Published On:February 7 2012
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Chettinad Cements to commission its Gulbarga project
The company has firm plans to expand its 11.50 mtpa production capacity by about 15 million tonnes with 7.5 mtpa each in Karnataka and in Andhra Pradesh, where it plans to launch its operations with an acquisition of a 1.5 mtpa unit, apart from a Greenfield cement plant.
In Andhra Pradesh, it has substantial limestone reserves following the merger of Allied Minerals and Metals, a private unlisted company in 2010. It has acquired 650 acres in Guntur District where it plans to set up an integrated cement unit with an annual production capacity of 3.5 mtpa and a 100-MW captive plant. A 2 mtpa grinding unit will be established in Visakhapatnam.
These expansions will happen by 2015.