
Business Update30 Jan 2024, 02:06 am
Nuvoco Vistas Expands Cement Capacity in Haryana Boosting Production in Northern Region
AI Summary
Nuvoco Vistas Corporation Ltd has successfully commissioned a 1.2 MMTPA cement mill at its Haryana cement plant, increasing its overall cement capacity to 25 MMTPA. This expansion will enhance the company's ability to provide a diverse range of unique products to customers in the Northern region. The company has made this expansion with a total investment of Rs.180 crores, debt-funded. This expansion is expected to boost production volumes and enhance the company's ability to provide a diverse range of unique products to customers.,
Key Highlights
- Increased cement capacity to 25 MMTPA
- Expansion in Northern region
- Enhanced ability to provide unique products
- Debt-funded investment of Rs.180 crores