Reliance Infrastructure is to commission its 5Mta cement plant in the central Indian state of Madhya Pradesh by the end of this month which will expand the company’s domestic reach.
Reliance Infrastructure, whose main interests are the power distribution and infrastructure development businesses, set up its Reliance Cement subsidiary which would use the fly ash generated from its power unit to manufacture cement.
"We are delighted to add the cement business to our portfolio of high growth infrastructure businesses, serving the long term needs of our country. Reliance Cement will add the manufacturing mix to our existing range of annuity infrastructure businesses across power, roads and metro rail systems," said Reliance Infrastructure chairman Anil Ambani.
The Madhya Pradesh also includes a 10MW of waste heat power generation.
Reliance currently operates a 0.5Mta unit at its Butibori power plant in Maharashtra where it has already started selling its products. It now plans to expand its presence in the central, eastern and northern markets of India from the new manufacturing base in Madhya Pradesh.