StockWatch
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Castings & Forgings
Expansion2 Nov 2026, 05:11 pm

Nelcast Ltd Expands Ponneri Plant Capacity to 60,000 TPA

AI Summary

Nelcast Ltd announced a significant capacity enhancement initiative at its Ponneri Plant. The existing installed capacity of 40,000 tonnes per annum (TPA) will be increased to 60,000 TPA with the installation of an additional furnace. The company is awaiting enhanced sanctioned power supply for commissioning. Upon completion, expected by January 2027, the expanded capacity will boost production. The project is funded through the company's regular capital expenditure program.

Key Highlights

  • Capacity at Ponneri Plant to increase from 40,000 TPA to 60,000 TPA.
  • Additional furnace installed; awaiting power supply enhancement.
  • Enhanced capacity expected to be operational by January 2027.
  • Project funded via regular capital expenditure.