Business Bytes

Adani Cementation to set up plants in Gujarat, Karnataka

Adani Cementation, the wholly-owned subsidiary of Adani Enterprises, is in the process of setting up cement-grinding and clinker facilities at Mundra in Gujarat and Udupi in Karnataka. The cost for setting up two grinding plants is estimated at Rs 1,120 crore. The engineering consultancy would be invited to bid these 2 million tonne per annum (mtpa) cement-grinding plants. The grinding plants at Mundra and Udupi would require fly-ash of around 2,150 tonne per day, Gypsum would be 245 tonne per day, while Clinker would be around 3,700 tonne per day. Besides, the company will also set up a 5 mtpa clinker grinding facility at Lakhpat in Gujarat. The clinker plant will cost anywhere between Rs 1,500 crore to Rs 2,000 crore. While an investment of Rs 15 crore would be towards pollution-control measures at the grinding facilities. The project is likely to be completed in 24 months period, fulfilling the growing demand of cement in south and west India.