Adani group companies ACC and Ambuja Cements will resume operations at two plants in Himachal Pradesh after resolving freight issues in the state.
The companies had stopped operations in Himachal Pradesh in December after failing to find a solution to soaring transportation costs.
“All the stakeholders have come together and amicably resolved the ongoing discussions on the freight rates in Himachal Pradesh. In line with our commitments, both ACC and Ambuja Cements will resume operations effective tomorrow (Tuesday) at the Gagal and Darlaghat plants,” Adani Cement, which holds operational control of both listed companies, said on Monday.
The new freight rates finalised with