July 25, 2008

Ambuja Cement keen on port terminals

BL reported that Ambuja Cements is keen on setting up port terminals and has bid for a port terminal at Karwar in Karnataka.

Each port terminal to be built by Ambuja Cements will have a capacity of over 0.5 million tonnes per annum. Also its port terminal at Cochin Port will be ready and operational by December 2008, with an investment of INR 85 crore.

Ambuja Cements already has 3 terminals at Panvel, Surat and Mul Dwarka ports.