Bigbloc Construction has received its board’s approval for Brownfield expansion of 3,00,000 cubic meters per annum at its plant situated at Umargaon in Gujarat. This will make the Umargaon Plant the largest capacity plant at a single location in India at 6,00,000 cubic meters per annum. The company’s board has also approved Greenfield expansion of 3,00,000 cubic meters per annum at Bangalore.
As a result of these expansions, the company’s total AAC Blocks capacity will become 9,00,000 cubic meters per annum. The total Capital Expenditure envisaged is around Rs 100 crore. The Capital Expenditure will be financed through a mix of Debt & Equity.
