At meeting held on 12 December 2018
The Board of ACC at its meeting held on 12 December 2018 has transacted the following -Granted its approval for setting up a Greenfield Integrated Cement Plant at Ametha. District Katnl, Madhya Pradesh (Clunker capacity of 3 MTPA and Cement capacity of 1 MTPA) along with expansion of the existing grinding unit in Tikaria, Uttar Pradesh (Cement capacity of 1.6 MTPA) and a third grinding unit also in Uttar Pradesh (cement capacity 2.2 MTPA).
Approved the setting up of 1.1 MTPA Cement Grinding Facility at the existing location at Sindri, Jharkhand.
The above projects are estimated to cost approximately Rs.3000 Crore, which is proposed to be funded through internal accruals. The Company has an existing capacity of 33.41 MTPA. In 2017 the utilization rate was 79%. The above Projects are proposed to be completed within a period of three years
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