Dalmia Cement starts commercial production at Murli Plant in Maharashtra
Dalmia Cement (Bharat) Limited (DCBL), a subsidiary of Dalmia Bharat Limited, announced the commencement of commercial production at its Murli Plant in Chandrapur district, Maharashtra and thereby adding 2.9 MnT cement capacity to the company’s overall installed capacity. The company’s installed cement capacity has now grown to 35.9 MnT.
The company acquired the plant for Rs 410 crores and further committed to invest Rs 929 crores for the revival, modernisation, expansion and installing green manufacturing equipment like waste heat recovery systems, solar power, green fuel systems and robotic labs for enhanced quality monitoring. “Around Rs 900 crores is spent/committed out of a total of Rs 1339 crores. The plant has been turned around within 15 months from its acquisition under the Insolvency and Bankruptcy Code (IBC) process,” the company said.
Earlier, Dalmia Bharat had unveiled its long-term growth and investment strategy to expand its installed cement capacity across the nation to 110-130 million tonnes per annum by 2031. The growth strategy is being executed through a mix of organic & inorganic opportunities with an inclination towards a more planned and cost-effective organic route.
Commenting on the company’s growth and expansion plans, Puneet Dalmia, Managing Director, Dalmia Bharat Limited, said, “We have hit the road running this year by aggressively following through with our growth strategy nationally. For the western market, in particular, we continue to take our responsibility as a corporate leader seriously by creating a progressive and sustainable ecosystem. Moving forward, and in partnership with the great state of Maharashtra, we look forward to focusing on our ambitious business, social and sustainability goals.”
Discussing Murli plant’s commercialization commencement, Hakimuddin Ali, Executive Director, DCBL, “This capacity addition will empower us to produce and meet growing demand for India’s biggest cement market, Maharashtra, especially in the Vidarbha, Marathwada and Khandesh regions.”
