JK Cement may set up 3 MTPA unit in K'taka by '09

 Yadupati Singhania, managing director and CEO of the company, said a group company has already acquired the lease rights for limestone mines near Belgaum in Karnataka.

JK Cement's current grey cement capacity is 3.55 million tonne per annum, which is spread over two plants in Rajasthan. The company is planning to increase the current capacity to four million tonne per annum by raising funds from a public issue.

The company is planning to install a 20 MW petcoke-based captive power plant, and generate another 13.2 MW through a waste heat recovery power plant.