Ultratech Cement, an Aditya Birla group company, is planning to set up two new cement plants at Tuni in Dehradun district and at Someshwar in Almora district of Uttarakhand.
The company plans to invest Rs 5,000 crore in a phased manner for the proposed project. The cement unit at Tuni will have a capacity of producing 3.5 million tpa of cement, while the one at Someshwar will produce two million tpa.
Once the company fulfils the formalities that follow issuance of the letter of intent, it will sign an MoU with the state government for the projects. Ultratech Cement has been asked to complete all the environmental clearances for setting up the two cement plants in the environmentally-sensitive zones.