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ACC to spend Rs600 crore as capex in 2016

ACC Limited

7170   Planning 600 Crore

Project Information

Organization Name
ACC Limited
Project Title
ACC to spend Rs600 crore as capex in 2016
Project Detail
Cement maker ACC Ltd will spend about Rs.600 crore in 2016-17 to complete its cement capacity expansion plans. “The planned capital expenditure for 2016 is about Rs.600 crore to be used to complete the expansion plans at Jamul (in Chattisgarh) and Sindri (in Jharkhand),” Harish Badami, chief executive officer and managing director for ACC said at the company’s annual general meeting (AGM) on Wednesday. ACC is building two cement units at Jamul and Sindri with a combined capacity of 2.4 million tonne. The plants once complete is likely to take the company’s total capacity to 33.42 million tonne. “These plants will go on stream in the next few months,” Badami said while talking on the sidelines of the AGM. The company has no plans to add fresh capacity
Project Value
600 Crore
Project Status
Planning
Location
Multi Location
Project State
Multi State
Country
India
Sector
Building Products

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