Ultratech Approves Rs 13,000 Crore Investment To Boost India's Cement Production

Ultratech, the flagship company of the Aditya Birla Group, has approved a Rs 13,000 crore investment aimed at ramping up its cement production capacity by an impressive 21.9 million metric tonnes per annum (MTPA). This significant expansion is set to propel Ultratech's total capacity to an astonishing 182 MTPA in India.

Emphasizing the company's dedication to India's development, Kumar Mangalam Birla, Chairman of the Aditya Birla Group, hailed the latest investment as a testament to Ultratech's commitment. He pointed out that over the past seven years, the company's investments have exceeded Rs 50,000 crores, playing a pivotal role in powering India's infrastructure needs, including housing and roads.

'With each investment, we have not only expanded our footprint but also powered India's needs for housing, roads, and other vital infrastructure,' Mr Birla stated. He reaffirmed Ultratech's ambitious goal of reaching a capacity of 200 MTPA and positioned this expansion as a crucial step toward achieving that milestone.

In line with their mission to reduce carbon emissions, the company has made a deliberate choice to avoid investing in thermal power capacity. Instead, they are planning to establish an additional 39 MW Waste Heat Recovery System (WHRS) capacity, at a cost of Rs 453 crores, and will allocate Rs 180 crores to invest in alternative fuel feeding and handling equipment, contributing significantly to reducing carbon emissions.

Ultratech aims to utilize green energy in excess of 60% by the end of 2027, supported by a total WHRS capacity of over 400 MW and approximately 1.5 GW of renewable energy.

Once the third phase of expansion, as approved by the Board of Directors, is commissioned, Ultratech will have a robust presence across India, with 35.5 MTPA in the South, 40.4 MTPA in the East, 36.2 MTPA in the North, 35.7 MTPA in the Central region, and 33.8 MTPA in the West. The expansion will be achieved through the establishment of 4 greenfield and 4 brownfield plants along with 4 greenfield bulk terminals.

The new capacities are anticipated to commence commercial production in a phased manner starting in the fiscal year 2026.