Connect with us

Concrete

My Home?s cement capacity to touch 10 MT

Published

on

Shares

Rs 240-cr Tuticorin plant to go on stream in January
My Home Industries, one of the largest conglomerates based in Telangana with interests in cement and real estate, is set to increase its cement production capacity to 10 million tonnes (MT).

Its 1.5-MT plant in Tuticorin, Tamil Nadu, is expected to be commissioned in January 2017.

My Home, with its "Maha Cement" brand, became a major player in the sector with the acquisition of the 3.2-MT cement plant of Sree Jayajyothi in Kurnool, Andhra Pradesh, from Shriram EPC in 2013 for around Rs 1,400 crore.

The plant was facing a Rs 680-crore loss and heading to BIFR. My Home infused around Rs 700 crore in equity. The 100 per cent subsidiary has since been turned around, and it logged a Rs 124-crore profit last fiscal.

My Home is now looking to break into the big league. "We want to go in for acquisitions in north, central and western India to further increase the capacities," said J Rameswar Rao, founder Chairman of the Rs 5,000-crore, zero-debt, cash surplus group. The port-based Tuticorin plant will see an investment of Rs 240 crore. Once it starts production, the company?s access to both the southern and eastern markets will considerably increase.

Privately-held My Home currently has two integrated cement plants ?at Mellacheruvu in Nalgonda district of Telangana and Yanakandla village in Kurnool district. In addition, it operates a grinding unit at Mulakalapalli village in Visakhapatnam district of Andhra Pradesh.

Ready mix concrete
The combined capacity of the three plants is around 8.8 MT per annum. The company also operates two ready mix concrete units.

My Home has a 50:50 joint venture with Ireland-based global construction materials major CRH, under which the cement business is being rapidly expanded in the country. In 2008, CRH had picked up a stake in the Hyderabad-based cement company for Rs 1,837 crore to enter the Indian construction market.

Volatile times
?As far as the cement sector is concerned, we (My Home and CRH) grew together and will grow together,? said Rao.On the market trends, he said the cement sector has seen volatile times, with significant additional capacity coming in.?Growth is likely in Telangana and Andhra Pradesh once all government initiatives like housing and irrigation projects fully take off,? he said, adding that the private sector demand could go up 5-7 per cent, going forward. ?The rollout of GST might give some relief to the cement sector,? he said. At present the tax regime is choking the sector since VAT is 5 per cent on steel but 14 per cent on cement.

Source: Business Line

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Concrete

Ultra Concrete Age

Prof. A. S. Khanna (Retd., IIT Bombay) on how Ultra-high performance concrete (UHPC) improves strength, durability and lifecycle performance.

Published

on

By

Shares
The need of present time is stronger buildings, industrial or common utility buildings, such as Malls, Railway stations, hospitals, offices, bridges etc. For this, there is need of long durable, tough and stable concrete, which could stand under normal and seismic conditions. Tough railway bridges are required for bullet trains to pass without any damage. Railway tunnels, sea-links, coastal roads, bridges and multistorey buildings, are the need of the hour. The question comes, is the normal cement called OPC is sufficient to take care of such requirements or better combination of cements and sand mixtures is required?
Introduction
A good stable building structure can be made with a good quality of cement+sand+water system. Its quality can be enhanced by keeping the density of admixture higher (varies from 30 in normal buildings to bridges etc to 80). Further enhancement in the properties of various cements admixtures is made by adding several additives which give additional strength, waterproofing, flexibility etc. These are called construction chemicals…

Continue Reading

Concrete

NCB Signs MoU With Cement Manufacturer To Boost Construction Skills

Partnership to deliver nationwide training and certification

Published

on

By

Shares

The National Council for Cement and Building Materials (NCB) has signed a memorandum of understanding with a leading cement manufacturer to strengthen skill development and capacity building in the construction sector. The agreement was formalised at NCB premises in Ballabgarh and was signed by the Director General of NCB, Dr L. P. Singh, and the head of technical services at UltraTech Cement Limited, Er Rahul Goel. The collaboration seeks to bring institutional resources and industry expertise into a structured national training effort.

The partnership will deliver structured training and certification programmes across the country aimed at enhancing the capabilities of civil engineers, ready?mix concrete (RMC) professionals, contractors, construction workers and masons. Programme curricula will cover material quality testing, concrete mix proportioning, durability assessment and sustainable construction practices to support improved construction outcomes. Emphasis is to be placed on standardised assessment and certification to raise practice levels across diverse construction roles.

Practical learning elements will include workshops, site demonstrations, technical seminars and exposure visits to plants and RMC facilities to strengthen applied skills and on?site decision making. The Director General indicated confidence that a large number of professionals and workers would be trained over the next three to five years under the initiative. The partnership is designed to complement flagship government schemes such as the Skill India Mission and to align training outputs with national infrastructure priorities.

By combining the council’s technical mandate with industry experience, the initiative aims to develop a more skilled and quality?conscious workforce capable of meeting rising demand in infrastructure and housing. NCB will continue to coordinate programme delivery and quality assurance while industry partners provide practical exposure and technical inputs. The collaboration is expected to support long?term capacity building and more sustainable construction practices nationwide.

Continue Reading

Concrete

JSW Cement Commissions Nagaur Plant, Enters North India

New Rajasthan unit boosts capacity to 24.1 MTPA and expands reach

Published

on

By

Shares
JSW Cement has strengthened its national presence by commencing production at its greenfield integrated cement plant in Nagaur, Rajasthan, marking its entry into the north Indian market.
With this commissioning, the company’s installed grinding capacity has increased to 24.1 MTPA, while total clinker capacity, including its joint venture operations, stands at 9.74 MTPA.
The Nagaur facility comprises a 3.30 MTPA clinkerisation unit and a 2.50 MTPA cement grinding unit, with an additional 1.00 MTPA grinding capacity currently under development. Strategically located, the plant is positioned to serve high-growth markets across Rajasthan, Haryana, Punjab and the NCR.
The project has been funded through a mix of equity and long-term debt, with Rs 800 crore allocated from IPO proceeds towards part-financing the unit.
Parth Jindal, Managing Director, JSW Cement, stated that the commissioning marks a key milestone in the company’s ambition to become a pan-India player. He added that the project was completed within 21 months and positions the company to achieve its targeted capacity of 41.85 MTPA by FY29.
Nilesh Narwekar, CEO, JSW Cement, highlighted that the expansion aligns with the company’s strategy to tap into rapidly growing northern markets driven by infrastructure development. He noted that the company remains focused on delivering high-quality, eco-friendly cement solutions while progressing towards its long-term capacity goal of 60 MTPA.
The Nagaur plant has been designed with sustainability features, including co-processing of alternative fuels and a 7 km overland belt conveyor for limestone transport to reduce road emissions. The facility will also incorporate a 16 MW Waste Heat Recovery System to improve energy efficiency and lower its carbon footprint.
JSW Cement, part of the JSW Group, operates across the building materials value chain and currently has eight plants across India, along with a clinker unit in the UAE through its joint venture.

Continue Reading

Video Thumbnail

    SIGN-UP FOR OUR GENERAL NEWSLETTER


    Trending News