Dalmia Cement Bharat commissions enhanced capacity at its Murli Plant

20 Jan 2022 , 01:34 AM

Dalmia Bharat announced that its subsidiary Dalmia Cement Bharat has commenced the commercial production at its Murli Plant in Chandrapur district Maharashtra and thereby adding 29 MnT cement capacity to the companys overall installed capacity The companys installed cement capacity has now grown to 359 MnT The company acquired the plant for Rs 410 crore and further committed to invest Rs 929 crore for the revival modernisation expansion and installing green manufacturing equipment viz Waste Heat Recovery Systems Solar Power Green Fuel systems and Robotic Labs for enhanced Quality monitoring Approx Rs 900 crore is spentcommitted out of a total of INR 1339 crores The Plant has been turned around in a record time of 15 months from its acquisition under the Insolvency and Bankruptcy Code IBC process