani.

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