Ambuja Cements in a regulatory filing to BSE has informed that the Board of Directors has approved an additional annual clinker capacity of 1.4 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 crores.
Earlier, the company has announced an initial investment of Rs 1 ,390 crore for the first phase of the Greenfield Clinkerisation Project of annual capacity of 1.71 million tonnes at Marwar Mundwa, Rajasthan. With the addition of Rs.960 crores, the company’s Marwar Mundwa expansion will now cost Rs.2,350 crores and the total clinker capacity will increase to 3.1 million tonnes.
The expansion will be funded through internal accruals. When completed, the company's total cement capacity will increase to 31 .5 million tonnes.
@EPC World Media
