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Shiva Cement receives MoEF nod for expanding the cement plant capacity

06 Jun 2011 Evaluate

Shiva Cement has received environment clearance from Ministry of Forest & Environment (MoEF), Govt. of India for expanding its cement plant capacity at Kutra (Sundergarh) from 0.132 MTPA to 1.05 MTPA. The company for this earlier inked Memorandum of Understanding (MoU) with the state industries department of Orissa Government. Further, the company is also looking to raise capacity of the split grinding unit near Jajpur from 1 mtpa in Phase-I to 2.6 mtpa.

The company's dispatch of cement and clinker during the period FY 2011 registered a growth of 7.2% in comparison to FY 2010. However, the total cement and clinker dispatch during the quarter January-March, 2011 was up by 1.4% in comparison to the same quarter of the previous year.

Peers
Company Name CMP
Ultratech Cement 10750.00
Ambuja Cements 382.10
ACC 1223.40
Shree Cement 21956.00
Dalmia Bharat 1687.95
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