UltraTech to expand capacity by March 2016

UltraTech to expand capacity by March 2016

Aditya Birla Group flagship UltraTech Cement is poised to take its capacity to 71.2 mtpa by March 31 next year on the back of ongoing projects as well as recent acquisitions, Chairman Kumar Mangalam Birla said. He said UltraTech´s directors have approved the acquisition of the cement units of Jaiprakash Associates Limited, situated at Bela and Sidhi in Madhya Pradesh.

´With this an additional 4.9 mtpa capacity and thermal power generation capacity of 180 MW will be added,´

he said.Acquisition of the Gujarat units of Jaypee Cement has been completed and the acquired facilities comprise an integrated unit at Sewagram and a grinding unit at Wanakbori.

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