India: KCP plans to double capacity at Muktyala plant

India: KCP plans to double capacity at Muktyala plant
15 June 2016


Speaking in an interview on CNBC-TV18, GN Murty, CFO of KCP has set out his company’s plans to expand its Muktyala integrated plant from 1.8Mta to 3.5Mta at a cost of INR4bn (US$60m).

The new unit will come on-stream in 2018, bringing KCP’s capacity up to 4.4Mta. Three quarters of the cost of the new plant will be financed from borrowing, with the balance raised from KCP internally.

Published under Cement News