Birla Corporation cements its industry position by setting up an integrated plant at Mukutban, Maharashtra

This plant shall take the company’s cement business to 20 million tons annually and is the largest greenfield investment made by the company to date.

Birla Corporation Limited, the flagship Company of the MP Birla Group with business interests in cement and jute, announced the inauguration of an integrated cement plant at Mukutban. The company owns this plant via RCCPL Private Limited (RCCPL), which is its wholly-owned subsidiary.  

For setting up this plant, the company invested Rs 2,744 crore. It will be the fourth integrated cement unit of the Group and the biggest single line/kiln cement plant in Maharashtra, by capacity. Moreover, it will be powered by a 2 x 20 MW Thermal Captive Power Plant, which is based on Air-Cooled Condenser (ACC) technology. This shall bring down the water consumption by 90 per cent.

The company intends to make this plant one of the most advanced cement factories in the country, in terms of technology and efficiency parameters. This plant shall take the company’s cement business to 20 million tons annually and is the largest greenfield investment made by the company to date.

At the closing bell, the share price of Birla Corporation Ltd was trading at Rs 1462.35, down by 2.32 per cent from the previous day’s closing price of Rs 1497 on BSE.