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Shree Cement gets nod to set up integrated cement plant in Andhra Pradesh

20 Jun 2022 Evaluate

Shree Cement’s Board of Directors has approved setting up of an Integrated Cement Plant at Village Dachepalli, Tehsil Pedagarlapadu in Guntur District of Andhra Pradesh. The investment required for the plant is approximately Rs 2500 crore. The existing cement capacity of the Company is 46.40 million ton per annum (MTPA). During the year 2021-22, the utilization rate was 64%.

Shree Cement is a rapidly growing Company focused on its core business of Cement & Power. Currently, its manufacturing operations are spread over North and Eastern India across six states.

Peers
Company Name CMP
Ultratech Cement 11020.00
Ambuja Cements 374.90
ACC 1213.30
Shree Cement 22155.20
Dalmia Bharat 1651.40
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