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MTPA INCREASE 2027
Ambuja Cements to invest $1.5 billion to raise capacity to 155 MTPA by FY30Ambuja Cements plans to invest ₹14,500 crore to enhance its cement production capacity by fiscal 2030. The current capacity of 113.5 MTPA i...- JSW Steel and Japan's JFE to add 5 MT steel capacity at Odisha JV plant with Rs 7,500 cr investmentJSW Steel and JFE Steel have entered into a mutual agreement to enhance their joint venture steel initiative in Odisha. With a notable inve...
- New railway projects to cut oil imports by 13 cr litres & CO2 emissions by 65 cr kg, equal to planting 2.6 cr trees; All about Rs 9,450 cr multitracking projectsThe Cabinet Committee on Economic Affairs has approved four major railway projects aimed at improving freight movement and passenger connec...
- Ambani's Rs 2.7 lakh cr underground bet can save India from shocksReliance Industries has proposed a Rs 2.73 lakh crore, 30-year investment to develop an underground coal gasification complex in Andhra Pra...
- Anupam Misra takes charge as CMD of Hindustan CopperHindustan Copper Ltd has appointed Anupam Misra as its new Chairman & Managing Director, taking over from Sanjiv Kumar Singh. Misra, an IIT...
- Dalmia Bharat plans to raise Rs 4,000 cr; targets 110-130 MTPA cement capacity by FY31Dalmia Bharat is set to raise up to Rs 4,000 crore to fuel its ambitious expansion, aiming to reach 110-130 million tonnes per annum cement...
- Hindustan Copper plans Rs 7,189-cr capex over 5 years for expansion of minesHindustan Copper Limited is investing over Rs 7,000 crore in the next five years to expand its mines. Production capacity is set to signifi...
- Is KSH International IPO a smart bet for long-term investors?KSH International plans to raise ₹420 crore via fresh equity for capacity expansion and debt repayment, alongside a ₹290 crore offer for sa...
- JK Lakshmi Cement looks for 10% growth in FY'26JK Lakshmi Cement is aiming for double-digit revenue growth this fiscal year, driven by capacity expansions and improved efficiency. The co...
- Sanghi Industries shares tumble 12% on merger with Ambuja CementsSanghi Industries shares dropped 12.4% after Ambuja Cements announced a merger scheme offering 12 shares for every 100 Sanghi shares. The m...
- Ambuja Cements shares jump over 1% as Adani Group merges Sanghi Industries, Penna CementAmbuja Cements' shares rose after announcing the merger of Sanghi Industries and Penna Cement. Sanghi shareholders will receive 12 Ambuja s...
- Adani Group announces merger of Sanghi Industries & Penna Cement with Ambuja CementsAdani Group-owned Ambuja Cements on Tuesday announced the merger of Sanghi Industries and Penna Cement Industries with itself. Under the sc...
- JSW Infrastructure approves capex of Rs 2,359 crore for capacity expansionJSW Infrastructure Limited has approved a capex of Rs 2,359 crore to expand capacity at Jaigarh and Dharamtar Ports. The expansion aims to ...
- Ambuja Cement added 275 million tonne in limestone reserves during Apr-Jun quarterAmbuja Cements reported significant growth in the April-June quarter, adding 275 million tonnes in limestone reserves. The company highligh...
- Adani group firm Ambuja Cement bags 24 limestone mines in FY24Ambuja Cements, a subsidiary of the Adani group, has won 24 bids for new limestone mines with a total resource of 587 million tonnes. The c...
- Australia continues to be India’s top source of steel making coking coalAccording to Kulaste, Coal India Limited (CIL) has planned to increase raw coking coal production from existing mines by up to 26 million t...
- Ultratech Cement to invest Rs 13,000 crores for increasing capacity by another 21.9 mtpaThe board of Ultratech Cement has approved an investment of Rs 13,000 crores to increase its capacity by an additional 21.9 million tonnes ...
- Expects profitability to improve as operating cost normalises; to expand presence: Dalmia BharatIndian cement maker, Dalmia Bharat, expects its profitability to gradually improve as commodity inflation cools down. The company plans to ...
- Outgoing RINL Chairman AP Choudhary rues not having captive minesRINL could have generated enough cash to take up next phase of expansion provided it had captive source for raw materials, outgoing Chairma...
- RINL to invest Rs 60,000 cr to have 20 MT capacity by 2027The company is in the process of stabilising new units under the current phase of expansion that got delayed by over a year.
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