Udaipur Cement Works Ltd more than doubles Cement Capacity

Udaipur Cement Works Limited (UCWL) achieved a significant milestone in its ongoing Expansion Project with the commissioning of an additional 2.50 Million Tonnes Per Annum Cement Grinding Capacity at its existing location at Udaipur in Rajasthan (India).

Under the dynamic leadership of Smt. Vinita Singhania, Chairperson, UCWL has seen remarkable growth in past few years. Smt. Vinita Singhania expressed her excitement, stating, "This expansion marks a monumental achievement for UCWL. Our total Cement Grinding capacity has more than doubled to 4.70 Million Tonnes Per Annum from 2.20 Million Tonnes Per Annum."

UCWL had earlier in October 2023 commissioned an additional Clinker Line of 1.50 Million Tonnes Per Annum whereby the Company's Clinker Capacity was doubled to 3.00 Million Tonnes Per Annum from 1.50 Million Tonnes Per Annum.

UCWL has been a pioneer in the promotion of various Green Initiatives. Last year, the Company had installed a first of its kind in the State of Rajasthan & the only one in the entire Indian Cement Industry a Floating Solar Power Plant of 1 MWp at its Mines. During the previous Quarter, the Company also doubled its Waste Heat Recovery Power Capacity from 6 MW to 12 MW. This has enabled UCWL to achieve a Green Energy share of more than 50% in total electrical energy consumption.

Shares of UDAIPUR CEMENT WORKS LTD. was last trading in BSE at Rs. 33.55 as compared to the previous close of Rs. 33.50. The total number of shares traded during the day was 787227 in over 1618 trades.

The stock hit an intraday high of Rs. 34.05 and intraday low of 33.25. The net turnover during the day was Rs. 26646822.00.

Source : Equity Bulls

Keywords

UDAIPURCEMENTWORKS INE225C01029 Milestone CementCapacity ExpansionProject