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NTPC to enter cement business

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With a two-fold objective in mind, the country’s largest power generator NTPC is planning to get into cement manufacturing. It will utilise fly ash from its power stations and create captive demand for electricity.

NTPC is looking for partners on a BOO (build, own, operate) basis to build proposed cement plants in the vicinity of its power stations. The annual capacity could be 1million tonne or more. The company is also open to helping with land, water and power wherever possible.

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