Ambuja Cements’ Board has approved an additional annual clinker capacity of 1.4 million tonnes (taking the total clinker capacity to 3.1 million tonnes), additional cement grinding capacity of 1.8 million tonnes and Captive Power Plan & Waste Heat Recovery System at Marwar Mundwa at an additional estimated cost of Rs 960 crore taking the total investment to Rs 2,350 crore. The projects are proposed to be funded through internal accruals. With this expansion company's total cement capacity will increase to 31.5 million tonnes and this project will allow the company to strengthen its market presence.
Earlier, the company had invested Rs 1,390 crore for the first phase of the Greenfield Clinkerisation Project of annual capacity of 1.71 million tonnes at Marwar Mundwa in the State of Rajasthan.
Ambuja Cements is engaged in manufacturing and marketing of cement and clinker for both domestic and export markets.
Company Name | CMP |
---|---|
Ultratech Cement | 9497.25 |
Ambuja Cement | 581.75 |
ACC | 2360.35 |
Shree Cement | 25597.45 |
Dalmia Bharat | 1726.00 |
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