While retaining cement as its mainstay, India Cements has ventured into related fields like shipping (owns 3 ships), captive power, and coal mines (in Indonesia), which had purposeful synergy with the core business. It is in line with the company's game plan of becoming cost efficient by combating uncertainties in the availability of critical inputs like energy and coal.
The company has its captive power plant of 48 mw capacity at Sankarnagar to cater to the energy needs of our cement plants in Tamil Nadu. A similar power plant with 50 mw is in operation at Vishnupuram in Telangana. The Plant caters to the power requirement of our cement plants in Telangana and also our plants in Andhra Pradesh.
A state of art heat recovery power plant of 8.5 mw is successfully running at Vishnupuram Plant supplementing its power requirements.
India Cements Ltd operates a gas-based power plant of 26.19 mw capacity at Ramanathapuram in Tamil Nadu through its subsidiary, Coromandel Electric Company Ltd. India Cements is one of the group captive consumers of Coromandel electric company limited and draw the power from Coromandel electric limited in proportion to their share holding as per electricity rules 2005.
In addition, the company owns 9.9 mw wind farms at Palladam and 8.75 mw wind farms at Thevarkulam in Tamil Nadu
A 20 mw captive power plant is in operation in Banswara Plant, Rajasthan, since 2012 and it fully meets the power requirements of the Cement Plant there.
The Company has a long association with shipping, being the original founder of erstwhile South India Shipping Corporation Limited (SISCO). The Shipping Division of the Company consists of Vessel Operations and Chartering. The Company owns and operates a Panamax Vessel with DWT 75499 MT, namely, “M.V.Chennai Valarchi” acquired in January 2024. The Vessel is charted out to enhance the earnings of the group and employed optionally on captive trade. The Division also caters to the Group’s vessel requirements for import cargoes of Coal, Gypsum and Limestone in own ship as well as by chartering vessels.
The company has acquired its own coal mines in Indonesia to ensure timely supply at competitive cost.
The company received the first shipment of Coal from its coal Mines in Indonesia in May 2013.
