Madras Cements to invest Rs 300 cr in this fiscal

Madras Cements has lined up investments to the tune of Rs 300 crore for the current fiscal. Of this, Rs 225 crore will be utilised for setting up a thermal power project. According to the company’s 2011-12 annual report, its Ramasamy Raja Nagar plant is in the process of installing a roll press for increasing its cement-grinding capacity from the present 210 tonne per hour (TPH) to 260 TPH. The cost of the project including installation of kankar crusher and fly ash-handling system is Rs 110 crore. The project is expected to be commissioned in March 2013.Contact: Madras Cements.Tel: 044-2847 8666.Website: www.ramcocement.in