Chennai-based Ramco Cements has received Environment Clearance for expansion of its captive power plant at Alathiyur in Tamil Nadu at a cost of about Rs 21.42 crore. The company has proposed augmenting of the power generation capacity of the Captive Power Plant (CPP) at Alathiyur by adding 6 MW turbines based on air-cooled condensers, taking the total power generation to 42 MW.
The clearance has been given to the project subject to certain conditions. The company will use imported coal from Indonesia in CPP. The coal supply agreement was made in July 2014 with Devendral Coal International for the uninterrupted imported coal supply.
Ramco Cements formally known as Madras Cements (MCL) was established in 1957, is part of Ramco Group, a well known business group of South India. It is based at Chennai. Ramco Supergrade is the most popular cement brand in South India.
