Reach us: 7304553123 / mktg@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Vertex Cements to set up new unit

Monday, 03 Feb 2014
Share this on :

Vertex Cements plans to set up a cement unit at Gangavaram, Gurazala tehsil in Guntur district of Andhra Pradesh.

 

A spokesperson for the company informed ProjectsToday (PT) that it intended to set up a cement unit with a capacity of 2.64 million tpa in Andhra Pradesh. The project also includes setting up a 25 MW coal-based power unit and a 10 MW waste heat recovery-based power plant. For the purpose, Vertex Cements received the prospecting licence from the state government for mining purposes.

 

The project entails an investment of Rs 1,500 crore. Vertex Cements will finance the project through bank loan and internal accruals in the ratio of 2:1. The company is in the process of achieving financial closure for the project.

 

Further, the company will soon achieve environmental clearance for the project, and land acquisition of 500 acre is underway.

 

At present, work on the project is in the planning stage and civil work is expected to commence in 2015.

 

Related Link:
Project profile

New Password
Confirm Password