Mangalam Cement has in-principally approved setting up of a new cement
manufacturing plant with a capacity of 1.5 million tpa at the existing site at
Adityanagar, Morak, in Kota district of Rajasthan. The project is likely to have
a captive thermal power plant of 17.5 MW.
The project estimated to cost Rs 750 crore, is likely to be financed through
internal cash accruals of Rs 300 crore and by way of loan/debt instruments of Rs
450 crore.
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