India Cements is planning to invest Rs 75 crore in its Shankar Nagar facility in Tamil Nadu.
The investment will be made by the company mainly to improve product quality and energy efficiency measures. The company will commence work once it obtains environment clearance from the Ministry of Environment & Forests (MoEF).
The work includes replacing old cement mills to improve the quality of cement and reduce power consumption. India Cements will take 15 months to commission the proposed work.
It has seven integrated cement plants located in Tamil Nadu and Andhra Pradesh; one in Rajasthan through its subsidiary Trinetra Cement with a capacity of 1.5 million tpa; and two grinding units each in Tamil Nadu and Maharashtra.