Shiva Cement has received an approval for an Interim Business Plan for capacity expansion of up to 0.2 million tonne per annum (MTPA) as proposed by the Project Management Committee. The board of directors at its meeting held on August 12, 2014 has approved for the same.
Besides, the Project Management Committee (PMC) has been authorized to take decisions for Leasing, sale, disposal, or to deal with the idle fixed assets in the best interest of the company.
Shiva Cement is engaged in manufacturing of cement and allied products. Its plants are located at Kalunga and Sundargarh in Orissa. The company has a combined installed capacity of 177,000 tonnes per annum.
