Tamil Nadu Cements inaugurates expansion project

India’s Tamil Nadu Cements Corp Ltd, owned by the government of the state, has expanded the capacity of its Ariyalur complex at an investment of INR8.09bn (US$114.4m). The project has seen the construction of a new 1Mta plant on the same site as its existing 0.5Mta unit, therefore taking the company’s total capacity to 1.7Mta.

It supplied 74 per cent of its production to government departments in FY19, according to a government document, including 488t of OPC and 406,792t of PPC. The prevailing market rates of OPC and PPC are INR405 and INR395 per bag, respectively. However, TANCEM reportedly supplied them to government departments at INR298 and INR285 per bag, respectively.