Sanghi Industries has decided to expand its capacity from 4.1 MMTPA to 8.1 MMTPA. The expansion plan will primarily consist of brownfield expansion of 3.3 MTPA Clinker Capacity and 2 MMTPA Cement Capacity within the premises of existing plant at Sanghipuram, Gujarat and Satellite grinding unit of 2 MMTPA cement capacity.
Besides, the expansion will include 65 MW Thermal Power Plant unit adjacent to existing captive thermal power plant at Sanghipuram, Gujarat. The estimated cost of the expansion plan will be around Rs 1,250 crore, out of which around Rs 800 crore will be funded from borrowings. The company has received sanctions from banks and financial institutions for the same.
Sanghi Industries is the flagship company of the Ravi Sanghi Group dealing in the production and distribution of Cement under the Brand Name ‘Sanghi Cement'.
Company Name | CMP |
---|---|
Ultratech Cement | 9966.75 |
ACC | 2531.30 |
Shree Cement | 24394.00 |
Ambuja Cement | 619.70 |
Dalmia Bharat | 1831.00 |
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