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KCP on Monday commenced commercial production of 1.66 million tonnes per annum of cement capacity at Muktyala plant (Line II), Jaggayyapet Mandai, Krishna District, Andhra Pradesh. “Some minor facilities like packing plant would be completed in about two months’ time,” the company said in a statement to the exchanges. With this expansion, the total capacity of the company would be 4.3 mtpa. KCP also commenced construction of a grinding unit with a capacity of 0.5 mtpa, at Naidupeta, Nellore, Andhra Pradesh. Shares of KCP jumped 2.89 per cent at ₹80.10 on the BSE.
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