Reliance Infra’s first cement unit commences production

Posted By:

Reliance Infra’s first cement unit commences production
Reliance Infrastructure, on Monday entered the cement market, commenced production from its first
manufacturing unit at Butibori, Nagpur (Maharashtra).

Shares of the company was seen trading higher by 1.67% to Rs 516 on BSE at 10.45 am IST.

Reliance Infra's first cement unit is fully automated with State-of-the-art laboratory and quality assurance system.

Anil Ambani-led Reliance Group is currently executing its two projects with a total capacity of 10 million tonnes in Madhya Pradesh and Maharashtra with connected satellite grinding plants. Pegged at 5 million tonnes each, these two projects will set the foundation for the upcoming projects thereon.

All the manufacturing facilities of the company will be stateof-the-art in terms of technology and scale, and will also leverage best practices in logistics, distribution and last mile selling.

The company will have its clinker producing plants close to the main raw material - limestone and then have satellite grinding units closer to the target markets.

The cement production relies heavily on energy resources like coal and power along with raw materials mainly limestone and fly-ash, the synergy of these factors combined with execution capabilities of Reliance Group drives its cement business to become a potential leader in the domain and become an integral part of the Indian infrastructure development story.

Commenting on this development, Mr. Sumit Banerjee, Vice Chairman of Reliance Cement, said, "Commissioning of Butibori unit is a landmark event in the cement industry, marking the entry of one of the largest business groups of India into the sector.

Read more about: reliance infra
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Thousands of Goodreturn readers receive our evening newsletter.
Have you subscribed?