Jaiprakash to invest Rs 1,250 cr

Jaiprakash Associates Ltd plans to invest Rs 1,250 crore in raising its clinker and cement manufacturing capacity in Himachal Pradesh. Currently, the company has an annual capacity of 4 mtpa including clinker and cement in the state and plans to add 2.5 mtpa by 2012. The company is in the midst of capacity expansion of its cement business in Northern, Southern, Central, Eastern and Western parts of India and aims to be a 22.80 mtpa cement producer by FY10 and 33.55 mtpa by FY12 with captive thermal power plants totaling 702 MW. Contact: Jaiprakash Associates Ltd. Tel: 011-2614 1540.