After Tata Power, Binani Cement, a subsidiary of Binani Industries, is looking to acquire coal blocks in Indonesia to meet its energy requirements, a company official said today.
Binani Cement Managing Director of Binani Cement Vinod Juneja said the company was eyeing coal blocks in Indonesia and would be finalised in the next few months. Juneja said the coal blocks have reserves of around 6 million tonnes per annum.
Besides, the company plans to commission its one mtpa capacity cement plant in Mauritius.
In India, Binani has a 6.5 mtpa cement plant at Rajashthan and two overseas units in Dubai and China.
In the last fiscal, the company clocked a turnover of Rs 1,900 crore. In West Bengal, Binani would market its cement brands for the first time, for which it had created a hub in Burdwan district in the state.
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