Sanghi Cement has received environmental clearance for its capacity expansion project at Abdasa, Kutch district, India.
The cement producer is currently boosting cement capacity from 4Mta to 8.6Mta and lifting its clinker capacity from 3.5Mta to 7.5Mta. The INR13bn (US$193.7m) investment also includes the establishment of a grinding facility at Surat.
"We raised finance for the project sometime back and one of the fund raising conditions was that the company would have get environment clearance for the project. With the receipt of the green nod, we can now start full-fledged work at the site," said Alok Sanghi, director, Sanghi Industries Ltd.
The project is expected to take two years with the plant expected to enter service in 2020.
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