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