The cement maker stated that there will be no investment in thermal power capacity, keeping in line with the company's mission to reduce carbon emissions.

The expansion also includes investments in setting up additional 39 MW WHRS capacity at a cost of Rs 453 crore and Rs 180 crore towards alternative fuel feeding and handling equipment contributing towards the company's commitment to reduce carbon emissions.

The company will use green energy in excess of 60% by the end of 2027. This will be supported by a total WHRS capacity of over 400MW and renewable energy of approximately 1.5 GW.

Post commissioning of the 3rd phase of expansion, UltraTech will have 35.5 MTPA capacity in the South; 40.4 MTPA capacity in the East; 36.2 MTPA capacity in the North; 35.7 MTPA capacity in the Central and 33.8 MTPA capacity in the West.

This will be achieved by setting up 4 greenfield and 4 brownfield plants along with 4 greenfield bulk terminals.

Commercial production from these new capacities is expected to go on stream in a phased manner from FY26 onwards and will catapult the Company's cement capacity to 187 MTPA globally.

Kumar Mangalam Birla, Chairman, Aditya Birla Group, said, “Over the past seven years, UltraTech has strategically invested over INR 50,000 crores to support India's rapidly changing infrastructure landscape. Our fresh commitment of INR 13,000 crores underscores our deep-rooted belief in India's economic potential. With each investment, we have not only expanded our footprint but also powered India's needs for housing, roads, and other vital infrastructure.

Earlier this year, I had articulated our ambition to reach a capacity of 200 mtpa, and this expansion marks a pivotal step in that direction. With this round of capex UltraTech reinforces its position as one of the largest cement companies in the world and a national champion.”

UltraTech Cement is the cement flagship company of the Aditya Birla Group. It is the third largest cement producer in the world, outside of China, with a consolidated Grey Cement capacity of 137.85 MTPA.

UltraTech Cement gained 2.77% to Rs 8,510 after the cement major's consolidated net profit jumped 69.56% to Rs 1,281.45 crore on 15.26% rise in revenue from operations to Rs 16,012.13 crore in Q2 FY24 over Q2 FY23.

The scrip rose 0.66% to currently trade at Rs 8260.65 on the BSE.