The block, which spans an area of about 538 Hectare in Gadchiroli, Maharashtra, has an estimated limestone resource of about 150 million tonnes with a CaO content of more than 42%. To be recognised as a “successful bidder,” the company must obtain all necessary licences and permits related to mining operations. Once this is done, it can then enter into a Mine Development and Production Agreement (MDPA) with the Maharashtra government to start the mining operation. In the meantime, the company has placed orders to increase clinker capacity at Bhatapara, Chattisgarh, and Maratha, Maharashtra, units by 8 million tonnes, in accordance with the highest ESG standards, with 42 MW of (waste heat recovery system) WHRS, provision to utilise 50% (alternative fuels and raw materials) AFR, and provision to operate on green power.
The capacity expansion projects will make it possible to produce 14 million tonnes of blended green cement. The CAPEX will be paid for out of internal accruals, and these projects are anticipated to be put into operation in 24 months. CEO of Cement Business Ajay Kapur stated, “These brownfield expansion projects are part of our strategy to double our production capacity from the current capacity of 67.5 MTPA over the next five years. We will be able to accomplish our long-term goals thanks to our ongoing investments in sustainability and capacity expansion because we are dedicated to providing sustainable growth and value to our stakeholders.
In India, one of the top cement manufacturers is Ambuja Cements. It is a part of the Holcim Group, a leader in building products and solutions with operations in the cement, aggregates, ready-mix concrete, and solutions & products business segments.