Birla Corporation begins clinker dispatch at Mukutban cement plant; stock skyrockets ~6%

31 Mar 2022 , 12:49 PM

Birla Corporation Limited informed that its wholly-owned subsidiary RCCPL Private Limited has started clinker dispatch from its Mukutban Integrated Cement Plant. The stated plant has an annual clinker capacity of 2.68 million tons and a cement grinding capacity of 3.9 million tons. Whilst the captive thermal power plant has a generation capacity of 40 MW.

The company has dispatched the clinker to its nearest grinding unit at Butibori, Maharashtra. Birla Corp’s MD & CEO flagged off the maiden consignment of clinker laden truck.

The Mukutban plant takes into consideration energy-efficient equipment, right from the limestone crusher up to grinding and packaging. Project safety and quality of construction had been given the highest priority.

This Rs2,744 crore Mukutban plant is a great achievement in the annals of Birla Corporation Limited (MP Birla Group) and is the largest greenfield investment by the Company in the history of the Group, taking its cement business to almost 20 million tons annually. It is also one of the most advanced cement factories in India.

The plant has been built entirely by MP Birla Cement Perfect Plus PPC cement to reduce carbon footprint.

Birla Corporation is currently trading at Rs1,182.15 up by Rs71.15 or 6.4% from its previous closing of Rs1,111 on the BSE. It touched day’s high and low of Rs1,197.85 and Rs1,115 respectively.