Financial Daily from THE HINDU group of publications
Saturday, Jul 17, 2004
Financial Daily from THE HINDU group of publications Saturday, Jul 17, 2004 |
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Corporate
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New Projects Gujarat Ambuja adds 1 mt to capacity Our Bureau
Mumbai , July 16 GUJARAT Ambuja Cements Ltd (GACL) has added one million tonnes of fresh capacity at its facility in Ropar, Punjab, bringing its total production capacity to 14.5 million tonnes. The expansion is aimed at strengthening GACL's presence in the north Indian market, said a news release from the company. The company on Friday commenced operations at a new unit in its fly-ash based cement grinding plant at Ropar which will now produce 2.5 million tonnes of cement every year. The fly-ash, which is a waste product generated by thermal plants will be sourced from the Ropar Thermal Power Plant which will become the first to implement 100 per cent utilisation of fly-ash, said the news release. The Punjab Government and the state electricity board have cooperated in this venture. The initial guarantee by the company to the Punjab State Electricity Board to consume 2.5 lakh tonnes of fly-ash has been far surpassed, said the news release. Once the captive power plant at this unit is operational too, GACL will have invested Rs 200 crore in this expansion; Rs 130 crore having already been invested.
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