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NCL to set up 30-MW captive power plant at Mattapalli unit

03 Jul 2012 Evaluate

Cement manufacturer NCL Industries is planning to invest Rs 150 crore for setting up a 30-MW captive power plant at its Mattapalli cement manufacturing unit in Nalgonda district of Andhra Pradesh. It aims to guarantee a regular power supply for cement manufacturing activity as power supply had become very uncertain in the State.

In addition, the Hyderabad-based company hopes to sell the surplus power that will add to its revenue. Its total power-requirement is around 23 MW. About Rs 100 crore would be mobilised through debt and balance from internal accruals.  

The company sells cement under ‘Nagarjuna’ brand in Andhra Pradesh, Karnataka, Tamil Nadu, Kerala, Maharashtra and Orissa.

NCL Industries Share Price

179.00 0.00 (0.00%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11887.30
Ambuja Cement 458.95
ACC 1431.85
Shree Cement 25301.95
Dalmia Bharat 1972.55
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