Shree Cement has chalked out a Rs 1,000 crore investment plan to expand its
cement and power plant capacity over the next 12 months. Of the total, Rs 800
crore is likely to be raised through internal accruals.
The company is likely to set up two grinding units each in Rajasthan and
Uttarakhand with a total capacity of 2.5 million tpa and two power plants of
50MW each at Bangur in Rajasthan. It is also setting up a waste heat recovery
power plant called "Green power project" which will generate 43 MW of green
power. The green power project is scheduled for completion in the fourth quarter
of 2009-10.
Also See:
Shree Cement
commission's clinker unit VII (24-Mar-09)