UltraTech Cement, an Aditya Birla group company, is setting up a greenfield project at Mahuva in Bhavnagar district of Gujarat at an investment of Rs 3,000 crore.
UltraTech Cement, an Aditya Birla group company, is setting up a greenfield project at Mahuva in Bhavnagar district of Gujarat at an investment of Rs 3,000 crore.
The company has proposed a cement plant with a capacity to produce 10,000 tonnes per day or about 3.5 million tonnes of cement annually. This apart, it is planning to set up a 60-Mw coal-based power project in the area. It has earmarked about 2,500 acres of land for the project of which 10 per cent has already been acquired, said sources close to the development.
"We have approached the Gujarat Maritime Board for a private jetty at Mahuva," said a senior company official.
Ultratech intends to import coal for the proposed power project and send cement to its terminals. From the ash produced from the power plant, the company might also set up a grinding unit for producing portland pozzulino cement.
UltraTech has five integrated plants, five grinding units and three terminals