India: Sagar Cement reviews expansion plans

India: Sagar Cement reviews expansion plans
13 October 2016

Sagar Cement is reportedly convening a meeting of its Board of Directors on 19 October. The meeting will address proposals for setting up a coal-based power plant at the company’s unit in Mattampally, Nalgonda district, and the capacity expansion of the grinding unit in Bayyavaram, Visakhapatnam district. The capacities for the two plants in question were not disclosed in the company’s statement.

The company’s 2015-16 annual report states that Sagar plans to acquire a 181,500tpa grinding unit at Bayyavaram and expand its capacity to 0.3Mta at a cost of INR0.67m (US$10,000). It refers to setting up a 6MW waste heat recovery plant at its Mattampally unit at a cost of INR652.3m (US$9.7m), to be completed by October 2017.

Sagar Cement operates a total cement capacity of 2.35Mta and 2Mta of clinker.

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