Business Standard

Ultratech board approves Rs 1,000 cr capex plan

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BS Reporter Mumbai

Of this, Rs 250 crore would be spent on setting up waste heat recovery systems of 25 MW across units of the company for generating power out of waste gases. The remaining funds will be invested in additional RMC plans, extension of jetty in Gujarat, new port terminals and other schemes for improving productivity, the company said.

 

Towards all of these capex plans, the company has already spent Rs 2150 crore. Nearly Rs 2,050 crore will be spend further during the next three years, the company said.

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First Published: Jul 18 2008 | 3:09 PM IST

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