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Corporate - New Projects


Dalmia Cement to expand capacity

Our Bureau

Chennai , March 3

DALMIA Cement (Bharat) Ltd plans to expand capacity at its Dalmiapuram plant in Tamil Nadu by about 1.6 million tonnes a year at a cost of Rs 365 crore, according to information provided by the company to the stock exchanges.

Company officials told Business Line that with the expansion, the total capacity would go up to 3.5 million tonnes. Along with the capacity expansion, which was expected to take 18-22 months from now, Dalmia Cement was also putting up a 29 MW captive thermal power plant. The total capital expenditure for both the capacity expansion and the captive power plant would be about Rs 500 crore.

The officials said this would be met through a mix of internal accruals, debt and external commercial borrowings.

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