1.Birla Corporation to increase cement capacity to 25 mt

Birla Corporation will enhance its cement capacity to 25 mtpa by 2025 with an investment of about Rs.50 bn. The existing cement production capacity of 15.5 mtpa will be expanded to 25 mtpa between its own factories and those acquired from Reliance Cement.

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2.The Hyderabad-based company gets Sebi nod for Rs 15.50 billion IPO

Hyderabad-based Penna Cement has received an approval from Sebi to proceed with its Rs 15.50 billion IPO.

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3.The Future Force

With an expenditure plan of Rs.34.3 billion, Ramco Cements is all set to attain cement capacity of 20 mtpa by 2020. Andhra Pradesh Chief Minister Chandrababu Naidu recently laid the foundation stone for a 3.15-mtpa greenfield Ramco Cement plant in Kurnool district at an investment of around Rs 15 billion.

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