Mukutban cement plant begins clinker despatch

The Mukutban Integrated Cement Plant of RCCPL Private Limited (RCCPL), wholly owned subsidiary of Birla Corporation Limited, has started clinker despatch. The plant has a clinker capacity of 2.68 million tons and cement grinding capacity of 3.9 million tons. annually. The captive thermal power plant has a generation capacity of 40 mw.

The clinker is being despatched to the Company's nearest grinding unit at Butibori. Maharashtra. Shri Arvind Pathak, MD & CEO, Birla Corporation Limited flagged off the maiden consignment of clinker laden truck.

The state-of-the-art cement plant at Mukutban, near Nagpur, has taken 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.

Planning of the construction and erection activities, considering their intricacies, received close attention. The critical positions were identified right at the initial phase for seamless erection, operation and maintenance. ERP systems have been developed to go live simultaneously.

The Rs 2,744-crore Mukutban integrated cemenf plant is an important milestone 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. The plant is one of the most advanced cement factories in India, in terms of technology, environmental compliance and efficiency parameters.

To achieve 10-million man hours of construction with zero accidents and completion of the entire project without a single major accident or fatality, is considered a unique achievement in the cement industry. The Mukutban plant will not only have a major impact on the cement business of the MP Birla Group but will make a meaningful contribution to the improvements of the lives and livelihoods of the people associated with it as well as the communities in the neighbourhood, in keeping with the Group's credo of Heart and Strength.

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

The rapid pace of infrastructure development in Maharashtra would provide a suitable and conducive environment for Birla Corporation Limited to enter this lucrative and important market and increasing its footprint in Western India and contribute to the infrastructure development of Maharashtra.

Shares of Birla Corporation Limited was last trading in BSE at Rs. 1111.00 as compared to the previous close of Rs. 1080.00. The total number of shares traded during the day was 19646 in over 1623 trades.

The stock hit an intraday high of Rs. 1123.95 and intraday low of 1082.05. The net turnover during the day was Rs. 21595411.00.

Source : Equity Bulls

Keywords

BirlaCorporation INE340A01012 Mukutban CementPlan Clinker Despatch