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Business EconomyPosted at: Jul 21 2018 7:03PM


Orient Cements to invest Rs 2000 cr for expanding capacity of its plant

Hyderabad, Jul 21 (UNI) Orient Cement Limited is planning to invest Rs 2000 Crore to expand the
capacity of its plant from current 3.05 million tonnes to 7.5 million tonnes of cement per annum.

Mr. Deepak Khetrapal, Managing Director and Chief Executive Officer of Orient Cement Limited
(CK Birla Group) who met Telangana IT and Industries Minister KT Rama Rao here on Saturday
appreciated the initiatives taken up by the state government for making investor-friendly policies and discussed about the expansion plans of the plant at Devapur (Mancherial) by CK Birla Group.

The Minister said, “Through Ease of Doing Business (EoDB), elangana has succeeded in attracting
new investments to the state and is helping the existing firms in expanding their business in the state.”

He also assured that the government will provide complete assistance to Orient Cement Limited.

Mr Khetrapal said that we are planning to invest Rs 2000 crore for expansion of the existing
plant at Devapur.

In this regard, Orient Cements Limited obtained first stage of Environment Clearance from Ministry
of Environment, Forest and Climate Change (MoEF), Government of India for expanding the existing cement plant. The final clearance of MoEF is awaited.

Mr Khetrapal said this plant is likely to give direct employment to 4000 people apart from creating indirect employment.


He requested the Minister for limestone linkage from TSMDC mines for long-term operation of the plant and thanked Mr Rao for taking the initiative through the state government in getting the first
stage of Environmental Clearance.

The construction of the plant is expected to start within four months once the final clearance from MoEF is obtained.

Telangana Government Principal Secretary ( Industries) Mr Jayesh Ranjan and Dr.G.Malsur, Vice Chairman and Managing Director, TSMDC were also present in the meeting.
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Tags: #Orient Cements to invest Rs 2000 cr for expanding capacity of its plant
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