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Ramco Cements unveils Rs 1403 Crore Capacity Expansion Plan for AP and TN facilities
Building Materials - Feb 09,2024 -The Ramco Cements Ltd has set ambitious plans for expansion, aiming to double the capacity at its Kalavatala integrated cement manufacturing complex in Andhra Pradesh.
The proposed investment stands at Rs 1250 crore for this expansion alone. Additionally, the company plans to enhance its environmental sustainability efforts by investing Rs 153 crore in setting up a waste heat recovery system (WHRS) of 10 MW capacity at its Ramasamy Raja Nagar Plant in Tamil Nadu.
This expansion initiative includes the setup of a second line to double the clinker capacity to 6.3 MTPA and cement capacity to 3 MTPA, alongside an additional waste heat recovery system (WHRS) capacity of 15 MW.
The company stated, "Considering the successful operation of Line I and demand potential, it has been proposed to establish Line II." The total outlay for this expansion, pegged at ₹1200 crore, will be financed through a mix of internal accruals and bank borrowings. The timeline for commissioning this expansion is set for FY26. Once completed, the company's aggregate installed capacity is projected to reach 19 MTPA for clinker and 26 MTPA for cement by FY26."
Simultaneously, the company plans to set up a 10 MW WHRS plant at the Ramasamy Raja Nagar factory complex in Tamil Nadu, with a target completion date of March 2025, subject to necessary permissions.
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