Anjani Portland Cement plans to expand capacity
India’s Anjani Portland Cement has approved plans to construct an additional clinker production unit at its plant in Suryapet, Telangana. The project will see an investment of INR4bn (US$61.49bn) to expand the facility’s capacity from 1.16Mta to 2.31Mta, according to India Infoline.
The expansion is expected to be completed by December 2019, and will be funded through either internal accruals, inter-corporate deposits or bank loans.
