Ambuja Cement to set up 1500 Crore plant in Nagaur

The Rajasthan State Industrial Development and Investment Corporation (RIICO) and Ambuja Cement Limited (ACL) Tuesday signed a memorandum of understanding (MOU) to set up a Rs.1,500-crore cement plant in Nagaur district of the state. "The project is expected to become operational in 2013 and will have an installed annual production capacity of two million tonnes," said Rajendra Bhanwat, RIICO managing director, who signed the MOU with ACL Advisor Sudhir Dewan.