Dalmia Cement unit to set up new plants

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Mumbai, July 22 (UNI) Dalmia Cement (Bharat) Limited today said its unit, Dalmia Cement Ventures Ltd, would set up cement plants in phases with a total annual capacity of 10 million tonnes.

The Company, however, did not divulge the total investment in the project.

Dalmia Cement currently operates a 3.5 million tonnes per annum cement plant in Tamil Nadu and was setting up two new plants in Andhra Pradesh and Tamil Nadu of two million tonnes each, a Company release said.

Ahead of the news, shares in the parent Company ended 0.39 per cent down at Rs 217 in the Mumbai market, a leading broker added.

UNI AR RN AG2055

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