The Business Bytes
TBB BUREAU
NEW DELHI, AUG 3, 2023
Dalmia Bharat Limited (DBL), a leading Indian cement major under its wholly owned subsidiary Dalmia Bharat Green Vision Limited (DBGVL) on Thursday announced the commencement of commercial production at its new Greenfield Cement Grinding unit at Sattur in Tamil Nadu. This new unit adds 2 million tons of cement capacity to the company’s overall installed capacity, bringing it to a total of 43.7 million tons.
With an investment of Rs.686 crore, the new cement grinding unit will produce cement, supported for the clinker requirements from the existing integrated plants in Tamil Nadu. This strategic move is part of the company’s plan to strengthen its market presence in the South and to cater to the growing demand in the region.
The new cement grinding unit is equipped with the latest advancements in environmental-friendly technology for low carbon footprint. A 16 MW solar power capacity installation is in process to support its renewable energy initiative. With advanced automation and digitalization systems, the plant ensures higher operational efficiency and enhanced safety measures.
Commenting on the company’s expansion plans, Dalmia Bharat Limited Managing Director Puneet Dalmia said, “Amidst a robust real estate cycle and a sustained push by the Government on infrastructure, we find ourselves in a dynamic and strong demand environment. South is a fast-growing market and we are expanding our capacity to meet the rising cement demand in the region.”
Dalmia Bharat has long-term growth and investment strategy aimed at expanding its installed cement capacity to a substantial 110-130 million tonnes by the year 2030-31. The company’s growth approach includes a judicious combination of organic and inorganic opportunities, with a focus on a well-planned and cost-effective organic route.
