Cement production capacity at State-run Tamil Nadu Cements Corporation will be increased to 19-lakh tonnes a year from the current 7-lakh tonnes, according to the policy note on Industries Department tabled in the Assembly on Friday.
Tancem, as the Rs 250-crore Cements Corporation is known, has two cement factories at Alangulam and Ariyalur. The Alangulam unit, which produces about two lakh tonnes of cement annually, is to be modernised at a cost of Rs 195 crore including Rs 50 crore for mine development.
It will get a Rs 95-crore support from the State Government through ways and means advance and interest free loan. The Ariyalur unit expansion will be implemented once the detailed project report being done by a private consultancy is completed.
Tancem also operates an asbestos sheet unit and a stoneware pipe unit. The asbestos sheet unit with a production capacity of about 28,800 tonnes a year will import asbestos fibre from Russia. It has engaged Tamil Nadu Newsprint and Papers Ltd to import the fibre and the first consignment of 495 tonnes have been received, the policy note said.