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My Home Industries

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From a mere 0.19 mtpa in 1998 My Home Industries has augmented its production capacity to 8.4 mtpa and has become one of the top 15 cement groups/companies in the country.

My Home Industries is a part of Rs. 4,000 crores My Home Group, a business conglomerate based out of Hyderabad.Ireland based CRH Plc Group, world?s third largest player in building materials, acquired 50 per cent stake in My Home Industries in the year 2008, and with this, the company has become CRH?s first joint venture in India as well as the first major investment in Asia. CRH is a leading global building materials group having operations in 34 countries, 3,300 operating locations, 300 million tonnes of product, approximately 76,000 employees and C19 billion sales revenues.

Capacity addition
The company had set up its first cement plant in Mellacheruvu in Nalgonda district of the undivided State of Andhra Pradesh in 1998 with a capacity of 0.19 mtpa. Subsequently, the capacity of this plant was increased to 3.2mtpa In 2009, the company set up a cement grinding unit in Visakhapatnam district of Andhra Pradesh with a capacity of 1.5 MTPA. Subsequently second unit was set up with a capacity of 0.50mtpa. In August 2013, MHIPL acquired the second integrated cement plant in Kurnool district in Andhra Pradesh. This 3.2mtpa cement plant was commissioned in June 2010. It is the most modern cement plant with a six stage inline calciner pre-heater technology. Most advanced separate grinding and blending technology from Loesche, Germany, is implemented here.

My Home Group
The company has grown from strength to strength from a mini cement plant to a major cement player in a span of 19 years. The company is managed by a team of well qualified and highly experienced professionals under the leadership of Chairman Dr. Rameswar Rao and Managing Director Mr J Ranjith Rao. Over the years, Dr. Rao, a Homeopathic Doctor turned first generation entrepreneur, has built My Home Group, which has four main companies under its fold, namely: My Home Industries Private Limited, My Home Constructions Private Limited, My Home Power Private Limited and My Home Power Consultancy Services Limited. My Home Constructions is a renowned name for the quality and aesthetic value of its constructions, timely completion and competitive prices. The several residential and commercial complexes built by the company across Hyderabad are an eloquent testimony to its reputation in the field. My Home Group is also promoting education through My Home Educational Society, which started the Little Scholar School in Hyderabad in 1991 and has a branch at Mellacheruvu in Nalgonda district of Telangana.

RMC plants
My Home Industries has also entered into the business of ready mix concrete (RMC) and set up two RMC plants, one at Patancheru in Medak district, acquired in 2009 and another at Nacharam in Hyderabad, set up in 2012.

Captive power plants
My Home Industries had initially set-up a 15MW captive power plant (CPP) at Mellacheruvu plant, which has been generating power since March, 2006, resulting in substantial saving in the cost of power. Later in March 2012, the company set up its second CPP with a generation capacity of 60MW at its Mellacheruvu plant. The entire power requirements of the plants are being met from CPPs and the surplus power of about 25 MW is being sold to Discoms.

Markets
The company manufactures 43 grade and 53 grade Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC) and Portland Slag Cement (PSC) and markets them under the brand ?Maha Cement? in twelve States, namely: Andhra Pradesh, Bihar, Chhattisgarh, Goa, Jharkhand, Karnataka, Kerala, Maharashtra, Odisha, Tamil Nadu, Telangana and West Bengal. The company has built up a very wide marketing network of 20 regional offices and more than 4000 dealers.

The brands Maha Shakthi, Maha Solid and Maha Supremo are very popular in their respective areas. Recently, the company has introduced Maha Solid HD+ brand especially to suit the needs of Odisha and further eastern mar kets.

(Communication by the management of the company)

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Projects

Adani Group to invest Rs 55,000 cr in Gujarat projects, including cement plant

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Billionaire Gautam Adani announced over Rs 55,000 crore investment in next five years in a clutch of projects in Gujarat including the world’s largest solar park, a copper plant, a cement unit, and a lithium battery manufacturing complex, envisaging direct employment to 50,000 people.

Adani Group, which operates Mundra port in the state, announced plans to foray into petrochemical business with a Rs 16,000 crore project with German chemical major BASF.

Speaking at the 9th Vibrant Gujarat Summit here, Adani said his group’s investments in Gujarat in the past five years exceed Rs 50,000 crores and “we are further accelerating our investments.”

“Over the next 5 years, our investments will include the world’s largest solar hybrid park in Khavda. The anticipated investment in this park is Rs 30,000 crore. We also plan to establish a 1 GW Data Center Park in Mundra, a one million ton copper smelting and refining project, a cement and clinker manufacturing unit in Lakhpat, an integrated Lithium battery manufacturing complex and expand our Photovoltaic manufacturing capabilities. Overall, we anticipate a total of Rs 55,000 crore of investment in all these projects,” he said.

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Bangladesh’s Chhatak Cement announces modernisation project

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Bangladesh’s Chhatak Cement Co Ltd has announced plans to modernise its facility and convert it from wet process to dry process. The company has begun to prepare a development project proposal, with a schedule to implement the upgrades by 2021.

According to company officials, Chhatak Cement has incurred an accumulated loss of over BDT3.63bn (US$43.25m) between FY13-14 and FY17-18, mainly due to its outdated machinery resulting in loss of production capacity. The plant is currently operating at 70,000 tonnes per annum (tpa).

However, the new project is anticipated to boost production capacity and increase annual company profit to around BDT1bn. The modernisation is expected to be financed by a BDT8.9bn investment from the government, with BDT5.34bn as a loan with a payback period of seven years and the rest as equity, according to The Financial Express.

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Forced shutdown of Viet-Dung Quat cement plant in Vietnam

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The Dai Viet-Dung Quat cement plant has been forced to temporarily shut down in the central province of Quang Ngai due to environmental pollution. Since 26 May, the locals had gathered in front of the plant to call for a shutdown.

Director of Central Region Cement JSC Trinh Van Dien, investor in the Dai Viet-Dung Quat cement plant, said, “We invited an environmental monitoring team to check the dust concentration and the results are safe. The local Department of Natural Resources and Environment hasn?t reached a conclusion on the noise level yet.”

He added, “We?ve had to temporarily close the plant, meaning we”re losing VND300m (US$13,437) and the 100 workers are kicking their heels at home. I don”t know what to do.”

The ground clearance work should have been done this year but the coal-powered plant project was delayed until 2020. As a result, the ground clearance work has also been delayed.

According to the locals, they want to be compensated for the relocation if the plant stays. “We don?t want to stay. We have to move,” local Nguyen Ne said.

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