Ambuja Cements to set up renewable energy unit for Rs 6,000 crore
Adani-promoted Ambuja Cements on Monday announced plans to invest Rs 6,000 crore to set up a 1,000 megawatt (Mw) renewable power unit for captive consumption.
The company said the investment will be funded through internal accruals and be completed by FY26.
“The company has committed a significant investment of Rs 6,000 crore in renewable power projects, targeting a capacity of 1,000 Mw,” the statement said. It added that the investment will encompass solar and wind power projects in Gujarat and Rajasthan.
