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Adani Group to enter cement sector

 Adani Group is planning to set up a 5 mmtpa cement plant in Mundra. Some major power projects (Adani’s own 4800 MW & Tata Ultra Mega power project) in the area is expected to generate around 4 mmtpa of fly-ash which can used to set up fly-ash based cement. According to source, the capacity of the plant can be ramped up depends on the availability of fly-ash. The company is talks with GMDC and Ashapura Minechem to procure raw materials.

 

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