Ambuja, ACC cement operations shut down at Darlaghat, Gagal
Cement

Ambuja, ACC cement operations shut down at Darlaghat, Gagal

Due to huge financial losses caused by poor cement dispatch from the twin plants of ACC at Gagal and Ambuja Cements at Darlaghat, the management has decided to close their operations as of tomorrow. The Adani group recently took over the two plants. According to a notice issued today, the management stated that due to rising operational costs, including transportation and raw material costs, as well as current market conditions, cement transportation has been drastically reduced. This has resulted in poor cement dispatch, reducing the company's market share. The company was suffering from massive financial losses.

Given these circumstances, management has been forced to immediately halt operations at its two plants and all related activities. All employees have been instructed not to report to work until further instructions are issued later this evening.
Hundreds of people work in the two plants.

Also read:
Invenire Energy to invest $500 mn in Andhra CBM block
Sweden likely to invest 150,000 million in UP

Due to huge financial losses caused by poor cement dispatch from the twin plants of ACC at Gagal and Ambuja Cements at Darlaghat, the management has decided to close their operations as of tomorrow. The Adani group recently took over the two plants. According to a notice issued today, the management stated that due to rising operational costs, including transportation and raw material costs, as well as current market conditions, cement transportation has been drastically reduced. This has resulted in poor cement dispatch, reducing the company's market share. The company was suffering from massive financial losses. Given these circumstances, management has been forced to immediately halt operations at its two plants and all related activities. All employees have been instructed not to report to work until further instructions are issued later this evening. Hundreds of people work in the two plants. Also read: Invenire Energy to invest $500 mn in Andhra CBM block Sweden likely to invest 150,000 million in UP

Next Story
Infrastructure Urban

Sindi Multimodal Logistics to Begin Operations In 2025

The Sindi Multimodal Logistics Park is expected to commence operations in the upcoming year, potentially beginning with exports to Bangladesh via a riverine route. DeltaCorp, the developer that signed a concessionaire agreement with Maharashtra Multimodal Logistics Park Limited (MMLPM), has reportedly sought permission to initiate operations using the existing infrastructure, allowing it to start ahead of the scheduled commercial operation date. Sources indicate that the dry port, commonly referred to as the Sindi dry port, is likely to begin by exporting goods such as cotton, automobile part..

Next Story
Infrastructure Urban

Amaravati Project Back on Track with Renewed Momentum

The Amaravati Project, envisioned as the growth centre of Andhra Pradesh, is witnessing a revival after a five-year hiatus. Following the victory of the NDA alliance in the 2024 general elections and the return of N. Chandrababu Naidu as Chief Minister, the project has gained renewed vigor, marking a dramatic turnaround for the state’s capital development. Originally launched with great enthusiasm in October 2015, with Prime Minister Narendra Modi laying its foundation, Amaravati’s progress came to a halt during the tenure of the YSR Congress Party (YSRCP) government. Former Chief Ministe..

Next Story
Infrastructure Transport

Site Identified for Proposed Mega Rail Terminal near Bengaluru

The proposed mega coaching terminal near Devanahalli, on the outskirts of Bengaluru, is progressing as South Western Railway (SWR) officials move forward with plans to commission a feasibility study. This terminal, part of a nationwide Railway Board initiative, aims to accommodate growing passenger traffic and offer extensive maintenance facilities. The SWR has identified a site for the terminal in the villages of Bullahalli and KG Gururayanahosuru, near Venkatagiri Kote Halt station. Strategically located, the site lies close to National Highway 44 (Bengaluru-Hyderabad Road), 7 km from the S..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000