Birla Corporation is planning to increase its cement production capacity to 25 million tonne by the end of 2025-26 from the present 20 million tonne. It is planning to raise capacity utilisation at Mukutban plant in Maharashtra, set up second clinker unit at Maihar in Madhya Pradesh and construct grinding units.
“With the commissioning of Mukutban, we have virtually ring-fenced our core market of Central India, which we can service seamlessly from our six plants, namely Maihar, Satna, Kundangunj, Raebareli, Chanderia and now, Mukutban. The strategic location of these plants and standardisation of product quality allows us to interchange source of supplies to maximise realisation and serviceability for our customers,” Birla Corporation chairman Harsh V Lodha told shareholders during the company’s 103rd AGM here on Tuesday.
The company is confident of increasing its market share in the premium cement segment in the state, where major players are active. Mukutban plant has an installed cement production capacity of 3.9 million tonnes annually.
Currently, the capacity utilisation stands at 40-45%.
Later, the MD and CEO of the company, Sandip Ghosh, said that the cement maker is also eyeing to raise its Ebitda to Rs 850 per tonne by this fiscal end from Rs 664 at the end of the first quarter.