
Displaying items by tag: KCP Cements
KCP appoints Indira Dutt as managing director
13 May 2020India: KCP has appointed Indira Dutt as its chairperson and managing director following approval by its shareholders. She succeeds V L Dutt, who died in February 2020, according to the Press Trust of India.
Indira Dutt holds a B.A. in economics from Madras University. She holds a number of directorships including Fives Cail - KCP Limited, Velagapudi Foundation, KCP Vietnam Industries Limited and V Ramakrishna Sons Private Limited. She was also the chairperson (CSR) member of finance committee and risk management committees of KCP. She is the president of the World Telugu Federation and Chairperson of Andhra Chamber of Commerce.
KCP is a conglomerate with businesses in the cement, heavy engineering, sugar and power industries. It operates two integrated cement plants in Andhra Pradesh.
India: Representatives from Aditya Birla subsidiary UltraTech, Ramco Cements, India Cements, JSW Cement and KCP have met with Andhra Pradesh Chief Minister Jaganmohan Reddy and other state officials to negotiate the sale of their products to construction companies working on public projects ‘at lower prices.’ The Hindu newspaper has reported that the state forecasts a year-on-year rise in its annual cement consumption of 67%, to 30Mt in 2020 from 18Mt in 2019. India Cements’ vice chair and managing director Narendra Srinavasan said that all planned infrastructure projects ‘ought to be implemented in order to bail out the industry from the turmoil it has been undergoing.’
KCP starts up two new lines
18 February 2019India: KCP has commenced commercial cement at the new 1.7Mt/yr line at its Muktyala plant in Andhra Pradesh. With this expansion, the total capacity of the plant has reached 4.3Mt/yr. The company has also started up its 0.5Mt/yr grinding plant project in Naidupeta, Nellore District, Andhra Pradesh.
KCP unit has lowest specific energy consumption in India
03 September 2018India: The KCP Ltd cement unit II at Ramakrishnapuram in Krishna district has bagged the ‘Excellent Energy Efficient Unit’ award from the Confederation of Indian Industry (CII). The award is given to the cement plant with lowest specific electrical energy consumption for cement production compared to the national average and lowest specific heat consumption for clinker production as against the industrial average.