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Indian Cements' plans $200 million cement plant

Thursday, 29 Dec 2005
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India Cements' won the contract for setting up Chopal cement plant in Himachal Pradesh with an investment of $200 million. The proposed project will have a capacity of 2 million tpa.

The Chopal cement plant will exploit the limestone rich deposits of Gumma-Rohana region in Shimla district and experts estimate the mountainous region has around 200 million tpa of limestone reserves.

Nine Indian companies had bid for the project which included:

  • Gujarat Ambuja
  • ACC
  • India Cement
  • Grasim
  • Madras Cements
  • JK Cement
  • Penna Cement
  • Shree Cement

An MoU for the project is to be signed soon with India Cements and the plant will be set up in five years

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