UltraTech's capacity to rise
This expansion envisages a capital outlay of around 2,000 crore to be funded through a mix of internal accrual and borrowings. The additional facility is expected to be commissioned by March, 2015. The company has initiated projects across many of its locations and many of these projects have been commissioned such as clinkerisation plant of 3.30 mtpa at Rawan, Chhattisgarh, grinding unit of 1.55 mtpa. at Hotgi, Maharashtra, increase in cement grinding capacity by 0.60 mtpa at its plant in Gujarat, bulk terminal at Cochin, and wall care putty plant at Katni, Madhya Pradesh.
With the commissioning of these projects, the cement capacity of the company has increased from 48.75 mtpa to 50.90 mtpa. The clinkerisation plant of 3.30 mn.mt in Karnataka is expected to go on stream in Q1FY14.