Online BusinessBharathi Cement to add 2.5 million tonne capacity by 2010
Bharathi Cement Corporation commenced its commercial operations from its Nallalingayapalli manufacturing plant located in Kadapa district of Andhra Pradesh on Tuesday.
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“The first phase to supply 2.5 million tonne is ready for production and the Phase-II of 2.5 million tonne will be ready in the last quarter of 2010,” the company said in a press release.
Bharathi Cement Corporation, headquartered in Hyderabad, is promoted by the Sakshi Group led by late chief minister YS Rajasekhara Reddy’s son YS Jagan Mohan Reddy, Dalmia Cements and India Cements. The company has set up the cement plant in September 2009.
“Bharathi Cement will initially focus on Andhra Pradesh, Tamil Nadu, Karnataka, Goa, Kerala and parts of Maharashtra, and gradually increase its pan-India presence through organic and inorganic growth,” the company said, adding that 50 per cent of the company’s cement will be despatched by road and the rest by rail.
The company, which claims to be the largest in the world with a capacity of 360 tonne per hour grinding capacity, is also planning to set up a thermal-based captive power plant at the plant location, besides entering the readymix concrete segment.
“Bharathi Cement is committed to take this business to a market leading position and already has a strong network of 600 dealers and 1,000 sub-dealers,” company’s director (marketing), Ravinder Reddy said.