Cement News tagged under: RCCPL

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Birla Corp acquires stake in AMP Solar Clean Power

21 November 2019, Published under Cement News

Birla Corp and RCCPL, its wholly-owned subsidiary, have acquired 26 per cent ownership (7.8 per cent and 18.2 per cent, respectively) of AMP Solar Clean Power. Birla Corp is planning to purchase solar power for its grinding units in Raebareli, Uttar Pradesh, (Raebareli Cement Works and Raebareli Hitech Cement) and RCCPL’s Kundanganj grinding facility. This will be achieved under the group’s captive scheme that stipulates at least a 26 per cent participation in the equity capital of the so...

Birla Corp announces results and starts constructing new facility

07 February 2019, Published under Cement News

India’s Birla Corp Ltd reported a INR270m (US$3.76m) net profit for the third quarter ending 31 December 2018, up from a INR220m net loss of the previous year’s period. The growth was recorded despite an increase in the cost of petcoke and coal. Furthermore, the company’s net sales rose 12 per cent to INR15.57bn in the 3QFY8-19, compared to INR13.88bn of the year-ago period. The company also announced that its RCCPL subsidiary has begun construction of a 3.9Mta greenfield integrated ceme...

RCCPL announces grinding plant expansion

06 November 2018, Published under Cement News

India's Birla Corp has announced that it plans to carry out the second phase of expansion at the grinding plant of its RCCPL subsidiary in Kundanganj, Uttar Pradesh. The project includes the installation of a 1.2Mta third line, increasing total plant capacity to 3.2Mta. The plans are expected to be completed in the FY20-21 at an investment cost of INR2.5bn (US$34.23m).

RCCPL plans Maharashtra captive and WHR power plants

17 September 2018, Published under Cement News

RCCPL, the Birla Corp subsidiary formerly known as Reliance Cement Co, is planning a 40MW captive and a 10.6MW waste heat recovery-based power plant at Mukutban village, Yavatmal in the Indian state of Maharashtra. The power plants will be part of the plant integrated cement plant on land already acquired by the company. The INR24.5bn (US$338m) investment will be paid through a mix of debt and internal accruals. To date environmental clearance has been received for the project, which is a...