Business Update24 Jan 2024, 10:37 pm
Sagar Cements Limited to enhance clinker and cement grinding capacities
AI Summary
The Board of Directors of Sagar Cements Limited has approved a proposal to enhance the clinker manufacturing capacity from 1.65 MTPA to 2.3 MTPA and cement grinding capacity from 1.82 MTPA to 3 MTPA at its subsidiary, M/s.Andhra Cements Limited.,
Key Highlights
- Proposed expansion of clinker and cement grinding capacities
- Investment required: Rs. 470.69 Crores
- Rationale: To optimize cost of production and meet rising demand