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UltraTech Cement gets nod for Rs 12,886 crore investment towards 22.6 MTPA capacity expansion

03 Jun 2022 Evaluate

UltraTech Cement has received approval for capex of Rs 12,886 crore towards increasing capacity by 22.6 mtpa with a mix of brown field and green field expansion. This would be achieved by setting-up integrated and grinding units as well as bulk terminals. The additional capacity will be created across the country.

Commercial production from these new capacities is expected to go on stream in a phased manner, by FY25. The company’s current expansion program is on track and estimated to be completed by the end of FY23. Upon completion of the latest round of expansion, the company's capacity will grow to 159.25 mtpa, reinforcing its position as the third largest cement company in the world, outside of China.

UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India.

Peers
Company Name CMP
Ultratech Cement 11100.00
Ambuja Cements 384.75
ACC 1236.65
Shree Cement 22342.90
Dalmia Bharat 1698.10
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