Prism Johnson expansion of cement production in MP & WB
Proposed capacity addition for cement is 1 mtpa of grinding capacity. The Board of Directors of Prism Johnson have considered, subject to requisite approvals, expansion of cement production capacity at Satna, Madhya Pradesh.
The existing capacity of cement is 5.6 million tonnes per annum and existing capacity utilisation is 100.2 per cent as average of the last three years.
Investment for the aforesaid expansion is expected to be Rs 250cr. Existing capacity for Tile production in standalone entity and joint venture entities is 60 million square meters, and proposed capacity addition for Tile production capacity in joint venture entities – 6.0 million square meters and Tile production capacity at Panhagarh, West Bengal in the standalone entity – 2.5 million sq m.
Investment required for tile production capacity in joint venture entities – around Rs 70cr and tile production capacity at Panhagarh, West Bengal in the standalone entity – around Rs 55 crore.