New Cement Plant for Penna Cemnts in pune

Penna Cement, one of the largest cement companies in the private sector with an installed capacity of 7 million tpa, is planning to set up a 0.7-million tpa cement grinding unit at Daund in Pune district of Maharashtra. The unit will be set up on 23 acres of land. The estimated cost of the project is Rs 200 crore. Gannon Dunkerley & Co. Ltd is the contractor and Walchandnagar Industries the machinery supplier. While land for the project has been acquired, environment clearance is awaited. Work on the project is expected to start by September.