Zuari Cement Ltd through its subsidiary Gulbarga Cement Limited is setting up a cement plant along with a 50 MW captive power plant in Gulbarga.
The cement project will be located 28 km from Gulbarga city on the Gulbarga-Bangalore highway and foresees capacity of 2 million tonne (MT) clinker and 3.23 MT cement per annum.
The unit is designed to double its capacity as part of the future plans to cater the growing demand in the northern segment of Karnataka and also the adjoining state of Maharashtra.
This unit will be strategically a very important investment for Italcementi in India.
Gulbarga Cement is in possession of 1,821 acre of land, GCL has received approval for the same from KIADB. After the foundation stone laying ceremony, the first step of the project will be the start of the mining activity.
On the future plans, the company is erecting one million tonne large grinding unit at Sholapur in Maharashtra and a cement terminal in Kochi with capacity of one million is also being developed.
After the completion of the project, Zuari Cement will encompass a total capacity of 10 MT, growing to be one of the largest cement manufacturers in southern India.
The foundation stone laying ceremony for the project was held recently in Gulbarga. The ceremony was inaugurated by Zuari Cement Managing Director Nabil Francis along with Business Development Director Ramesh Suryanarayana.
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