InvestorQ : Is it true that Ramco Cements is planning to expand its manufacturing capacity and how big is the expansion likely to be?
Arusha Ray made post

Is it true that Ramco Cements is planning to expand its manufacturing capacity and how big is the expansion likely to be?

Answer
image
8 months ago
Follow

The Tamil Nadu based Ramco Cements is absolutely planning to expand its production capacity from its current capacity level of 16 million tons per annum or MTPA to a level of 20 MTPA by FY22. This has been reported in the media and many top officials of the company have also confirmed this news. This will include the third line of clinkering plant at Jayanthipuram and a new cement plant in Kurnool; both in the state of Andhra Pradesh.

In terms of factory specific expansion, the clinkering capacity at Jayanthipuram will be increased from 3 MTPA to 4.5 MTPA. At the same time, it will set up fresh capacity in Kurnool with a clinkering capacity of 2.25 MTPA and cement capacity of 1 MTPA. All these capacities were supposed to come up originally by March 2021, but have not been postponed by one year due to the COVID pandemic taking its toll.

Ramco Cements has already incurred capital expenditure to the tune of Rs.2,500 crore out of the total planned capital expenditure of Rs.3,600 crore. The balance would be invested in the fiscal year 2021-22.

1 Views