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  Basic Information of Project : 23560

Project Id

23560

Title

Birla Corporation To Set Up Greenfield Cement Plant In Maharashtra.

Status

Planning

Details

Birla Corporation Ltd On Saturday Said That Its Wholly Owned Subsidiary Rccpl Has Decided To Set Up A 3.90 Million Tonne Greenfield Integrated Cement Plant At Mukutban In Maharashtra With A 40 Mw Captive Power Plant And A 10.60 Mw Heat Recovery System. The Company In A Bse Filing On Saturday Said That The Rccpl Board Has Approved Setting Up The New Cement Plant, Which Will Take Up Its Capacity From Present 5.58 Million Tonne Per Annum Mtpa To 9.48 Mtpa. The Project Will Entail An Investment Of Rs 2, 450 Crore. The Greenfield Project Will Be Financed By A Mix Of Debt And Internal Accruals. The Move Will Catapult The Mp Birla Groups Cement Production Capacity To 19.5 Mtpa Within Financial Year 2021-22 From 15.5 Mtpa Now. The Company In The Bse Filing Said, It Has Already Acquired Land And Has Mineral Concessions Required For The Project. The Proposed Plant Has Already Recieved Environment Clearance. The Company Is Also Expected To Get Fiscal Incentive From The Maharashtra Government Since Maharashtra Is A Cement Deficit State. The City-Headquartered Company Had, In August 2016, Acquired Cement Business Of Reliance Infrastructures Rinfra Cement Arm Reliance Cement Company Private Limited Rccpl For An Enterprise Value Of Rs 4800 Cro

Location

Yavatmal - Maharashtra

  Project Value

Rs 2450 Crore

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