Ambuja Cements proposes to pump in around Rs 3,500 crore to expand its
capacity to 24 million tpa from the current 19 million tpa by end-2010. The
company plans to fund the expansion through a combination of internal accruals
and debt.
The company also has plans to add grinding capacities in two of its existing
plants.
Ambuja's new clinker unit at Bhatapara (Chhattisgarh) and Rauri (Himachal
Pradesh) and the 1.5 million tpa grinding unit at Dadri (Uttar Pradesh) are
expected to go on-stream shortly.
Meanwhile, the grinding unit of 1.5 million tpa at Nalagarh (Himachal
Pradesh) and a 33 MW power unit at Bhatapara are also expected to be
commissioned over the next few months.