India’s UltraTech, Ramco to set up new cement plants in Andhra Pradesh

The State Investment Promotion Board (SIPB) of Andhra Pradesh in India has approved INR 92 billion (€1.20 billion/US$1.50 billion) of proposals by UltraTech Cement and Ramco Cements for greenfield cement plants in the state. These will employ a combined 4,000 people and produce 12 million tonnes of cement a year. UltraTech will set up a unit in Petnikota, Kurnool district, and another in Dachepalli, Guntur district, while Ramco will build its facility in Kolimigundla, Kurnool.
November 6, 2014 Read time: 1 min

The State Investment Promotion Board (SIPB) of Andhra Pradesh in India has approved INR 92 billion (€1.20 billion/US$1.50 billion) of proposals by 6846 UltraTech Cement and Ramco Cements for greenfield cement plants in the state.

These will employ a combined 4,000 people and produce 12 million tonnes of cement a year.

UltraTech will set up a unit in Petnikota, Kurnool district, and another in Dachepalli, Guntur district, while Ramco will build its facility in Kolimigundla, Kurnool.

The government will build a 20km railway siding facility between the two districts. Kurnool is of particular interest due to its extensive limestone deposits and recent rail and highway projects.

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