UltraTech Cement has placed most of the equipment orders and has seen the start of civil work at the sites of its capacity expansion projects, according to a company update.
Earlier the company had approved capacity expansion plans of 19.5Mta through a mix of brownfield and greenfield expansion, covering five integrated cement plants and 12 grinding units. The additional capacity is being created in the fast-growing markets of the east, central and north regions of the country.
Commercial production from these capacities is expected to go on-stream in a phased manner, during FY22 and FY23.
Upon completion of the latest round of expansion, the company’s capacity will grow to 136.25Mta, reinforcing its position as the third-largest cement company in the world, outside of China.
Published under Cement News