Madras Cements forays into sugar
A Business Correspondent
Madras Cements Ltd, the flagship company of Ramco Group,
plans to foray into sugar by setting up a 10,000-tccpd sugar mill at Vengur in
Viluppuram district of Tamil Nadu. The company filed an IEM to this effect in
August this year. The diversification will also help the company to meet its
future power requirement through the cogeneration plant.
Meanwhile, Madras Cements is expanding its captive power capacity by setting up
a new unit of 18 mw at Jayanthipuram in Krishna district of Andhra Pradesh. The
project, on completion, will increase the total captive power capacity to 36 mw.
It will be ready by March 2008.
Contact: Madras Cements Ltd, Auras Corporate Centre, 98-A Dr.
Radhakrishnan Salai, Mylapore, Chennai, Tamil Nadu 600004. Tel:
044-28478666/8656; Fax: 044-28478676; E-mail: firstname.lastname@example.org
[December 3-9, 2007]