The Government of Tamil Nadu has issued orders to upgrade two of its cement plants with an investment of Rs 515 crore. It has also sanctioned Rs 67.46 crore to Tamil Nadu Newsprint and Papers to set up its first cement plant.
A Supreme Court probe team has found that nine cement plants in the Meghalaya region are being run on forest land. The report by the Joint Inspection Team (JIT) of the apex court has revealed that almost 50 per cent of the nine surveyed cement plants in the Jaintia Hills district was classified as forest.
Dalmia Cement Managing Director Puneet Yadu Dalmia said that the company plans to spend nearly Rs 500 crore over the next few years to refurbish and add capacity to two cement plants it acquired last year. The company will have to spend at least Rs 100 crore to upgrade machines at the 1.5 million tonne (mt) cement factory at Meghalaya, which it acquired from Adhunik Group in September.