Orient Cement & Adani Power Maharashtra terminate MoU
POWER & RENEWABLE ENERGY

Orient Cement & Adani Power Maharashtra terminate MoU

On Wednesday, Orient Cement announced the termination of the non-binding Memorandum of Understanding (MoU) it had signed with Adani Power Maharashtra (APML).

With the intention of studying the feasibility of developing a cement grinding unit (CGU) in Tiroda, Maharashtra, Orient Cement and APML engaged into a non-binding Memorandum of Understanding (MoU) in September 2021.

The cement manufacturer stated in an exchange filing that APML has asked the company to forego moving forward with this project because they are unable to secure the necessary Maharashtra Industrial Development Corporation (MIDC) clearances for subleasing the parcel of land needed for the CGU due to some legal issues. Likewise, the timelines set forth in the Memorandum of Understanding have passed.

By accepting APML's viewpoint, according to Orient Cement, the aforementioned non-binding Agreement is no longer in effect.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

On Wednesday, Orient Cement announced the termination of the non-binding Memorandum of Understanding (MoU) it had signed with Adani Power Maharashtra (APML). With the intention of studying the feasibility of developing a cement grinding unit (CGU) in Tiroda, Maharashtra, Orient Cement and APML engaged into a non-binding Memorandum of Understanding (MoU) in September 2021. The cement manufacturer stated in an exchange filing that APML has asked the company to forego moving forward with this project because they are unable to secure the necessary Maharashtra Industrial Development Corporation (MIDC) clearances for subleasing the parcel of land needed for the CGU due to some legal issues. Likewise, the timelines set forth in the Memorandum of Understanding have passed. By accepting APML's viewpoint, according to Orient Cement, the aforementioned non-binding Agreement is no longer in effect.

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

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