Investment22 Jul 2025, 02:16 am
Sagar Cements to Expand Grinding Capacity and Implement Solar Power Plant
AI Summary
Sagar Cements Ltd. has announced plans to enhance the grinding capacity of its manufacturing facility at Jeerabad, Madhya Pradesh from 1.00 MTPA to 1.5 MTPA. The expansion is expected to cost around Rs.120 Crores, which will be funded through internal accruals and debt. Additionally, the company has approved the implementation of a 6 MW solar power plant at the same facility, which will cost approximately Rs.20.50 Crores, also to be funded through internal accruals and debt. The company believes these initiatives will contribute to its sustainability efforts and operational efficiency.
Key Highlights
- Sagar Cements to expand grinding capacity by 50% at its Jeerabad facility
- The expansion will cost around Rs.120 Crores
- The company will also implement a 6 MW solar power plant at the same facility
- The solar power plant will cost approximately Rs.20.50 Crores
- Both initiatives will be funded through internal accruals and debt