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Dalmia to commission Karnataka cement plant in 2014

Saturday, 19 Oct 2013
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Dalmia Cement (Bharat), is planning to commission its cement plant in Belgaum district of Karnataka by March 2014.

 

The company is investing Rs 1,300 crore in the cement plant which has 2.5 million tpa capacity. Of the total investment, around Rs 800 crore will be funded through debt, and the remaining from internal accruals. The project will cater to the demand arising out of Maharashtra.

 

Once the project gets commissioned, the company's total capacity will increase to 11.5 million tpa, from the current nine million tpa.

 

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