niftify.in

Business Standard

Tamil Nadu-based Ramco Cements ups grinding capacity by nearly one MTPA

Tamil Nadu-based Ramco Cements on Friday said it has increased its cement grinding capacity by nearly one million tonnes per annum (MTPA). The company has carried out debottlenecking of cement grinding capacity at its Kalavatala Plant in Andhra Pradesh, resulting in an increase of capacity from 1.5 MTPA to 2 MTPA. In addition, at its Valapady Grinding Unit, in Salem District, Tamil Nadu, it has carried out debottlenecking of cement grinding capacity leading to increase of capacity from 1.6 MTPA to 2 MTPA. "The company's total cement grinding capacity has increased by 0.9 MTPA, from 23.14 MTPA to 24.04 MTPA with an aggregate investment of Rs 58 crore," according to a regulatory filing by the company. It has received consent to operate from the competent authorities for the increase in capacities. Ramco Cements revenue for the financial year ended on March 31, 2024 was at Rs 9,349.83 crore. The company operates five integrated cement units and six grinding units.

The Economic Times

Ramco Cements increases grinding capacity by nearly one MTPA

Ramco Cements has boosted its cement grinding capacity by nearly one million tonnes per annum. The company increased capacity at its Kalavatala Plant in Andhra Pradesh and Valapady Grinding Unit in Tamil Nadu, bringing total capacity to 24.04 MTPA with an investment of Rs 58 crore. Revenue for the fiscal year ended March 31, 2024, was Rs 9,349.83 crore.

CNBC TV18

Ramco Cements increases grinding capacity in 2 plants with ₹58-crore investment

At the Kalavatala Plant in Nandyal, Andhra Pradesh, capacity was increased from 1.5 million tonnes per annum (MTPA) to 2 MTPA, while the Valapady grinding unit in Salem, Tamil Nadu, saw a hike from 1.6 MTPA to 2 MTPA. Shares of Ramco Cements Ltd ended at ₹837.25, up by ₹8.50, or 1.03%, on the BSE.