Madras Cements plans expansion
Madras Cements Ltd said on Monday its board approved setting up a new 2Mta cement plant at a cost of 6.13 billion rupees. The new plant is to be located in Tamil Nadu. The company also plans to set up an additional clinkering facility at its plant in Andhra Pradesh at a cost of 4.39 billion rupees, it said in statement. Both the projects are slated to become operational in 2007/08.
Published under Cement News
